{"podcast":{"title":"Mining Stock Education","slug":"mining-stock-education-633206","podcast_index_feed_id":633206,"rss_url":"https://feeds.soundcloud.com/users/soundcloud:users:135447110/sounds.rss","website_url":"https://soundcloud.com/miningstockeducation","image_url":"https://i1.sndcdn.com/avatars-m6l6ajRyPmMhJ5z0-llED9Q-original.jpg","author":"Bill Powers","episode_count":500,"summary":"Profit from resource and precious metals investin…","last_synced_at":"2026-07-24T22:20:13.463495+00:00","page_url":"https://stenobird.com/podcast/mining-stock-education-633206"},"episode":{"title":"First Phosphate Secures EUR 170M Commitment & Targets 2029 Production with CEO John Passalacqua","slug":"first-phosphate-secures-eur-170m-commitment-targets-2029-production-with-ceo-john-passalacqua","published_at":"2026-04-15T12:00:31+00:00","page_url":"https://stenobird.com/podcast/mining-stock-education-633206/first-phosphate-secures-eur-170m-commitment-targets-2029-production-with-ceo-john-passalacqua","show_page_url":"https://stenobird.com/podcast/mining-stock-education-633206","url":"https://soundcloud.com/miningstockeducation/first-phosphate-secures-eur","audio_url":"https://feeds.soundcloud.com/stream/2302970507-miningstockeducation-first-phosphate-secures-eur.mp3","summary":"John Passalacqua, CEO of First Phosphate, provides an update on the company’s Quebec igneous phosphate project intended to produce purified phosphoric acid for LFP batteries. Passalacqua discusses a Danish Export Credit Agency LOI for up to 170 million euros for equipment and services, building on prior support including a Canadian federal non-repayable $16.7 million contribution and a similar 170 million US dollar EXIM Bank LOI, alongside a definitive bankable offtake agreement with some prepayment. He explains milestones needed to convert LOIs to definitive financing, with feasibility targeted by end-2026 and permitting in early 2027, supporting an aggressive 2029 production target. The conversation also covers completion of ~40,000 meters of infill drilling, discovery of two new zones that may expand the pit and resource, and the rationale for building a local North American/Western LFP supply chain amid geopolitical supply-chain disruptions. 00:00 Intro 00:56 Danish Financing LOI 02:25 Trade Tensions and Cooperation 03:04 From LOI To Definitive 04:25 Offtake Agreement De-Risking 06:18 Capex and Capital Stack 08:33 Drilling Results New Zones 10:50 Open Pit Depth and Mine Design 13:01 Geopolitics Supply Chain Resilience 15:21 North America and Europe Focus 16:11 Wrap Up and Tickers First Phosphate Introductory Interview: https://www.youtube.com/watch?v=eD7t1Q7OZfU Previous interview: https://youtu.be/mF2XegyOoEU Access press releases discussed: https://firstphosphate.com/news/ https://firstphosphate.com/ CSE: PHOS – FSE: KD0 – OTCQX: FRSPF – OTCQX-ADR: FPHOY Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor First Phosphate pays Mining Stock Education a United States dollar ten thou…","meta_description":"John Passalacqua, CEO of First Phosphate, provides an update on the company’s Quebec igneous phosphate project intended to produce purified phosphoric aci…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1173,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/mining-stock-education-633206/episodes/first-phosphate-secures-eur-170m-commitment-targets-2029-production-with-ceo-john-passalacqua/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/mining-stock-education-633206/first-phosphate-secures-eur-170m-commitment-targets-2029-production-with-ceo-john-passalacqua.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}