BRÈVE

sur First Phosphate Corp. (isin : CA33611D1033)

First Phosphate Announces Initiative to Support Housing in North America

On May 8, 2024, First Phosphate Corp. revealed that it had signed a letter of intent with the Australian company Rapid Building Systems to establish a Rapidwall manufacturing plant in Quebec. This initiative aims to provide environmentally friendly building materials for rural and indigenous communities in Canada and the United States. Rapidwall uses phosphogypsum, a byproduct of the phosphoric acid purification process conducted by First Phosphate. This material makes it possible to build in a more sustainable and ecological way.

The agreement provides First Phosphate with exclusive rights to the sales and marketing of Rapidwall and Rapidseal products in North America. Rapidseal, another innovation, also transforms phosphogypsum into spray plaster for fire-resistant applications in various sectors. According to First Phosphate executives, these technologies will significantly contribute to the circular economy and reduce the carbon footprint in North American construction.

R. P.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de First Phosphate Corp.