DAN:CC - Arianne Phosphate Continues To Add Top Tier Talent
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By Faith Ashmore, Benzinga
Arianne PhosphateInc. (OTCMKTS: DRRSF) is a promising phosphate mining companylocated in Quebec, Canada. The company’s Lac à Paul project is aresponse to the growing global demand for phosphate – historically,the global demand for phosphate increases by 2% to 3% eachyear , with demand driven primarily by its use in agriculture.Demand will likely be considerably higher when LFP batteries are takeninto account, and the Lac à Paul project is a fully permitted,shovel-ready project.
Arianne’s is a world-class mining site and is the singlelargest greenfield deposit of phosphate. One major edge Arianne has isthe deposit is igneous which allows it to produce a concentrate higherthan 90% of the world’s phosphate, which is housed in sedimentaryrock. This allows Arianne to produce a high-purity and low-contaminantphosphate concentrate ideal for use in batteries and fertilizer.
Arianne Phosphaterecently announceda significant addition to its advisory team , reinforcing itsalready impressive executive lineup. Mark Edinger, a seasonedprofessional with 15 years of experience at Nutrien Ltd. andits predecessor Potash Corporation of Saskatchewan, will be joiningthe company as an advisor. As the former Director of PhosphateCommercial and Product Management Teams at Nutrien, Edinger possessesa wealth of knowledge in global marketing of phosphate product lines,granting him a deep understanding of market participants, economicsand the industry landscape.
Edinger's arrival is a major boost for Arianne.Having held a senior position in Nutrien's phosphate division asDirector of Commercial and Product Management, he not only possessesextensive connections within the industry but also possesses extensiveexpertise in high-purity liquids (PPA) that are essential for LFPbatteries. This strategic addition to Arianne's team signals asignificant accomplishment for the company.
“Over the years, Ihave watched Arianne advance its Lac à Paul deposit from a grassroots exploration asset to, what is today, one of the most significantphosphate deposits in the world,” said Edinger. “Aside from itssize and geopolitically safe jurisdiction, Arianne will produce a veryhigh-purity, low-contaminant phosphate that will be required to meetthe world’s growing demand. Further, as Arianne has alreadydemonstrated, their phosphate is ideal for the materials required forthe LFP battery, a market that will significantly increase theimportance of the Arianne deposit. I am very excited to be part ofthis project and use my knowledge and contacts to see it come tofruition.”
Theinclusion of Mark Edinger and other experienced advisors shouldprovide considerable reassurance to investors. While investors may notpossess in-depth knowledge of phosphate-related nuances such asgeology, metallurgy and product use, the expertise of Edinger and hiscolleagues instills confidence in the project. The fact thatprofessionals of their caliber want to collaborate with Arianne alsospeaks to the company's potential.
“I worked closely with Mark for many yearsat Nutrien and look forward to repeating our success at Arianne,”said Raef Sully, former CEO of Nutrien’s Phosphate and Nitrogendivisions and member of the Arianne Board of Directors, who joinedArianne earlier this year. “Aside from their significant phosphatefertilizer operations, Nutrien also produces purified phosphoric acid,the material required for industrial applications as well as the LFPbattery. Mark and I both know first-hand the opportunities forhigh-purity market and believe that Arianne can be the major player inthis market; we look forward to advancing it.”
Arianne Phosphate seems well poised tobecome a strong supplier of phosphate to multiple industries in theregion that otherwise have to look to foreign countries for phosphatesupply. And when it comes to investing in a phosphate supplier,Arianne’s 12-year history, strong leadership and quality mean itstands strong amongst the limited companies in thesector.
ARIANNE PHOSPHATE INC. ( www.arianne-inc.com )owns the Lac à Paul phosphate deposit in Quebec, Canada. Fullypermitted and shovel ready, the asset is among the world’s largestgreenfield deposits, capable of producing an environmentally friendlyphosphate concentrate. Due to the nature of its high-purity,low-contaminant product, Arianne’s phosphate can be used to producefertilizer as well as meeting the technical requirements of specialtyapplications such as the lithium-iron-phosphate (LFP) battery. The Lacà Paul deposit is rare due to its geographic location and geologicalstructure. Arianne Phosphate is listed on both the TSX-V: DAN and the OTCQX: DRRSF .
This post contains sponsoredadvertising content. This content is for informational purposes onlyand is not intended to be investing advice.
Thisinformation contains forward looking statements. All statements, otherthan statements of historical fact, included herein, including withoutlimitation, statements regarding potential mineralisation andreserves, exploration results and future plans and objectives ofArianne Phosphate Inc, are forward-looking statements that involvevarious risks and uncertainties. There can be no assurance that suchstatements will prove to be accurate and actual results and futureevents could differ materially from those anticipated in suchstatements. Important factors that could cause actual results todiffer materially from Arianne Phosphate Inc’s (“AriannePhosphate” or the “Company”) expectations are disclosed underthe heading "Risk Factors" and elsewhere in Arianne PhosphateInc’s documents filed from time-to-time with the TSX Venture andother regulatory authorities.
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