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home / news releases / DAN - Unlocking The Versatility Of Phosphate: Powering EVs Ensuring Clean Water Fostering Agriculture And Supporting The Beauty Industry


DAN - Unlocking The Versatility Of Phosphate: Powering EVs Ensuring Clean Water Fostering Agriculture And Supporting The Beauty Industry

(NewsDirect)

Faith Ashmore,Benzinga

Phosphate, often underestimated and overlooked, is anincredibly versatile resource that plays a crucial role in severalessential industries. From powering electric vehicle batteries toensuring clean water, from promoting agricultural fertility toenhancing beauty products, phosphate is the unsung hero that deservesmore attention.

In the realm of electric vehicles, phosphate takes center stageas a critical component of rechargeable batteries. As the demand forclean energy alternatives continues to rise, phosphate serves as a keyingredient in the cathodes of lithium-iron-phosphate (LiFePO4)batteries. These batteries boast numerous advantages, including longerlifespan, enhanced safety, and improved performance.

The increasingpopularity of lithium iron phosphate batteries is reflected in theglobal battery market, where there is a growing interest in theiradoption. Multiple industries, including automotive and renewableenergy, are recognizing the benefits of these batteries andincorporating them into their products and infrastructure. Forexample, Tesla's (NASDAQ: TSLA) recent shift towards utilizing lithium ironphosphate batteries in their electric vehicles is a testament to therising prominence of this battery composition.

But phosphate’sinfluence extends far beyond EV batteries. In the quest to combatwater pollution, phosphate acts as an essential agent in watertreatment processes. Phosphate ions are adept at capturing andprecipitating heavy metals, preventing them from contaminating watersources. This property makes phosphate an invaluable ally in achievingclean water, protecting aquatic ecosystems, and ensuring the health ofcommunities that rely on these resources.

In the world of agriculture, phosphate takeson the role of a critical nutrient in fertilizers, driving growth andimproving crop yields. As the global population continues to grow, thedemand for food will increase exponentially. Phosphate fertilizersserve as a vital ingredient in bolstering soil fertility andmaximizing crop production. Phosphate is crucial in combating foodinsecurity challenges and nourishing a growing populationsustainably.

Beyond these industries, phosphate even finds its way into therealm of beauty products. Phosphate plays a significant role inenhancing the effectiveness and performance of various products.Phosphate compounds lend their unique abilities to improve productstability, increase shelf life, and enhance texture and spreadability.From shampoos to moisturizers, phosphate adds value to beautyproducts, making them more effective.

From an investing standpoint, it would seem surprising thatphosphate has not been invested in with the same fervor as othercommodities. The versatility seemingly makes phosphate easy to bet onbecause even if EV batteries evolve away from phosphate, there areseveral major and essential industries that rely onphosphate.

Arianne Phosphate: A Phosphate Supplier WorthLooking At?

Arianne Phosphate Inc. (OTCMKTS: DRRSF) is a promisingphosphate mining company located in Quebec, Canada. The company’sLac à Paul project is a response to the growing global demand forphosphate – historically, the global demand for phosphate increasesby 2% to 3%each year according to data compiled by Arianne Phosphate,with demand driven primarily by its use in agriculture. The companyreports that demand would be considerably higher when the growth ofLFP batteries is taken into account, and the Lac à Paul project is afully permitted, shovel-ready project.

Arianne’s is a world-class mining projectand is the single largest greenfield deposit of phosphate. One majoredge Arianne has is the deposit is igneous which allows it to producea concentrate higher than 90% of the world’s phosphate, which ishosted in sedimentary rock. This allows Arianne to produce ahigh-purity and low-contaminant phosphate concentrate ideal for use inbatteries and fertilizer.

But beyond quality phosphate, Arianne also boasts strongcommunity support and adheres to stricter environmental, social, andcorporate standards. For North American companies that want theirsuppliers to align with their agendas, Arianne is a perfect partner.

Arianne Phosphatecould be 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 and quality mean it stands strong amongstthe limited companies in the sector.

Phosphate is an underappreciated resource thatdemonstrates immense versatility across various industries. Frompowering electric vehicles to ensuring clean water, from promotingagricultural fertility to enhancing beauty products, phosphate plays avital role in our everyday lives. As nations and enterprises strivefor a sustainable future, it is crucial that they recognize theimportance of this invaluable resource and source it appropriately.

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.

ContactDetails

Brian Ostroff, President

brian.ostroff@arianne-inc.com

CompanyWebsite

https://www.arianne-inc.com

Copyright (c) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: Dana Incorporated
Stock Symbol: DAN
Market: NYSE
Website: dana.com

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