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By Faith Ashmore, Benzinga
Ford Motors (NYSE: F) justannounced that it will be introducing a lithium iron phosphate(LFP) battery in the Mustang Mach-E models later this year with plansto introduce LFPs into the F-150 Lighting next year. Ford is joining agrowing number of carmakers that are transitioning away from nickeland cobalt-based lithium-ion batteries in favor of LFP’schemistries.
Bythe end of the decade, LFPs are projected to be the leadingbattery chemistry for EVs , replacing their cobalt andnickel-based lithium-ion predecessor. Companies like Tesla, Rivian,and Volkswagen are among the companies that have decided to makethe switch to LFP batteries for all of their standard-range vehiclesin North America .
LFPs are less expensive battery compositions with alower energy density that is ideal for short-range models. LFPs havealso been shown to have a higher tolerance for faster and morefrequent charging, as well as being able to hold a full charge forlonger. All of this translates to cheaper and better EVs.
In order to succeed in the transition toLFPs, Ford announced they are planning to invest$3.5 billion to construct an LFP battery plant in the US ; thiswill be the first automaker-backed LFP plant and it is expected to becompleted in 2026. This development is great for the environment butit begs the question, does Ford and other North American carmakershave the necessary raw materials to control the supplychain?
How Arianne Phosphate Could Be Redefining North AmericanPhosphate Supply
Arianne Phosphate Inc. (OTCMKTS: DRRSF) is a phosphatemining company that says it is poised to help meet the growing demandfor phosphate used in batteries, and it could be poised to become akey supplier. The company’s Lac à Paul project is a response to thegrowing global demand for phosphate. The Lac à Paul project is afully permitted, shovel-ready project.
In the coming decades, the electricvehicle (EV) market is set to explode and companies like Fordseem keen to meet demand. However, the US government is eager todevelop projects that will decrease reliance on internationalcountries for raw materials as it may present potential nationalsecurity threats.
TheUS recently announced that Canadian countries qualify underthe 1950 Defense Production Act (DPA). This means that an investmentin Canada by the Department of Defense will legally be the same as aninvestment domestically, opening a lot of doors in Canada. Companieslike Arianne Phosphate Inc. might be the type of targets the USmilitary is looking at. Arianne Phosphate is among the few in NorthAmerica that can respond to the growing demand for phosphate.
Arianne’s is aworld-class mining site and is the single largest greenfield depositof phosphate. One major edge Arianne has is the deposit is igneouswhich allows it to produce a concentrate higher than 90% of theworld’s phosphate, which is housed in sedimentary rock. This allowsArianne to produce a high-purity and low-contaminant phosphateconcentrate ideal for use in batteries and fertilizer.
Arianne also boastsstrong community support and adheres to stricter environmental, socialand corporate standards. For North American companies that want theirsuppliers to align with their agendas, Arianne might be a perfectpartner. Companies like Ford that are building LFP battery plantsmight need strategic partnerships with suppliers like Arianne to keeptheir supply chain reliable and regionally supported.
Not to mention, Arianne recently shared that their high-purity phosphate concentratehas been tested and successfully confirmed to be used in advanced LFPbattery applications. As the EV market expands and evolves, itwill become increasingly important for carmakers to establishstrategic partnerships with safe, reliable, and high-quality miningcompanies.
This article wasoriginally published on Benzinga here .
ARIANNEPHOSPHATE 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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