First Phosphate and Pekuakamiulnuatsh First Nations Sign Collaboration Agreement

In a significant move, First Phosphate Corp has announced the signing of a collaboration agreement with the Pekuakamiulnuatsh First Nations regarding its proposed phosphate mine and Lithium Iron Phosphate cathode active material plant project in the Saguenay-Lac-Saint-Jean Region of Quebec, Canada.

The agreement, signed by First Phosphate CEO John Passalacqua and Vice President of Government Relations Armand Mackenzie, along with representatives from the Pekuakamiulnuatsh Takuhikan, sets out guidelines for various aspects of the project. This includes employment opportunities, business horizons, environmental protection across the Nitassinan or ancestral lands, harmonization of exploration work with the members of the First Nation who occupy the Nitassinan, and the supervision of future work.

According to the press release, future access to the industrial park at Mashteuiatsh for project development and financial participation in the project by the First Nation are also under consideration. The First Nation has also committed to collaborating with First Phosphate in establishing rare igneous phosphate as a critical and strategic mineral at the Canadian federal levels of government.

This collaboration agreement is a significant step forward in the development of First Phosphate’s project, as it demonstrates the company’s commitment to working closely with the local First Nations community. By establishing guidelines for employment, environmental protection, and other key aspects, the agreement aims to ensure that the project is carried out in a manner that respects the rights and interests of the Pekuakamiulnuatsh First Nations.

The announcement of this collaboration agreement comes as First Phosphate continues to advance its plans for the phosphate mine and Lithium Iron Phosphate cathode active material plant. The company’s efforts to establish rare igneous phosphate as a critical and strategic mineral at the federal level are also noteworthy, as they could have far-reaching implications for the industry and the Canadian economy.