
First Phosphate secures federal backing for infrastructure development at Quebec phosphate project
Proactive Investors
Published: Aug 05, 2026, 03:22 PM
Mining Written by: Emily Jarvie 11:17 Wed 05 Aug 2026 --> Proactive has a commercial relationship with First Phosphate Corp.. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The Canberra Times, and... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. First Phosphate Corp. ( CSE:PHOS OTCQX:FRSPF OTC:FPHOY ) View Price & Profile First Phosphate secures federal backing for infrastructure development at Quebec phosphate project Published: 11:17 05 Aug 2026 EDT First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY) announced that it has finalized agreements for $4.84 million in non-repayable funding from the Government of Canada through Natural Resources Canada’s First and Last Mile Fund to support infrastructure development for its Bégin-Lamarche phosphate deposit in Quebec. The funding includes approximately $3.07 million for a study focused on clean energy infrastructure, including the site selection, connection corridors, feasibility work and design of a 161-kilovolt transmission line and substations in the Saguenay-Lac-Saint-Jean region. The project will also include technical, cost, environmental and consultation work. A further $1.77 million will support preparatory work for a new access road and studies to identify options for upgrading bypass roads connecting the proposed mine with regional infrastructure, including rail links and the Port of Saguenay. The agreements build on $16.7 million in funding made available by NRCan in March 2026 through the Global Partnerships Initiative for development of the Bégin-Lamarche deposit. First Phosphate said that the infrastructure projects are intended to address clean energy and transportation gaps in the region and support the development of critical mineral production. Eligible activities covered by the contributions are planned through 2030. "This support from the Government of Canada for First Phosphate sends a strong message to our investors and partners in Quebec, Canada, and internationally," First Phosphate president Armand MacKenzie said. "It reinforces confidence in our ability to carry out this strategic mining project and deliver our high-purity igneous phosphate to the market on schedule." Tim Hodgson, Minister of Energy and Natural Resources, highlighted the role of infrastructure investment in connecting Canada’s resources with global markets while supporting jobs and strengthening supply chains. “Investments like these help unlock our full potential by connecting projects to the infrastructure they need to move forward - creating jobs, strengthening supply chains and delivering lasting prosperity for Quebec and Canada,” Hodgson said. Continue reading
Source: Proactive Investors
This content is not intended as investment advice or a recommendation. Any opinions expressed are solely the personal views of each article.