Core Insights - Fox River Resources Corporation has successfully produced purified phosphoric acid (PPA), essential for the lithium-iron-phosphate (LFP) battery supply chain [1][2] - The company has completed testwork to identify necessary operations for upgrading merchant grade acid to PPA, paving the way for a dedicated production facility [2] - The PPA facility is planned to be integrated within a phosphate fertilizer complex, which will optimize byproduct recovery [2][4] Company Overview - Fox River Resources holds a 100% interest in the Martison Phosphate Project located near Hearst, Ontario, which is designed as a vertically integrated operation [6] - The project is based on a high-grade igneous phosphate deposit, aimed at providing secure domestic supplies of phosphate fertilizers and PPA for the LFP battery industry [6] - The Anomaly A deposit has a positive preliminary economic assessment effective as of April 21, 2022 [6] Market Strategy - The company intends to supply its PPA to prospective LFP battery manufacturers for initial evaluation and testing [3] - CEO Stephen Case highlighted the successful PPA production as a demonstration of Martison's versatility and an expansion of market opportunities [4]

Core Insights - Fox River Resources Corporation has successfully produced purified phosphoric acid (PPA), essential for the lithium-iron-phosphate (LFP) battery supply chain [1][2] - The company has completed testwork to identify necessary operations for upgrading merchant grade acid to PPA, paving the way for a dedicated production facility [2] - The PPA facility is planned to be integrated within a phosphate fertilizer complex, which will optimize byproduct recovery [2][4] Company Overview - Fox River Resources holds a 100% interest in the Martison Phosphate Project located near Hearst, Ontario, which is designed as a vertically integrated operation [6] - The Martison project features a high-grade igneous phosphate deposit, aimed at providing secure domestic supplies of both phosphate fertilizers and PPA for the LFP battery industry [6] - The project's Anomaly A deposit has a positive preliminary economic assessment effective as of April 21, 2022 [6] Market Implications - The successful production of PPA expands market opportunities for Fox River, particularly in supporting the growing LFP battery market [4] - The company intends to supply PPA to prospective LFP battery manufacturers for evaluation and testing [3] Technical Validation - The scientific and technical information disclosed has been reviewed and approved by a qualified chemical engineer, ensuring the credibility of the data [5]

Group 1: Partnership and Goals - The partnership between Travertine and Arianne is aimed at building a new circular economy for phosphate production at scale [1][2] - The collaboration will utilize Arianne's high-quality igneous apatite rock from the Lac à Paul mine as feedstock for Travertine's Project Greystone [1][2] Group 2: Production and Technology - Travertine's phosphate process converts rock phosphate ore into PPA using recycled sulfuric acid, eliminating phosphogypsum waste and producing carbon-neutral or carbon-negative materials for cements [1][4] - The company aims to establish a cleaner production standard for phosphoric acid through its gypsum-free, solvent-free process [4] Group 3: Market Context and Supply Chain - Canada currently imports 100% of its phosphate requirements, which are critical for food production and LFP batteries [3] - The partnership aims to develop an all-North American supply chain through offtake partnerships with LFP CAM, battery, and auto OEMs, while progressively reducing production costs [3] Group 4: Company Profiles - Travertine was founded in 2022 to address waste issues in the mining industry by producing vital elements without generating significant waste [4] - Arianne Phosphate is developing the Lac à Paul phosphate deposits, which will yield a high-quality igneous apatite concentrate with 39% P2O5 and minimal contaminants [5]

Core Points - The Ontario government has awarded Fox River Resources Corporation funding of up to CAD$218,500 through the Critical Minerals Innovation Fund for the Martison project [1][2] - The funding will be utilized for process test work to convert merchant grade phosphoric acid into purified phosphoric acid for the LFP battery supply chain [1][2] - The Martison project is described as a high-grade, large-scale igneous phosphate deposit that can provide a secure domestic supply of phosphate fertilizers and purified phosphoric acid [2] Company Information - Fox River owns a 100% interest in the Martison Phosphate Project, located near Hearst, Ontario, which hosts the Anomaly A deposit [4] - A positive preliminary economic assessment for the Martison project was effective as of April 21, 2022 [4] - The technical disclosure in the news release has been approved by Mr. Tim Horner, a qualified geologist [3]