First Phosphate, Groupe Goyette Ink Logistics MOU

Junior miner First Phosphate Corp., Saguenay, Quebec, on March 13 announced the signing of a Memorandum of Understanding (MOU) with Groupe Goyette (GG), Saint-Hyacinthe, Quebec, for the accommodation of the company’s logistical footprint at the Hebertville-Station Intermodal Facility in the Saguenay-Lac-Saint-Jean region of Quebec.

“This agreement is important to our future customers because it would create a rapid truck-to-rail on and off ramp between our mining and industrial facilities in Saguenay and the auto-industry heartland of North America,” said First Phosphate CEO John Passalacqua. “Our clients in the battery technology industry for electric vehicles and energy storage will be demanding and will require reliable, just-in-time transportation assurances.”

GG is to join the First Phosphate project team and begin to determine the best overall project-based logistics necessary to integrate the company’s product and supply flows with the intermodal facility. Fleet electrification and reduction of carbon footprint are key considerations in project development.