Latest news with #phosphate
Yahoo
13-06-2025
- Health
- Yahoo
Officials warn residents to avoid coming into contact with mysterious foam in local waterways: 'Help protect you, your family and your pets'
The Michigan Department of Health and Human Services recently issued a warning regarding foam on the surface of the state's bodies of water, from the Great Lakes to small streams. Contact with contaminated foam could prove harmful to human health. In many cases, foam on water surfaces contains per- and polyfluoroalkyl substances, or PFAS — synthetic "forever chemicals" found in many common household items that linger in the environment without breaking down. Unchecked, PFAS can lead to myriad health concerns, from fertility issues to liver damage. Rising levels of contamination in Michigan's waters have given authorities cause for concern. Especially as summer approaches and people flock to cool off in lakes and rivers, the MDHHS has cautioned individuals to avoid contact with foam and rinse off in the case of a foam encounter. Beyond skin exposure, swallowing PFAS is of particular concern. "Foam can appear white, off-white, or brown and may have an earthy or fishy scent," 9&10 News reported. Research on the potential health consequences of PFAS exposure is only growing in conjunction with the number of PFAS-related lawsuits. According to the Environmental Protection Agency, PFAS have been linked to reproductive, developmental, hormonal, and immune issues as well as cancer. Even more alarming is the fact that PFAS are more prevalent than we might care to observe. Used in nonstick cookware, waterproof clothing, stain-resistant furniture, and more, PFAS leach from discarded items into landfills and, from there, make their way into our water supplies, increasing the risk of contamination. If you suspect you've been exposed to PFAS in your local water supply, authorities urge you to rinse off or bathe at the earliest opportunity, minimizing the duration of your exposure. "You can accidentally swallow PFAS, as well as bacteria, algae, viruses and other chemicals, if you do not rinse off or bathe after touching foam," MDHHS chief medical executive Natasha Bagdasarian said. "Rinsing off or bathing after water activities will help protect you, your family and your pets from harmful substances that may be in foam or water." Meanwhile, scientists and innovators are developing various PFAS cleanup technologies to help rid our waters of these toxins. One team of researchers at the University of Oxford recently experimented with phosphate salts as a means of breaking down PFAS. For your part, you can invest in PFAS-free alternatives to standard household items to ensure your safety. Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Malay Mail
10-06-2025
- Business
- Malay Mail
First Phosphate's White Paper on Securing North American Phosphate Supply for LFP Cathode Materials Receives "Met" Rating from Defense Industrial Base Consortium
First Phosphate's solution appears to be technically and economically viable and with Defense Production Act ("DPA") funding could become the first phosphate production facility strictly for LFP CAM in North America. The schedule/timeframe and cost rough order of magnitude ("ROM") are realistic and feasible as long as First Phosphate is able to secure the funding identified. DPA Title III funds are likely the most cost-effective, expedient, and practical alternative for the need. The domestic phosphate supply is primarily used for the food and fertilizer industries, and industry will likely not meet the needed capacity for the battery industry without DPA Title III assistance. DPA Title III funds are likely the most cost-effective, expedient, and practical alternative for the need. Phosphate, particularly for use in LFP CAM, is essential to national defense. Demand for LFP batteries is likely to continue to increase and having a domestic source greatly reduces dependency on China and their control over the LFP market. [email protected] 2 5 2 3 Saguenay, Quebec - Newsfile Corp. - June 10, 2025 - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") announces that its recent white paper submission to the United States Department of Defense ("DoD") Defense Industrial Base Consortium ("DIBC") for securing a North American phosphate supply of lithium iron phosphate ("LFP") cathode active materials ("CAM") received a "Met" rating. A "Met" rating, which does not indicate the white paper has been selected for award at this time, means that the white paper is eligible for award for 36 months if the DoD has a need for the solution and funding becomes DIBC's rationale for the "Met" assessment is as follows:The DIBC Other Transaction Authority (OTA) aims to accelerate the DoD's access to commercial solutions for defense requirements. The DIBC OTA vehicle is utilized by the Manufacturing Capability Expansion and Investment Prioritization (MCEIP) directorate of the DoD, which addresses defense supply chain issues, industrial workforce development, critical production sustainability, commercialization of R&D efforts, and the rapid scaling of emerging technologies to build a robust, resilient Defense Industrial Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company's vertically integrated approach connects sustainable phosphate mining in Quebec with North American battery supply chains, targeting the energy storage, data center, robotics, mobility, and defense sectors. First Phosphate's flagship Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean is one of North America's rare igneous phosphate resources, yielding high-purity phosphate with minimal KurtzChief Financial OfficerTel: +1 (416) 200-0657Investor Relations: [email protected] Media Relations: [email protected] Website: X: LinkedIn: The issuer is solely responsible for the content of this announcement. About First Phosphate Corp.
Yahoo
07-06-2025
- Business
- Yahoo
Why The Mosaic Company (MOS) Crashed On Friday
We recently published a list of . In this article, we are going to take a look at where The Mosaic Company (NYSE:MOS) stands against other Friday's worst-performing stocks. Shares of The Mosaic Company decreased by 4.40 percent on Friday to end at $34.80 apiece, a third straight day, as investors reacted negatively to lower production guidance for the second quarter and full year 2025. In a statement, The Mosaic Company (NYSE:MOS) said it now sees phosphate sales volumes for the second quarter of 2025 to be in the range of 1.5 million to 1.6 million tons, or lower than the 1.7 million to 1.9 million tons as targeted previously. A farmer tending to his crops in a field, with a fertiliser bag nearby. It also revised its production guidance for the full year period to 7 million to 7.3 million tons, lower than the 7.2 million to 7.6 million tons as expected previously. While its phosphate facility in New Wales was expected to increase over 20 percent in the current quarter, commissioning and ramp-up of the first of three new gypsum handling systems took longer than expected. The Mosaic Company (NYSE:MOS) said it now expects the second and third systems to be installed and commissioned by the end of June and early July. Additionally, it extended planned downtimes for its Riverview facility to eliminate bottlenecks, causing production to miss initial expectations. Its Louisiana facilities also discovered additional necessary repairs, resulting in extended outage periods and some lost production. Overall, MOS ranks 8th on our list of Friday's worst-performing stocks. While we acknowledge the potential of MOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
07-06-2025
- Business
- Yahoo
Why The Mosaic Company (MOS) Crashed On Friday
We recently published a list of . In this article, we are going to take a look at where The Mosaic Company (NYSE:MOS) stands against other Friday's worst-performing stocks. Shares of The Mosaic Company decreased by 4.40 percent on Friday to end at $34.80 apiece, a third straight day, as investors reacted negatively to lower production guidance for the second quarter and full year 2025. In a statement, The Mosaic Company (NYSE:MOS) said it now sees phosphate sales volumes for the second quarter of 2025 to be in the range of 1.5 million to 1.6 million tons, or lower than the 1.7 million to 1.9 million tons as targeted previously. A farmer tending to his crops in a field, with a fertiliser bag nearby. It also revised its production guidance for the full year period to 7 million to 7.3 million tons, lower than the 7.2 million to 7.6 million tons as expected previously. While its phosphate facility in New Wales was expected to increase over 20 percent in the current quarter, commissioning and ramp-up of the first of three new gypsum handling systems took longer than expected. The Mosaic Company (NYSE:MOS) said it now expects the second and third systems to be installed and commissioned by the end of June and early July. Additionally, it extended planned downtimes for its Riverview facility to eliminate bottlenecks, causing production to miss initial expectations. Its Louisiana facilities also discovered additional necessary repairs, resulting in extended outage periods and some lost production. Overall, MOS ranks 8th on our list of Friday's worst-performing stocks. While we acknowledge the potential of MOS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Malay Mail
03-06-2025
- Business
- Malay Mail
First Phosphate Closes Final Tranche of Oversubscribed Private Placement
[email protected] Saguenay, Quebec - Newsfile Corp. - June 2, 2025 - First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) ("" or the "") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement financing (the ""), as further described in the Company's news releases dated May 9, 2025 and May 28, part of both tranches of the Offering, the Company raised a total of $3,517,519 through the issuance of 7,275,309 Flow-Through Shares at a price of $0.35 for gross proceeds of $2,773,858, and 2,124,747 Hard Dollar Units at a price of $0.35, comprised of 2,124,747 Common Shares and 1,062,373 Warrants, for gross proceeds of $743, with this Offering, the Company has raised to date a total of approximately $23.8 million in 7 management-led non-brokered private-placement financings since June the final tranche of the Offering, the Company raised a total of $1,126,365 through the issuance of 2,883,429 Flow-Through Shares for gross proceeds of $1,009,200, and 334,757 Hard Dollar Units, comprised of 334,757 Common Shares and 167,378 Warrants, for gross proceeds of $117, total, in connection with the Offering, the Company paid $800 in cash finder's fees, issued 471,152 Compensation Shares and advisory shares at a price of $0.35 per common share, and issued 444,867 Compensation Warrants, exercisable at a price of $0.50 per common share of the Company, until December 31, 2025, subject to an Accelerated Expiry Date. All securities issued under the Offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws. The Company intends to use the proceeds from the Offering as disclosed in the Company's press release dated May 9, 2025. Capitalized terms used in this news release and not defined herein have the meanings given to them in the Company's news release dated May 9, news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that any further securities will be sold under Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company is committed to sustainable extraction and purification with a low anticipated carbon footprint. Its vertically integrated model connects phosphate mining directly into the supply chains of North American battery producers. First Phosphate's flagship project, the Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, contains rare igneous anorthosite rock that yields high-purity phosphate with minimal KurtzChief Financial OfficerTel: +1 (416) 200-0657Investor Relations: [email protected] Media Relations: [email protected] Website: X : LinkedIn: -30-THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES The issuer is solely responsible for the content of this announcement.
