The Port of Saguenay becomes a partner of the new mining player First Phosphate

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The Port of Saguenay becomes a partner of the new mining player First Phosphate

Port of Saguenay facilities

The new mining company First Phosphate, which holds exploitation rights over 1,500 square kilometers north of Saguenay , will be able to transport the ore it extracts through the port of Grande-Anse.

The port authority has just signed a memorandum of understanding that will provide access to maritime transport for this company so that it can enter the global market for electric car batteries.

The company must first determine the quality of the phosphate it has discovered on land located near Lac à l'Orignal, north of Saint-David-de-Falardeau. Results are expected this fall.

If the tests are conclusive, First Phosphate intends to ship its ore by truck to the port.

How much per day? It depends. We will be able to offer an estimate over the next few months, replied company president Peter Kent.

The phosphate will then be shipped by ship directly into the chain. supplying major battery and electric vehicle producers in North America.

Peter Kent assures us that maritime traffic should not increase for all that in the Saguenay River.

We hope not, because the boats that currently arrive in port for Rio Tinto leave empty. We hope that we can manage and fill the empty boats with phosphate concentrate, he says.

This maritime transport sharing plan is already envisaged for a another mining project, that of Arianne Phosphate, located in Lac-à-Paul, which has already received environmental approvals.

Arianne Phosphate already announced to the Bureau d'audiences publiques sur l'environnement (BAPE) in 2017 its intention to use Rio Tinto boats.

However, this mining company will need 60 boats per year to ship its concentrate, while 120 Rio Tinto ships dock at the port of La Baie each year.

First Phosphate wants to secure its back by signing a memorandum of understanding with the Port of Saguenay while aligning itself with the electoral commitment of the Premier of Quebec, François Legault, to invest $117.2 million in it. dollars.

Our deepwater marine facilities, terminal and adjacent port industrial area provide companies like First Phosphate with direct access to international markets as well as a committed partnership in protection of the environment and in sustainable development, commented the President and CEO of the Port of Saguenay, Carl Laberge.

The partnership also provides for the provision of virgin land near the port, which would allow First Phosphate to build a long-term refining plant.

This step, however, is planned for later in the six-phase planning of the company.

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