First Phosphate Corp.: SERV, Swiss Export Risk Insurance, Supports Guarantee of USD 212.5 Million for Capex of First Phosphate Mine Project in Quebec, Canada
First Phosphate Corp. (PHOS) received a Letter of Support from Swiss Export Risk Insurance (SERV) for up to USD 212.5 million in financing for its igneous phosphate mine project in Quebec, Canada. The financing covers Swiss machinery, equipment, and construction services, with SERV potentially supporting up to 95% of the eligible financed amount. The project aims to establish a vertically integrated supply chain for LFP battery production in North America.


