Northwire Canada EditionWednesday, July 29, 2026
Northwire
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Production / Operations

Fox River produces phosphoric acid from Martison

FOX · Price

Executive Summary

  • Fox River Resources Corp. successfully produced purified phosphoric acid (PPA) from its Martison Project, marking a significant technical milestone for the lithium-iron-phosphate (LFP) battery supply chain.
  • The company completed testwork identifying all necessary unit operations to upgrade merchant-grade acid to PPA, laying the groundwork for a dedicated production facility.
  • The proprietary technology and testing were provided by JESA Technologies LLC, confirming the suitability of Martison concentrate for PPA production.

Key Details

  • Product Produced: Purified Phosphoric Acid (PPA), a crucial component for the lithium-iron-phosphate (LFP) battery supply chain.
  • Source Material: Martison phosphate concentrate.
  • Technology Partner: JESA Technologies LLC provided the proprietary technology and testing.
  • Technical Validation: Testwork identified all necessary unit operations required to upgrade merchant-grade acid to PPA.
  • Facility Vision: The envisioned PPA facility is designed for integration within a phosphate fertilizer complex, recovering byproducts rich in P2O5 through adjustments in product mix and feed compositions.
  • Commercial Intent: Fox River intends to supply PPA to prospective LFP battery manufacturers for initial evaluation and testing.
  • Strategic Context: The project aims to secure a reliable, domestic phosphate fertilizer supply for Canadian farmers while supporting the growing LFP battery market.
  • Regulatory Verification: Scientific and technical disclosure was reviewed and approved by James Byrd, a chemical engineer and qualified person under National Instrument 43-101.
  • Project Background: Fox River holds a 100% interest in the Martison phosphate project near Hearst, Ontario. The project features a high-grade, large-scale igneous phosphate deposit.
  • Economic Assessment: The project's Anomaly A deposit underpins a positive preliminary economic assessment with an effective date of April 21, 2022.

Notable Quotes

  • "Our successful PPA production demonstrates Martison's versatility and expands the potential market opportunities for the project. It also underpins our commitment to securing a reliable, domestic phosphate fertilizer supply for Canadian farmers while supporting the growing LFP battery market." — Stephen Case, Chief Executive Officer
Read the original news release →

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