Northwire Canada EditionWednesday, July 29, 2026
Sign inSubscribe
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 Resources Produces Purified Phosphoric Acid from Martison Project, Boosting Canada's Battery Materials Supply Chain

By The Northwire Desk — AI Analysis Nov 12, 2025 · 07:30 FOX · 0.485 Fox River Resources Corporation
FOX · Price

Executive Summary

  • Fox River Resources successfully completed testwork demonstrating the ability to produce purified phosphoric acid (PPA) from Martison concentrate, a key feedstock for LFP battery manufacturing.
  • The proprietary process, validated by JESA Technologies LLC and reviewed by Qualified Person James Byrd, confirms all unit operations required for commercial‑scale PPA production, paving the way for a dedicated PPA facility integrated within a phosphate fertilizer complex.
  • The company plans to supply the newly produced PPA to LFP battery manufacturers for evaluation, expanding its market opportunity beyond fertilizers and supporting domestic critical mineral supply chains.

Key Details

  • Testwork confirmed that Martison concentrate can be upgraded to purified phosphoric acid suitable for LFP batteries.
  • All necessary unit operations (e.g., concentration, purification, by‑product recovery) were identified and validated during the trial.
  • Technology and testing were provided by JESA Technologies LLC.
  • The envisioned PPA facility will be co‑located with a phosphate fertilizer complex, allowing recovery of P₂O₅‑rich by‑products through feed‑mix adjustments.
  • Fox River intends to offer its PPA to LFP battery manufacturers for initial evaluation and testing.
  • Qualified Person James Byrd (chemical engineer) reviewed and approved the technical disclosure in accordance with NI 43‑101 standards.
  • CEO Stephen Case highlighted the milestone’s significance for domestic fertilizer security, critical mineral supply, and growth of the Canadian LFP battery market.

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, President & CEO, Fox River Resources

Materiality Assessment: Material – Positive (the announcement reveals a new, commercially relevant product line that could materially affect future revenues and strategic positioning).

Read the original news release →

More from Fox River Resources Corporation

Jul 01, 2026 · 07:00

Deal-priced at $1.10; procedural share issuance to CLFN marks final step before Avenir Minerals acquisition closes.

M&A / Property Jun 24, 2026 · 18:00

Court clears $1.10 cash acquisition by Avenir Minerals; deal certainty achieved, closing imminent.

M&A / Property Jun 23, 2026 · 13:15

Fox River Shareholders Back $1.10 Cash Takeover by Avenir, Clearing Path for July Closing

M&A / Property Jun 17, 2026 · 07:30

Fox River Resources Nears $1.10 Cash Takeover by Avenir Minerals as Martison Phosphate Deal Clears Final Procedural Hurdles

M&A / Property Jun 12, 2026 · 16:30

Martison Phosphate Project acquisition by Avenir Minerals nears shareholder vote, locking in ~20% premium.

M&A / Property May 20, 2026 · 16:15

Fox River secures court green light for shareholder vote on Avenir takeover, keeping C$94.3M all-cash deal on track.

M&A / Property