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Ostroff explained that the demand for phosphate has skyrocketed recently. Historically, phosphate has always been a key component in fertilizers but recently, phosphate has become an important raw material for lithium-iron phosphate batteries (LFPs). LFP batteries are becoming prominent in EVs (electric vehicles) as well as energy storage systems.
By the end of the decade, LFPs are projected to be the leading battery chemistry for EVs, replacing their cobalt and nickel-based lithium-ion predecessor. Companies like Tesla, Ford, Rivian and
With this growing demand comes a need for suppliers, specifically suppliers that meet industry standards and are regionally located. Ostroff explains that many industry leaders have analyzed recent inflation trends and chalked rising prices up to supply chain issues. Logistic concerns and the inability to maintain steady supplies of raw materials have hurt certain industries and the overall economy. Now more than ever, there is a desire for industries to have supplies close to home to ensure successful manufacturing.
Not only are North American companies looking for regional suppliers, but they are also demanding higher-quality phosphate to create the best products available.
What Sets Arianne Phosphate Apart From Competitors?
Arianne’s is a world-class mining site and is the single largest greenfield deposit of phosphate. One major edge Arianne has is the deposit is igneous which allows it to produce a concentrate higher than 90% of the world’s phosphate, which is housed in sedimentary rock. This allows Arianne to produce a high-purity and low-contaminant phosphate concentrate ideal for use in batteries and fertilizer.
But beyond quality phosphate, Arianne also boasts strong community support and adheres to stricter environmental, social and corporate standards. For North American companies that want their suppliers to align with their agendas, Arianne is a perfect partner.
Hydroelectricity — a clean, green, renewable energy source — will provide 75% of all energy required for the Lac à Paul project. Arianne also has followed a greenhouse gas emissions accounting program since 2010 to help reduce its ecological footprint. The company is committed to being as carbon-neutral as possible.
Arianne has also worked with native communities to foster a prosperous relationship. On
Paul project, with ongoing negotiations to conclude its impact and benefits agreement. The company says it is determined to adhere to best practices and maintain its strong social license among the population to operate. The
Ostroff also shared that the company has added some highly qualified industry leaders to their company. One notable example is
This article was originally published onBenzinga.
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Contact Details
brian.ostroff@arianne-inc.com
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https://www.arianne-inc.com
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