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ARIANNE PHOSPHATE RECEIVES POSITIVE RESULTS FROM TESTS SURROUNDING THE USE OF ITS CONCENTRATE IN ADVANCED BATTERY APPLICATONS
ARIANNE PHOSPHATE RECEIVES POSITIVE RESULTS FROM TESTS SURROUNDING THE USE OF ITS CONCENT...
About this update from Arianne Phosphate Inc.
[{"type":"text","content":"\n \n \n \n ARIANNE PHOSPHATE RECEIVES POSITIVE RESULTS FROM TESTS SURROUNDING THE USE OF ITS CONCENTRATE IN ADVANCED BATTERY APPLICATONS\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n -successful results will allow the Company to target markets beyond fertilizer\n \n \n \n \n DAN: TSX-V (\n \n Canada\n \n )\n \n \n \n JE9N: FSE (\n \n Germany\n \n )\n \n \n \n DRRSF: OTC (\n \n USA\n \n )\n \n \n \n SAGUENAY,\n \n QUEBEC\n \n ,\n \n June 21, 2022\n \n /CNW/ -\n \n Arianne Phosphate (the \"Company\" or \"Arianne\")\n \n (TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing its Lac à Paul project in\n \n Quebec's\n \n Saguenay-Lac-Saint-Jean region, is pleased to announce that it has received positive results from tests that confirm its high-purity phosphate concentrate can be used in the production of technical grade phosphoric acid used in the production of batteries. These tests were designed to confirm that Arianne meets specifications provided by a producer of lithium-based batteries (\n \n see Press Release dated\n \n November 3, 2021\n \n \n ) and performed through an independent facility specializing in the production of purified phosphoric acid.\n \n \n The lithium-iron-phosphate battery (\"LFP\") has emerged as a leading technology in batteries.  Many automotive companies such as Tesla, Volkswagen, Ford and GM are currently, or have already announced plans to use LFPs in their cars, following that of many Chinese companies.  As well, beyond the automotive market, many industry analysts view the LFP battery as playing a key role in the energy storage market, a market that could exceed automotive demands and continue to drive demand for these battery materials such as phosphate.\n \n \n \"Given the nature and high-purity of our phosphate concentrate, we were always confident that our rock would perform,\" said\n \n Brian Ostroff\n \n , President of Arianne Phosphate.  \"These tests demonstrate the high quality of our prod...