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BGF Initiates Quebec Phosphate for the Progress of Its Phosphate Projects for LFP Batteries
Montreal, Quebec--(Newsfile Corp. - June 16, 2023) - Beauce Gold Fields  (TSXV: BGF) ...
About this update from Beauce Gold Fields, Inc.
[{"type":"text","content":"BGF Initiates Quebec Phosphate for the Progress of Its Phosphate Projects for LFP BatteriesMontreal, Quebec--(Newsfile Corp. - June 16, 2023) - Beauce Gold Fields (TSXV: BGF) (Champs D'Or en Beauce), (\"BGF\" or the \"Company\") is pleased to announce it will use the Quebec Phosphate banner to promote and advance its 21 prospective phosphates (P2O5) properties throughout Quebec and for the evaluation of new technologies for phosphoric acid production. Phosphate is used in agriculture and is a critical component in producing lithium iron phosphate (LFP) batteries, which are increasingly used in electric vehicles.Patrick Levasseur, President and CEO of Beauce Gold Fields, said, \"Under the Quebec Phosphate banner, we will explore our new phosphate properties and seek innovative technologies to process our phosphate rock for the production of phosphoric acid for LFP batteries.\"Quebec Phosphate LogoTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6198/170270_01649b95a47a1b59_001full.jpgQuebec Phosphate's Objectives:Research and development for new innovations to improve legacy thermal processes of phosphoric acid productionNew innovations have the potential to significantly improve the polluting legacy thermal processes involved in phosphoric acid production. Traditionally, these actual processes generate large amounts of greenhouse gases, consume substantial energy, and produce harmful byproducts. However, advancements in technology such as plasma reactors and closed-loop systems, offer promising solutions to mitigate these environmental concerns.The Company plans to take full advantage of the Quebec's government support and many attractive tax credits and incentives for battery related initiatives to seek new technologies that could be an added value to any future phosphate rock deposits.Explore its highly prospective properties in Quebec for new phosphate depositsThe Company recently announced (BGF press release May 4, 2023) that it has acquired through map staking, 21 phosphate projects that are strategically located and are geologically prospective. The properties were staked throughout southern Quebec and comprised 300 claims totaling 19,935 hectares that are 100% owned and royalty-free. The Company's selection criteria were to stake properties that held historical phos...