Mining Stock Education · Thursday, September 17, 2026
First Phosphate is targeting mine production by the tail end of 2029, following key milestones including a projected feasibility study in Q1 2027 and permitting by mid-to-late 2027. The company aims for a final investment decision by the end of 2027, with capital funding largely secured.
“So the feasibility study is projected for Q1 of 2027. That's, uh, no more than three, four months away from here. And then after that is permitting, which you're hoping for by the mid to early end of 2027. And then final investment decision will be at the end of 2027.”
“And then after that, we have to go into build out. And then we're hoping to have the mine in production, uh, somewhere near the tail end of 2029.”