Source: (Prud’Homme, 2010, de Schroder et. al., 2010)
The phosphoric acid market is expected to grow at a CAGR of 4.79%, reaching a market size of US$64.214 billion in 2030 from US$53.257 billion in 2025.
Source https://www.researchandmarkets.com/


Only Igneous Phosphate rock can meet the full ESG rigours of the LFP battery industry.
Gypsum produced is non-radioactive and it can be recycled into the circular economy into the agriculture, cement or construction industry.
Moreover, up to 90% of igneous rock feedstock can be converted to LFP grade purified phosphoric acid.


The current method of producing phosphoric acid creates large gypsum slag piles with remaining radioactivity. This is not consistent with ESG requirements around LFP grade purified phosphoric acid. Such practice is, in fact, no longer supported in Europe.
Moreover, only a small percentage of sedimentary rock feedstock can be converted to LFP grade purified phosphoric acid at reasonable cost and without ESG incompatible residual waste issues.
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