KAP Minerals

What KAP Minerals does

KAP Minerals Inc. is a privately held Canadian critical minerals company founded in 2024 and headquartered in Kamloops, British Columbia, with its flagship project at the former Agrium phosphate mine near Kapuskasing, Ontario. The company redevelops this brownfield carbonatite-phosphate complex — described as North America's only available Carbonatite-Phosphate Complex — into a multi-product platform producing KAP-Phos igneous rock phosphate fertilizer (>18-20% phosphate content, ultra-low cadmium, NOP/COR organic certified), Value-Added Phosphate Blends (with humates, sulfur, gypsum, biostimulants), and critical mineral concentrates (REEs, scandium, niobium, tantalum) recovered from approximately 14.5 million metric tons of existing tailings and 15 million tonnes of previously mined surface material.

The core technology centers on mining and processing igneous carbonatite deposits. Production is targeted at 70,000-100,000 tonnes per year initially, scaling to approximately 450,000 t/y. Resource estimates include over 50 million MT of high-grade phosphate reserves across two zones, ~100,000 tonnes of REEs (including neodymium, praseodymium, dysprosium, terbium), and 1,500 tonnes of scandium — a quantity significant given global annual scandium production is only 30-35 tonnes. Composting research shows 53.2% average solubilization of the igneous rock phosphate, with up to 74.4% achievable in specific composting conditions with liquid manure.

KAP Minerals operates a B2B enterprise sales model targeting agricultural producers (conventional, regenerative, organic), clean energy companies (wind turbines, EVs), defense contractors, and advanced manufacturing firms. Distribution is conducted directly in North America for agricultural products and through a strategic partnership with Hanwa Co., Ltd. of Japan (signed May 2026) for international offtake of phosphate and REE concentrates into battery, automotive, magnet, and defense supply chains. Pricing is quote-based and not publicly disclosed. A planned Phase 2 expansion includes Purified Phosphoric Acid production in Ontario in collaboration with Hanwa. The company is led by CEO Geoff Hampson and operates with 1-10 employees.

Name

KAP Minerals

Legal name

KAP Minerals Inc.

Website

https://kapminerals.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

KAP Minerals is a Canadian critical minerals company producing KAP-Phos igneous rock phosphate fertilizer and rare earth element concentrates from a redeveloped Ontario carbonatite mine, supplying agricultural producers, clean energy, defense, and advanced manufacturing sectors globally via Hanwa partnership.

Ownership category

akta.pro rank

Product category

Phosphate Mining & Critical Minerals Production

NAICS

Phosphatic Fertilizer Manufacturing (325312), Nonmetallic Mineral Mining and Quarrying (2123), Other Nonmetallic Mineral Mining and Quarrying (212390)

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Industrial Inorganic Chemicals (2810)

akta.pro industry

PRIMARYIMAKAGAA

Phosphate Rock Mining

Industrials, Manufacturing & Construction/Metals & Mining/Industrial Minerals Mining (Phosphate, Potash, Sulfur, Borates, Barite, Talc)

SECONDARYAFABABAH

Fertilizer Raw Materials & Intermediates (Phosphate Rock, Sulfuric/Phosphoric Acid, Potash Ore/Brines)

Agriculture & Food Production/Agricultural Inputs & Agrochemicals/Fertilizers (Nitrogen, Phosphate, Potash)

SECONDARYAFABAKAF

Mineral Soil Amendments (Lime, Gypsum, Rock Phosphate, Sulfur, Trace Minerals)

Agriculture & Food Production/Agricultural Inputs & Agrochemicals/Organic & Regenerative Inputs (OMRI Inputs, Compost, Natural Pest Control)

SECONDARYAFABACAH

Specialty Phosphorus Products (Low-Salt, High-Availability P, Polyphosphates)

Agriculture & Food Production/Agricultural Inputs & Agrochemicals/Specialty Fertilizers (Controlled-Release, Water-Soluble, Foliar)

Keywords

• Rock phosphate fertilizer
• Critical minerals extraction
• Rare earth elements
• Igneous apatite mining
• Agricultural soil amendments

Headquarters

HQ city

Kapuskasing

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Rock Phosphate Sales: Sale of KAP-Phos rock phosphate fertilizer products in powder and granular forms for agricultural use. Products are sold in bulk and bulk bags with pickup or delivery options. Revenue is generated through direct product sales to agricultural producers, distributors, and retailers.
2. Critical Minerals Concentrates: Sale of phosphate, rare earth element concentrates, scandium, titanium, niobium, and tantalum to industrial customers in defense, battery, automotive, and advanced manufacturing sectors. Offtake agreements with partners like Hanwa provide long-term purchase commitments.
3. Value-Added Phosphate Blends: Blended fertilizer products combining rock phosphate with complementary minerals, fertilizers, and soil amendments such as humates, sulfate of potash, elemental sulfur, gypsum, and biostimulants. Custom blending services available for specific soil and crop requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

KAP Minerals produces and supplies mineral products from the Kapuskasing phosphate deposit in Northern Ontario, including KAP-Phos igneous rock phosphate fertilizer (over 20% P2O5, ultra-low cadmium, NOP/COR organic certified), value-added phosphate blends, and critical mineral concentrates (rare earth elements, scandium, niobium, tantalum) recovered from existing tailings. The company redevelops the former Agrium phosphate mine and processes both newly mined material and approximately 15 million tonnes of previously milled surface material to serve agricultural producers and industrial/clean-energy/defense customers.

Product overview

KAP Minerals is a Canadian critical minerals company operating a multi-product processing platform at the Kapuskasing phosphate deposit in Northern Ontario (former Agrium mine site). The portfolio consists of three core product lines: KAP-Phos Rock Phosphate Fines (agricultural fertilizer with over 18% phosphate, calcium, iron and essential minerals, NOP/COR organic certified), Value Added Phosphate Blends (enhanced formulations with humates, sulfur, gypsum and biostimulants for improved nutrient uptake), and Critical Minerals & REE (rare earth elements, scandium, niobium and tantalum from tailings containing ~100,000 tonnes of REEs and 1,500 tonnes of scandium). The company also plans Phase 2 expansion to include Purified Phosphoric Acid production for battery and advanced manufacturing applications. The project leverages approximately 15 million tonnes of previously mined material at surface for accelerated production timelines.

Differentiator

Problem solved

Functional benefit

Brands

• KAP-Phos: High-grade igneous rock phosphate (apatite) product produced from the Kapuskasing phosphate deposit in Ontario, designed for agricultural soil enrichment and crop support.

Products and services

• KAP-Phos Rock Phosphate Fines

Quantifiable outcome

• Over 20% phosphate content with ultra-low cadmium levels meeting EU standards
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Hanwa Co., Ltd.coreStrategic or Co-development Partner · 12 May 2026Strategic partnership established between KAP Minerals and Hanwa Co., Ltd. of Japan focused on offtake supply and downstream critical minerals processing. Phase 1 involves Hanwa purchasing and distributing phosphate and REE concentrates from KAP's Kapuskasing project. Phase 2 includes collaboration to establish processing capacity in Ontario, including purified phosphoric acid production. The partnership supports Canada-Japan industrial cooperation and strengthens resilient allied supply chains for defense, battery, automotive, and advanced manufacturing sectors. The agreement was highlighted at the G7 Leaders' Summit in Évian-les-Bains, France.
• Critical Minerals Resilience and Production AlliancecoreStrategic or Co-development PartnerKAP Minerals' Kapuskasing project aligns with the Critical Minerals Resilience and Production Alliance objectives launched at the 2025 G7 Leaders' Summit in Kananaskis, Alberta. The project exemplifies the type of allied collaboration the Alliance was created to accelerate - combining near-term production timelines, established infrastructure, responsible development practices, and strategic international partnerships supporting long-term commercial deployment.

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• ICL Group Ltd. Specialty fertilizer and phosphate mineral producer with operations in Israel and Europe. Comparable as a producer of specialty phosphate products and phosphate-based industrial minerals, including low-cadmium premium grades targeting European markets.
• Lynas Rare Earths Ltd. Largest non-China producer of separated rare earth materials, with mining and processing operations in Australia and Malaysia. Comparable as a non-China REE/Sc critical mineral developer with government and downstream OEM partnerships similar to KAP's Hanwa relationship.
• The Mosaic Company: One of the world's largest phosphate rock miners and fertilizer producers. Comparable product mix (phosphate concentrates, MAP/DAP fertilizers) and similar end-markets in agricultural inputs, with overlap in critical mineral byproducts from Florida mining operations.
• MP Materials Corp. Owner of the Mountain Pass rare earth mine in California — the only scaled rare earth producer in the Western Hemisphere. Directly comparable as a North American critical minerals / REE developer positioning into the EV, wind turbine, and defense supply chains with similar geopolitical tailwinds.
• Arianne Phosphate Inc. Canadian developer of the Lac à Paul igneous rock phosphate deposit in Quebec. Closely comparable as a North American igneous rock phosphate junior developer targeting premium, low-cadmium phosphate markets with similar organic certification positioning.

Broad incumbents

• Yara International ASA: Global fertilizer giant with significant phosphate-based fertilizer products and a stated focus on sustainable and premium plant nutrition. Comparable as a downstream buyer/distributor of phosphate rock and producer of value-added blends.
• Nutrien Ltd. World's largest fertilizer producer and the operator that previously owned the Agrium phosphate assets. Directly comparable as a phosphate rock miner and fertilizer manufacturer, though it operates a vastly larger global portfolio of nitrogen, potash, and phosphate products.
• Solvay SA / Syensqo SA: Global specialty chemicals producer with a long-standing phosphoric acid and rare earth business. Comparable as a downstream processor and offtaker for phosphate rock and as an established REE/Sc separation specialist relevant to KAP's Phase 2 PPA ambitions.

Emerging players

• USA Rare Earth, LLC: U.S. developer of the Round Top heavy rare earth and critical minerals project in Texas. Comparable as a North American critical minerals junior targeting allied supply chains for REEs and technology metals, similar stage and policy alignment as KAP.
• Energy Fuels Inc. U.S.-based critical minerals and uranium producer that has been building out rare earth processing capability from monazite sands. Comparable as a North American emerging player in critical mineral byproducts with overlap in scandium and REE separation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kap-minerals-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KAP Minerals