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An update from Firebird Metals Ltd. ( (AU:FRB) ) is now available.
Firebird Metals Limited announced significant progress in its Chinese LMFP battery strategy with the approval of the preliminary design for a high-purity manganese sulphate plant in Hunan, China. This milestone, achieved within a year, highlights the company’s efficient planning and commitment to energy savings with its advanced kiln technology. Additionally, Firebird has formed a strategic collaboration with Central South University to develop Lithium Manganese Iron Phosphate for cathode materials, with initial results expected soon. The company also signed an important agreement with the Karlka Nyiyaparli Aboriginal Corporation, covering future development at the Oakover project, aligning with its long-term strategy to supply its manganese sulphate plants.
More about Firebird Metals Ltd.
Firebird Metals Limited, listed on the ASX as FRB, operates in the mining and battery materials industry. The company focuses on developing battery-grade manganese sulphate plants and has strategic interests in manganese assets, aiming to cater to the growing demand for battery materials.
YTD Price Performance: -1.00%
Average Trading Volume: 71,337
Technical Sentiment Consensus Rating: Buy
Learn more about FRB stock on TipRanks’ Stock Analysis page.