Firebird Metals Ltd. (AU:FRB) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Firebird Metals Ltd. has announced the approval of the preliminary design for its battery-grade manganese sulphate plant in China, a critical step towards obtaining a construction permit and advancing the project. The company’s subsidiary, Hunan Firebird Battery Technology Co., Ltd., has swiftly secured necessary permits, completed 80% of construction permit requirements, and begun geotechnical drilling for the plant, which promises to enhance long-term value for stakeholders. This achievement highlights Firebird’s commitment to its low-cost, rapid development strategy for battery materials production.
For further insights into AU:FRB stock, check out TipRanks’ Stock Analysis page.
