Firebird Metals Ltd. (AU:FRB) has released an update.
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Firebird Metals Ltd. has announced promising results from its feasibility study for a new Battery Grade Manganese Sulphate plant in China, projecting a low OPEX and a significant cost advantage due to local reagents and inputs. The company is poised to become a competitive producer in the battery materials market, with financing agreements and a critical safety permit already in place, and plans to commence construction after final investment decisions. Additionally, Firebird Metals has signed an agreement with Sunward for a pilot plant and a potential royalty revenue stream.
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