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Firebird Metals Ltd. ( (AU:FRB) ) just unveiled an announcement.
Firebird Metals Limited has issued 13,733,332 ordinary shares without disclosure to investors, as per the Corporations Act, and confirms compliance with all relevant reporting obligations. This issuance is part of Firebird’s strategic efforts to strengthen its market position in the manganese technology sector, particularly in the EV and energy-storage markets, potentially impacting its operations and stakeholder interests positively.
More about Firebird Metals Ltd.
Firebird Metals Limited is an integrated manganese technology company focused on the electric vehicle (EV) and energy-storage markets. The company operates a state-of-the-art lab and research facility that showcases its full flow-sheet capability, transforming manganese ore into finished battery active cathode materials. Firebird leverages proprietary technologies to reduce costs and energy use, and is advancing its production of high-purity manganese sulphate and next-generation cathodes. The company holds significant manganese resources in Western Australia and maintains mining optionality through third-party suppliers.
Average Trading Volume: 317,952
Technical Sentiment Signal: Buy
Current Market Cap: A$26.61M
For an in-depth examination of FRB stock, go to TipRanks’ Overview page.