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Firebird Metals Ltd. ( (AU:FRB) ) has provided an update.
Firebird Metals has secured an exclusive, global (ex-China) licence over five core LMFP cathode and precursor patents held by its wholly owned subsidiary Hunan Firebird Battery Technology, with the rights running through to 2045 on a no-fee basis. The agreement, formally recorded and approved by Chinese authorities including CNIPA and the Ministry of Commerce representative office in Changde, gives Firebird legal control and commercial management of the key LMFP intellectual property outside China, bolstering its competitive position and supporting plans for an Australian demonstration plant and broader downstream battery supply chain opportunities.
The most recent analyst rating on (AU:FRB) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on Firebird Metals Ltd. stock, see the AU:FRB Stock Forecast page.
More about Firebird Metals Ltd.
Firebird Metals Ltd. is an Australian-owned company focused on manganese-based battery materials, particularly lithium manganese iron phosphate (LMFP) cathode active materials and precursors for lithium-ion batteries. Through its wholly owned Chinese subsidiary, Hunan Firebird Battery Technology Co., the company is advancing proprietary LMFP manufacturing technology aimed at downstream battery supply chain applications, including an Australian demonstration plant.
Average Trading Volume: 488,261
Technical Sentiment Signal: Buy
Current Market Cap: A$52.88M
Learn more about FRB stock on TipRanks’ Stock Analysis page.