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Firebird Metals Ltd. ( (AU:FRB) ) has issued an announcement.
Firebird Metals Limited has received an Expression of Interest from Taza Metal Technologies to purchase up to five of its energy-efficient kilns following successful testing on low-grade manganese ore. This potential deal, estimated to generate over US$10 million in revenue, marks Firebird’s first international commercial kiln deployment and highlights its leadership in sustainable manganese processing. The kilns will be manufactured by Zhongji Sunward, with Firebird retaining exclusive global marketing rights, supporting a cash-generative business model with an expected gross margin of 15%.
More about Firebird Metals Ltd.
Firebird Metals Limited is an Australian-owned company that specializes in engineering and processing solutions within the manganese industry. The company is known for its proprietary kiln technology, which offers superior energy efficiency compared to conventional rotary kilns.
Average Trading Volume: 242,084
Technical Sentiment Signal: Buy
See more insights into FRB stock on TipRanks’ Stock Analysis page.
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