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Firering lifts Limeco output as Kiln 2 performance strengthens

Story Highlights
  • Firering has increased Kiln 2 output at its Zambian Limeco project to over 70 tonnes per day, reflecting steady post-commissioning optimisation.
  • The stronger Kiln 2 performance sets a benchmark for Limeco’s remaining kilns and supports Firering’s goal of becoming a leading regional lime supplier.
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Firering lifts Limeco output as Kiln 2 performance strengthens

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Firering Strategic Minerals Plc ( (GB:FRG) ) has issued an announcement.

Firering Strategic Minerals reported further operational progress at its Limeco lime operation in Zambia, where Kiln 2 discharge has increased to more than 70 tonnes per day from over 60 tonnes per day two weeks earlier. The improvement follows the hot commissioning of Kiln 2 in February and reflects ongoing process optimisation during an expected three-month ramp-up period.

Management said Kiln 2’s performance is establishing a clear benchmark for the project’s remaining six kilns and bolstering confidence in bringing additional capacity online efficiently. Once fully optimised, Limeco is expected to rank among the largest lime producers in the region, potentially strengthening Firering’s position as a key supplier to mining, agricultural and industrial customers and supporting its broader growth strategy in African industrial minerals.

More about Firering Strategic Minerals Plc

Firering Strategic Minerals plc is an Africa-focused producer and developer of industrial and critical minerals. The company’s near-term priority is ramping up production at its Limeco quicklime and hydrated lime project in Zambia, where it holds a 36.2% stake with an option to increase to 45%, targeting mining, agricultural and industrial customers across the region.

Average Trading Volume: 1,996,244

Technical Sentiment Signal: Sell

Current Market Cap: £4.79M

For an in-depth examination of FRG stock, go to TipRanks’ Overview page.

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