Firering ramps up Zambian lime output as lithium assets draw renewed interest

Firering Strategic Minerals Plc ( (GB:FRG) ) has provided an update.

Firering Strategic Minerals has reported accelerating operational momentum at its Limeco lime operation in Zambia, where cold commissioning of a second kiln has begun and a container of equipment for two additional kilns is now on site, paving the way for a step-change in production capacity. The company has built a 5,000-tonne inventory of finished product to support growing sales activity, is fast-tracking a high-purity calcium carbonate milling circuit expected onstream in the third quarter of 2026 to open a new revenue stream, and is seeing stronger commercial interest from a diversified customer base including a major international mining group in Zambia. In parallel, Firering’s fully unencumbered majority stakes in the Atex and Alliance lithium-tantalum projects in Côte d’Ivoire are attracting third-party interest amid improving lithium market conditions, reinforcing the strategic value of its portfolio and potentially broadening future monetisation or development options for shareholders.

More about Firering Strategic Minerals Plc

Firering Strategic Minerals plc is an emerging producer of quicklime and explorer of critical minerals, focused on ramping up output at its Limeco lime project in Zambia, where it holds a 30.7% interest with an option to increase to 45%. The company targets daily production of 600–800 tonnes of lime to supply copper producers in the Central African Copperbelt and gold producers in Zimbabwe, while also advancing the Atex and Alliance lithium-tantalum projects in Côte d’Ivoire that are leveraged to growing demand for clean energy technologies.

Average Trading Volume: 839,720

Technical Sentiment Signal: Sell

Current Market Cap: £4.29M

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