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An announcement from Firering Strategic Minerals Plc ( (GB:FRG) ) is now available.
Firering Strategic Minerals plc has announced its interim results, highlighting significant progress in its Limeco project in Zambia. The company has successfully commissioned its first gasifier with Kiln 1, achieving an output of 55 tonnes per day, and plans to refurbish additional kilns to increase production capacity. With a strong demand pipeline and recent commercial sales, Firering is well-positioned to become a key quicklime supplier in the region, reducing reliance on imports. The company also retains interests in critical mineral projects in Côte d’Ivoire, offering potential future value.
More about Firering Strategic Minerals Plc
Firering Strategic Minerals plc is an emerging company in the mining sector, primarily focused on quicklime production and critical mineral exploration. The company is actively working on scaling its Limeco project in Zambia to become a leading quicklime supplier, catering to the regional demand from industries such as copper and gold processing.
Average Trading Volume: 1,445,951
Technical Sentiment Signal: Sell
Current Market Cap: £5.62M
For a thorough assessment of FRG stock, go to TipRanks’ Stock Analysis page.