Firebird Metals Ltd. (AU:FRB) has released an update.
Macro Metals Ltd. has announced the acquisition of an 80% interest in three high-potential manganese projects in Western Australia from Firebird Metals Ltd. The deal includes a life of mine mining services contract for Macro’s new subsidiary, Macro Mining Services Pty Ltd, which will provide comprehensive mining services from development to shipping. Aimed at capitalizing on the growing manganese market, the acquisition is subject to due diligence and regulatory approvals, with a completion deadline of 30 September 2024.
For further insights into AU:FRB stock, check out TipRanks’ Stock Analysis page.