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The latest announcement is out from Firebird Metals Ltd. ( (AU:FRB) ).
Firebird Metals Ltd. has secured two Chinese patents for its proprietary LMFP material, advancing its manganese-rich cathode strategy. The company received an Expression of Interest from Taza Metal Technologies to purchase up to five kilns, potentially generating over US$10 million in revenue. A capital raising of A$6 million will support the establishment of a demonstration R&D center in Western Australia and accelerate the LMFP/HPMSM strategy. Leadership changes include the appointment of Ron Mitchell as CEO and Evan Cranston transitioning to Executive Chairman.
More about Firebird Metals Ltd.
Firebird Metals Limited is an Australian-owned company focused on the development of manganese-rich battery materials. The company specializes in lithium manganese iron phosphate (LMFP) and lithium-manganese-rich (LMR) cathode materials, targeting high-energy applications. Firebird is known for its vertically integrated approach from ore to cathode, with a market focus on both Chinese and Western markets.
Average Trading Volume: 488,999
Technical Sentiment Signal: Buy
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