Firebird Metals Ltd. (AU:FRB) has released an update.
Firebird Metals Ltd. has successfully completed the sale of an 80% interest in two key manganese projects to Macro Metals Ltd., with a commitment from Macro to invest a minimum of A$112,500 and complete at least 10 drill holes across the Wandanya and Disraeli projects within a year. This strategic move aligns with Firebird’s focus on manganese sulphate production for electric vehicle batteries and capitalizes on its strong position in the East Pilbara manganese province. Firebird retains its comprehensive suite of projects, including the flagship Oakover Project, as it continues to pursue growth and value for its shareholders.
For further insights into AU:FRB stock, check out TipRanks’ Stock Analysis page.
