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Firebird Metals Poised for Manganese Market Growth
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Firebird Metals Poised for Manganese Market Growth

Firebird Metals Ltd. (AU:FRB) has released an update.

Firebird Metals Ltd. announces promising results from its feasibility study for a high-purity manganese project in China, aiming to become a low-cost producer amid a growing market for Lithium Manganese Iron Phosphate (LMFP) batteries. The study highlights significant cost and operational advantages, including a projected low operating expense and the potential for increased energy density in batteries. Firebird is advancing discussions with Chinese banks for financing, with further updates and a final investment decision expected later in 2024.

For further insights into AU:FRB stock, check out TipRanks’ Stock Analysis page.

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