Firering Expands Stake in Zambian Quicklime Project

Firering Strategic Minerals Plc ( (GB:FRG) ) has shared an update.

Firering Strategic Minerals plc has increased its stake in Limeco Resources Limited to 20.5% by acquiring an additional 3.8% interest for over $1 million, with the option to further increase its stake to 45%. This move aligns with Firering’s strategy to capitalize on the growing demand for locally produced quicklime, particularly in Zambia’s copper mining sector, as the company aims to enhance its production capacity and market presence.

More about Firering Strategic Minerals Plc

Firering Strategic Minerals plc is an AIM-listed resource company focused on quicklime production and critical mineral exploration. The company is strategically positioned to support the expanding copper producers in the Zambian Copper Belt and is advancing the Atex Lithium-Tantalum Project in Côte d’Ivoire.

YTD Price Performance: -11.54%

Average Trading Volume: 1,642,461

Technical Sentiment Signal: Buy

Current Market Cap: £7.47M

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