Firering Strategic Minerals Plc (GB:FRG) has released an update.
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Firering Strategic Minerals Plc has announced a lucrative logistics services agreement anticipated to generate $600-720k annually for its Zambian Limeco quicklime project, even before the main production commences in Q4 2024. This deal is part of Limeco’s multi-revenue approach and bolsters the company’s financial position as it prepares for the project’s commissioning. Negotiations with major copper producers are underway, with aggregate sales already begun last quarter and more off-take agreements expected soon.
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