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Firebird Metals Limited (ASX:FRB)

ALERT: Price-sensitive ASX Announcement for FRB
Current share price for FRB : $0.185 -0.02 (-9.76%)+
Release
30 Apr 2026 9:50AM
Price at Release
$0.205
Full Release
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Summary
Firebird Metals Limited has secured a long-term lease for a site in Osborne Park, Perth, to establish the world's first fully integrated manganese concentrate-to-cathode active material processing facility outside China. This Australian Demonstration Plant (ADP) aims to create a streamlined supply chain for the production of battery materials, specifically aimed at the electric vehicle (EV) and energy storage markets. The facility, which fulfills a milestone for a A$2,000,000 federal grant, will operate under a five-year lease with options for extension, ensuring the company's operational security. The site was selected based on criteria such as power availability and proximity to technical services, and construction plans are currently underway with the goal of advancing sovereign battery supply chain technology in the Western world.
Key Points
  • Firebird Metals Limited secures a 775 sqm site in Osborne Park, Perth for its Australian Demonstration Plant (ADP).
  • ADP is the first integrated manganese concentrate-to-cathode active material processing facility outside China.
  • Facility will streamline the supply chain for battery materials used in EV and energy storage.
  • The lease term is five years with extension options, ensuring long-term operational security.
  • The lease execution fulfills a milestone for a A$2,000,000 federal government grant.
  • The facility will support the production of LMFP and LMR cathode materials.
  • The site selection considered power availability, layout, zoning, and access to technical services.
  • The project is part of a strategy to deliver sovereign battery supply chain technology to the Western world.
  • Firebird holds significant manganese resources in Western Australia.
  • Construction and fit-out design plans are in progress, with equipment procurement underway.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.