InvestSMART

Firebird Metals Limited (ASX:FRB)

ALERT: Price-sensitive ASX Announcement for FRB
Current share price for FRB : $0.185 -0.015 (-7.50%)+
Release
16 Jun 2026 8:31AM
Price at Release
$0.200
Full Release
download
Summary
Firebird Metals Limited has placed all necessary equipment orders for its Australian Demonstration Plant (ADP) in Perth, Western Australia, marking a significant milestone under its ARENA grant funding. The equipment, sourced via Firebird’s Chinese subsidiary, will include high purity manganese sulphate and cathode materials pilot equipment, testing instruments, and technical services, all manufactured to Australian standards. The ADP is scheduled to receive these shipments by early Q4 2026, with development remaining on time and within budget. Additionally, Firebird is advancing its patent pipeline, aiming to establish the ADP as the first integrated manganese-based battery materials plant outside China, thus strategically positioning in the global supply chain for battery materials. The company is also progressing with its lithium manganese rich (LMR) cathode technology at its China Pilot Plant, with initial results expected soon.
Key Points
  • All key equipment orders placed for Australian Demonstration Plant.
  • First payment of ARENA grant funding unlocked.
  • ADP development on schedule and on budget.
  • Equipment expected in Australia early Q4 2026.
  • Milestone 1 deliverables nearing completion.
  • First integrated manganese battery materials plant outside China.
  • Strong interest from strategic partners and battery manufacturers.
  • Ongoing patent applications for manganese-based battery materials.
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.