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Firebird Metals Limited (ASX:FRB)

ALERT: Price-sensitive ASX Announcement for FRB
Current share price for FRB : $0.195 0.035 (21.88%)+
Release
30 Jul 2026 9:24AM
Price at Release
$0.160
Full Release
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Summary
Firebird Metals Limited's quarterly activities and cash flow report for the period ending 30 June 2026 highlights significant progress in the development of its Australian Demonstration Plant (ADP) in Perth. The company secured a A$2 million grant from the Australian Renewable Energy Agency (ARENA), and all key equipment orders for the ADP have been placed, with development on schedule. The ADP aims to produce high purity manganese sulphate, with recent tests confirming purity levels exceeding 99.99%. The company reported a cash balance of A$3.6 million at the end of the quarter and continues to engage with strategic partners and customers while focusing on the production of lithium manganese iron phosphate (LMFP) and lithium manganese rich (LMR) battery materials. There was no significant activity reported for the Oakover Project during this quarter.
Key Points
  • A$2,000,000 ARENA grant awarded to Firebird for ADP development.
  • Perth site secured for the Australian Demonstration Plant (ADP).
  • All key equipment orders placed for the ADP.
  • Development of ADP is on schedule and budget.
  • High purity manganese sulphate production confirmed.
  • Net cash at 30 June 2026 was A$3.6m.
  • Ongoing strategic partnerships and customer engagements.
  • Focus on LMFP and LMR battery material production.
  • No significant activity at Oakover Project during the quarter.
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.