Firebird Metals Limited (ASX:FRB)

Evan Cranston
Market Cap (AUD): 15.75M
Sector: Materials
Last Trade (AUD): 0.3 +0 (+0%)
Tab Bar

1. About

Firebird Metals Limited (ASX:FRB) engages in the exploration and development of mineral properties in Australia. The company’s flagship 100%-owned Oakover project is located 85km east of Newman and has a JORC 2012 resource of 64 Mt @ 10% Mn. The company also has option agreements to purchase 2 additional prospective manganese assets, Disraeli and Hill 616, in the Pilbara region.

Manganese (Mn) has a wide range of applications the most significant of which is in steel production where a tonne of steel requires approximately 1 to 2 % of manganese in the form of manganese alloys.

Increasingly, Manganese is also being consumed in energy storage as a key raw material for both dry cell batteries through Electrolytic manganese dioxide (EMD) and High-purity manganese sulphate monohydrate (HPMSM) lithium-ion batteries.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk