Quarterly Activities/Appendix 5B Cash Flow Report
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| Stock | Firebird Metals Ltd (FRB.ASX) |
|---|---|
| Release Time | 30 Jul 2026, 9:24 a.m. |
| Price Sensitive | Yes |
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Firebird Metals Achieves Key Milestones in Q2 CY2026
Key Points
- Secured Perth site and executed lease for Australian Demonstration Plant (ADP)
- Placed all key equipment orders for ADP
- Awarded A$2,000,000 ARENA grant for ADP development
- Independent testing confirmed production of >99.99% purity manganese sulphate
Full Summary
Firebird Metals Ltd. reported significant progress in the second quarter of CY2026, highlighted by the execution of a multi-year lease for its Australian Demonstration Plant (ADP) in Perth, Western Australia. The company placed all key long-lead equipment orders for the ADP, unlocking the first payment of the A$2,000,000 ARENA grant. Independent international customer testing confirmed Firebird's production of ultra-high purity manganese sulphate (MnSO4) exceeding 99.99%, with impurity levels significantly below Chinese industry standards. The company's cash position at the end of June 2026 was A$3.6 million, excluding the $1.0 million cash grant received by ARENA on 16 July 2026.
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