FRB Price sensitive 30 Jul 2026, 9:24 AM

Quarterly Activities/Appendix 5B Cash Flow Report

Firebird Metals Ltd

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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