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Firebird Metals has provided a feasibility study for its proposed manganese sulphate operations based in China that demonstrated a low-cost producer of material used in LMFP batteries.
According to the feasibility study released on Monday, the projected capex of the Stage 1 operation is estimated at $83.5 million, with another $10.6 million pegged for working capital. Commenting on the milestone, Firebird managing director Peter Allen stated that “the company has been buoyed by the incredible level of support and interest received from key government agencies and tier-one banks in assisting us establish operations in China.”
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