Just the Facts: Firebird Metals advances global manganese vision with traditional owner agreement
09/12/2024
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Proactive’s Tylah Tully breaks down ‘Just the Facts’ of the latest news from Firebird Metals Ltd (ASX: FRB).
The company has signed an agreement with the Karlka Nyiyaparli Aboriginal Corporation (KNAC) for a mining lease at the Oakover Manganese Project in Western Australia.
The agreement ensures provisions for financial benefits, cultural heritage protection, ongoing engagement with KNAC and minimisation of operational impacts on Native Title rights, heritage and the environment.
Oakover spans 3,430 hectares and includes a mineral resource estimate of 176.7 million tonnes at 9.9% manganese, with an indicated component of 105.8 million tonnes at 10.1%.
The project plays a central role in Firebird’s strategy to produce battery-grade manganese sulphate.
Stage One of processing will occur in China, where Firebird is developing a manganese and tetra-oxide plant.
Stage Two will expand operations to China and a western location to meet increasing global demand by the decade’s end.
The project has an 18-year life-of-mine and is undergoing environmental studies, with referral to the EPA planned as part of a 12-month workstream.
Firebird aims to establish itself as a global leader in the manganese industry, supporting lithium-ion and sodium-ion battery advancements.
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