Firering Strategic Minerals plc (LSE:FRG) has taken full control of its Atex and Alliance Lithium-Tantalum Projects in Côte d’Ivoire after Ricca Resources Limited decided to withdraw from their earn-in agreement. With Ricca stepping back, Firering now holds complete ownership of both projects and is exploring new strategies to unlock their long-term potential. The company still maintains a 10.6% equity stake in Ricca and is pursuing the recovery of funds previously advanced under the partnership. These resources are expected to help accelerate the development of Firering’s flagship Limeco operations, a core driver of its growth strategy.
About Firering Strategic Minerals plc
Firering Strategic Minerals is positioning itself as a key player in both quicklime production and the exploration of critical minerals. Its Limeco project in Zambia is the company’s top priority, with plans to scale production to 600–800 tonnes of quicklime per day to meet demand from copper producers across the Central African Copperbelt. Alongside this, Firering continues to advance its Atex Lithium-Tantalum Project in Côte d’Ivoire, which holds strong potential in lithium and tantalum-niobium—minerals essential to the global transition toward clean energy solutions.
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