Firering Strategic Minerals (LSE:FRG) reported increasing operational momentum at its Limeco lime operation in Zambia, where cold commissioning has begun on a second kiln. In addition, a container of equipment for two further kilns has arrived on site, setting the stage for a significant increase in production capacity over the coming period.
To support rising sales activity, the company has already built an inventory of around 5,000 tonnes of finished lime product. Firering is also fast-tracking the development of a high-purity calcium carbonate milling circuit, which is expected to come online in the third quarter of 2026 and create an additional revenue stream. Commercial engagement is said to be strengthening, with interest from a broader customer base that now includes a major international mining group operating in Zambia.
Alongside progress at Limeco, Firering said its majority-owned lithium and tantalum assets in Côte d’Ivoire are drawing renewed third-party interest. The company holds fully unencumbered stakes in the Atex and Alliance projects, which are benefiting from improving sentiment in lithium markets. Management noted that this interest highlights the strategic value of its portfolio and could expand future development or monetisation options for shareholders.
More about Firering Strategic Minerals
Firering Strategic Minerals plc is an emerging producer of quicklime and an explorer of critical minerals. The company is focused on scaling output at its Limeco lime project in Zambia, where it holds a 30.7% interest with an option to increase this to 45%. Firering targets daily lime production of 600–800 tonnes to supply copper producers in the Central African Copperbelt and gold miners in Zimbabwe, while also advancing the Atex and Alliance lithium-tantalum projects in Côte d’Ivoire, which are leveraged to long-term demand for clean energy technologies.
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