Business
Interim Results
Firering Strategic Minerals PLC announced its interim results for the six months ended June 30, 2025. The company's cash and cash equivalents increased to €555 thousand from €297 thousand at the end of 2024. The total net loss and comprehensive loss for the period was €1,033 thousand, with a loss per share of €0.01. The company issued shares worth €1,950 thousand during the period. Investment in associate increased to €2,887 thousand from €2,093 thousand at the end of 2024. Total assets increased to €6,923 thousand from €6,146 thousand at the end of 2024. The company acquired an additional 6.4% interest in Limeco in July 2025 for €953 thousand. Disclaimer*
About this update from Firering Strategic Minerals Plc
[{"type":"text","content":"\n\nFirering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining\n29 September 2025\nFirering Strategic Minerals plc\n(\"Firering\" or \"the Company\")\n \nInterim Results\n \nFocus on increasing revenues & delivering long-term value\n \nFirering Strategic Minerals plc, an emerging quicklime production and critical mineral exploration company, is pleased to announce its Interim Results for the six months ended 30 June 2025.\n \nHIGHLIGHTS\n· Scaling Limeco to full design capacity to establish it as a leading quicklime supplier to the region and generate strong revenues\n· First gasifier commissioned with Kiln 1 in February 2025; optimisation has lifted recent output to c.55 tonnes per day ('tpd') with improved product quality and quantity steadily increasing\n· Kiln 2 refurbishment on track for hot commissioning in Q4 2025, with Kilns 3 and 4 to follow leveraging operational experience gained from Kiln 1\n· Mining licence awarded; operations scheduled to commence in 2026 to supplement the existing stockpile of over 150,000 tonnes\n· Strong demand pipeline with buying interest across all product categories and further product lines under evaluation\n· Sales of aggregates and other ancillary products continue to provide supplementary revenues\n· Director-backed fundraisings completed, with bank discussions maturing to support increasing interest in Limeco\n \nINVESTOR PRESENTATION\nFirering intends to publish a new investor presentation including a Q&A on the Directors Talk platform: https://www.directorstalkinterviews.com/company/firering-strategic-minerals-plc/frg.l. Please submit questions to [email protected] by 9:00 am on 1 October 2025. No material new financial or other information will be disclosed.\n \nCHAIRMAN'S STATEMENT\nIn May 2024, we embarked on a transformational reset of the Company centred on acquiring management control and a material interest in Limeco Resources Limited ('Limeco'), a developed quicklime project in Zambia. Since then, we have focused on refurbishing and modernising Limeco's plant to ensure sustainable production of quicklime...