Firering Strategic Minerals Plc · LSE:FRG
Firering Strategic Minerals — Investor Presentation (January 2025)
13 slides from Firering Strategic Minerals's investor presentation, January 2025
Slide 1: Positioned to become the largest quicklime producer in Zambia
Investor Presentation, January 2025 Positioned to become the largest quicklime producer in Zambia
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) is being provided to you (the “Recipient”) by Firering Strategic Minerals PLC (the “Company”) for information purposes only and does not constitute or form part of, and should not be construed as, an offer or invitation to sell or any solicitation of any
Slide 3: Overview
Overview An emerging quicklime production and critical mineral exploration company 1. 2. Limeco, Zambia Atex Project, Côte d'Ivoire Ex-Glencore quicklime project with historical spend of +$100m 90% interest in Atex that includes both lithium and tantalum-niobium A high-quality Tier 1 limestone depos
Slide 4: Setting the Scene - Quicklime (Calcium Oxide CaO)
Setting the Scene - Quicklime (Calcium Oxide CaO) Multiple uses due to key chemical properties and essential for local copper production Global quicklime price has strengthened over the past Quicklime demand closely linked to the copper two years trading between US$160-US$218/t. Billion US$ market;
Slide 5: Zambia: A favourable investment landscape
Zambia A favourable investment landscape • Stable political environment and commitment to democracy contributing to its appeal for investors seeking long-term stability • Abundant natural resources, making it an attractive destination for international mining companies • Copper sector generates abou
Slide 6: Limeco – Overview & Opportunity
Limeco – Overview & Opportunity Quicklime project 20km west of Lusaka, Zambia, with existing infrastructure including main access roads, power and water • Integrated limestone project including a Tier 1 limestone deposit and processing plant with an historical spend of +$100m • Established by Glenco
Slide 7: Limeco – Mineral Resource Estimate
Limeco – Mineral Resource Estimate A high-quality Tier 1 limestone deposit forms the foundation of a robust quicklime business Domain A gross Mineral Resource for Limeco (Earthlab, November 2024) • Maiden JORC-code MRE announced November 2024 • 97% increase in resource tonnes compared to the previou
Slide 8: Limeco – Assets & Sales
ongoing discussions for quicklime offtake with a local copper producer.” Primary crusher with lime plant in Aggregate stockpile background Limeco – Assets & Sales High specification asset with historical spend of +$100m Assets • Two stage crushing circuit with installed capacity of 300tph limestone
Slide 9: Limeco – Building Revenues
Limeco – Building Revenues Positioned to meet the growing demands of the copper industry & other industrial clients Modifications to Updated MRE to 8 kilns operational existing plant – fuel & provide +50-years LOM Producing c.200ktpa crushing plant Commissioned 1st kiln quicklime & c.350ktpa Aggrega
Slide 10: Atex Project, North-West Côte d'Ivoire
Atex Project, North-West Côte d'Ivoire Licence includes both lithium & tantalum-niobium potential • 90% interest in Atex, located within the Baoulé-Moss domain of the West African Craton: • Baoulé-Moss comprises several arcuate belts stretching hundreds of km, host to multiple gold, base metal & peg
Slide 11: Investment Case
Investment Case Clear Path Strong Financials Sustainable Limeco positioned to become the largest quicklime Ramping up quicklime production in 2025 Low environmental impact, long life deposit producer in Zambia able to support the Copperbelt’s Revenue from ancillary products since 2023 Supports green
Slide 12: Corporate Snapshot
Corporate Snapshot Re-rating of the stock expected when all eight kilns become operational • FRG has a 16.7% interest in Limeco and will increase this to 20.5% in April 2025 following Ticker FRG a further consideration of c.$1m. Share Price (03.01.25) 3.9p • FRG has an option agreement to acquire a
Slide 13: 38 Agias Fylaxeos Nikolas Kort Office 101, 3025 Limassol PO Box 53277
38 Agias Fylaxeos Nikolas Kort Office 101, 3025 Limassol PO Box 53277 Limassol Cyprus www.fireringplc.com
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