Firering Strategic Minerals has launched its first quicklime production at the Limeco project in Zambia. The company plans a 30-day optimization phase and expansion to meet rising market demand, particularly from the copper, construction, and fertilizer industries.
Firering Strategic Minerals has achieved a significant milestone by initiating its first quicklime production at the Limeco project in Zambia. Vassilios Carellas, the Independent Non-Executive Director, outlined the company’s next actions, which include a crucial 30-day optimization phase and establishing a timeline for the first sales of quicklime. Additionally, expansion plans are underway to cater to the increasing demand from industries such as copper, construction, and fertilizers.
The company identifies a local supply gap and has noted strong interest from potential buyers, thereby positioning itself strategically within Zambia’s industrial mineral market. Firering Strategic Minerals is dedicated to the exploration of critical minerals and the production of quicklime that supports industrial and battery-related sectors. The company’s proactive approach aims to take advantage of the growing market for these essential resources.
In summary, Firering Strategic Minerals has successfully commenced quicklime production at its Limeco project in Zambia, signifying a pivotal step towards fulfilling market demand. With plans for optimization and expansion, alongside keen interest from various industries, the company is set to become an influential player in Zambia’s industrial mineral landscape.
Original Source: www.directorstalkinterviews.com