REG - Firering Strategic - Operations Update

Firering Strategic MineralsAnnouncement

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RNS Number : 6499W  Firering Strategic Minerals PLC  16 March 2026

Firering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining

16 March 2026

Firering Strategic Minerals plc

("Firering" or the "Company")

 

Operations Update

 

Operational progress at Limeco supports planned production expansion &
growing demand

 

Firering Strategic Minerals plc (AIM: FRG), an emerging producer of high
quality quick- and hydrated lime with a portfolio of critical minerals
projects, is pleased to provide an update on operational progress at its
producing lime asset in Zambia, Limeco Resources Limited ("Limeco").

 

HIGHLIGHTS

·    Kiln 2 performance continues to improve, with discharge rates of over
60 tonnes per day ("tpd") being achieved.

·    Work has commenced bringing Kilns 3 and 4 online, with commissioning
expected in Q3 and Q4, respectively.

·    Hydrated lime circuit expanded to four operating units, with a fifth
under construction.

·    Limestone milling circuit installation progressing, with
commissioning targeted for Q3.

·    Commercial engagement increasing across mining, agricultural and
industrial markets.

 

Youval Rasin, Chairman and Interim Chief Executive Officer of Firering,
commented: "We are pleased with the continued operational progress at Limeco,
with Kiln 2 performing in line with expectations as ramp-up advances towards
its targeted output. At the same time, bringing Kilns 3 and 4 online has
commenced as part of our planned capacity expansion. These developments
position Limeco to increase production to meet the growing demand for our lime
products."

 

DETAILS

Limeco

Limeco, the Company's vertically integrated quicklime and hydrated lime
operation in Zambia, continues to progress operations, increasing its lime
product range and capacity expansion across its business.

 

Performance at Kiln 2 continues to improve as process optimisation and ramp-up
are advancing  and discharge rates of over 60 tpd now being achieved,
surpassing those of Kiln 1 and supporting the internal modifications made to
this kiln.

 

Work to bring Kilns 3 and 4 online has commenced, with fabrication of piping
connecting these kilns to the gasifier underway on site. Additional work
includes fabrication of the hopper for the feed system to these kilns and
modification of the burner system. Kiln 3 is expected to come online in Q3,
with Kiln 4 scheduled for Q4 this year.

 

The manual hydrating circuit now comprises four units constructed in-house,
with a fifth under construction. Each unit produces approximately eight tonnes
of hydrated lime per shift. Automation of this process is planned once all
four kilns are operational.

 

Serviceable components of the limestone powder milling circuit stored on site
have been serviced and their integrity checked ahead of erection and
installation. Preparations for additional civil works are being finalised,
with commissioning of the milling circuit expected in Q3 this year.

 

Commercial activity continues to build, with increased sales engagement across
mining, agricultural and industrial customers in the region. Newly branded
lime bags are expected to support direct customer enquiries and improve brand
visibility in regional markets.

 

ENDS

 

For further information visit www.fireringplc.com or contact:

 

 Firering Strategic Minerals                          E: info@firering-holdings.com

 Youval Rasin
 SPARK Advisory Partners Limited (Nominated Adviser)  T: +44 20 3368 3550

 Neil Baldwin / James Keeshan
 Shard Capital Partners LLP (Joint Broker)            T: +44 20 7186 9950

 Damon Heath / Erik Woolgar
 St Brides Partners Limited (Financial PR)            E: firering@stbridespartners.co.uk

 Isabel de Salis / Susie Geliher

 

Notes

Firering Strategic Minerals plc (AIM: FRG) is an Africa-focused producer and
developer of industrial and critical minerals. The Company's near-term focus
is the ramp-up of production at the Limeco project in Zambia, where Firering
holds a 36.2% interest with an option to increase this to 45%. Once fully
optimised, Limeco is expected to be among the largest lime operations in the
region, supplying a range of mining, agricultural and industrial customers.
Firering's portfolio also includes the highly prospective Atex
Lithium-Tantalum Project in northern Côte d'Ivoire.

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