Connect with us

Hi, what are you looking for?

Trading Tips

Firebird Metals’ Integrated Strategy Well-placed in Booming LMFP Batteries Market, Analyst Says


The growing demand for high-purity manganese sulphate monohydrate (HPMSM) used in lithium manganese iron phosphate (LMFP) batteries positions Firebird Metals (ASX:FRB) to become significant player in the manganese market for LMFP batteries and EV manufacturers, according to an analyst report published by Terra Studio.

“Compared to its peers, Firebird Metals and its Hunan high-purity manganese sulphate monohydrate project accumulate a number of enviable characteristics: lowest capital expenditure; lowest capital intensity; life of project not limited by a mineral resource; lowest operating cost; highest profitability index (NPV/capex) with the lowest HPMSM price assumption; best expertise in lithium-ion batteries and in particular LFP and

LMFP batteries; and largest market at its doorstep,” stated the report prepared by JF Bertincourt, director of Terra Studio.

Firebird Metals is focused on developing its Oakover high-purity manganese project in Western Australia and integrating a downstream processing facility in China to produce battery-grade HPMSM for the LMFP battery market.

“Firebird Metals is extremely well positioned to take advantage of the booming market for LMFP batteries,” Bertincourt wrote, citing the significant market outlook for LMFP batteries, which is expected to replace 50 percent of lithium-ion phosphate batteries (LFP) by 2030.

Highlights of the report:

Firebird Metals is extremely well positioned to take advantage of the booming market for LMFP batteries, given its strategy to develop a processing facility in China, which will be fed by concentrate from its Oakover projectIf successful, Firebird is poised to become a significant player in the manganese market for LMFP batteries and EVs, and also become a supplier for the silica-manganese alloy market.LMFP is expected to dominate the cathode market for EV batteries, due to the manganese’s ability to make LFP batteries safer, cheaper and have more range.

Read the full report here.

This content is intended only for persons who reside or access the website in jurisdictions with securities and other applicable laws which permit the distribution and consumption of this content and whose local law recognizes the scope and effect of this Disclaimer, its limitation of liability, and the legal effect of its exclusive jurisdiction and governing law provisions [link to Governing Law section of the Disclaimer page].

Any investment information contained on this website, including third party research reports, are provided strictly for informational purposes, are general in nature and not tailored for the specific needs of any person, and are not a solicitation or recommendation to purchase or sell a security or intended to provide investment advice. Readers are cautioned to seek the advice of a registered investment advisor regarding the appropriateness of investing in any securities or investment strategies mentioned on this website.

This post appeared first on

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Trading Secrets

    What is the marginal rate of substitution and its formula? Key Takeaways: Trade-offs and Satisfaction: MRS shows the trade-offs consumers are willing to make...

    Trading Life

    Laura Wong Hon Chan is an interest rate options trader, who is currently a director at Bank of America Merrill Lynch in New York....

    Trading Secrets

    In this episode of StockCharts TV‘s The MEM Edge, Mary Ellen reviews what’s driving the markets higher and what to be on the lookout...

    Trading Secrets

    Maximizing Profits in Forex with the XMaster Formula Indicator Key Takeaways: XMaster Formula Indicator is a reliable and accurate tool for Forex traders to...