New AIM admission: Firering’s lithium potential

Firering Strategic Minerals is emphasising the lithium potential of the Atex project, but the potential columbite-tantalite (coltan) resource should also be lucrative.

It is no surprise to investors that lithium demand is increasing as more electric vehicles are produced and they require batteries. The coltan is also used in electric vehicles as well as other consumer electronics.

The Atex project is still at an early stage and the cash raised in the placing will finance mapping and initial drilling. Recent sampling has shown high grade samples. There also plans for pilot production of coltan.  

Trading commenced at 15p a share and the price ended the day at 14.5p. There were 378,060 shares traded.

Firering Strategic Minerals has an early-stage project with good potential...

Latest News

More Articles Like This

Tagdiv Cloud library - template content.