China-Based Battery Grade High-Purity Manganese Production Strategy

Firebird Metals Limited (ASX:FRB) is pleased to present its investor presentation.

BUILDING A LOW-COST HIGH-PURITY MANGANESE SULPHATE PLANT

Unique, Low-Cost, Speed-to-Market Strategy

Successfully executing a high-purity manganese sulphate strategy to supply into the rapidly expanding LMFP battery market . Investor Site visit in China to demonstrate the compelling opportunity for Firebird to establish itself as a key, low-cost, near-term producer

Sustainable Economics and Perfect Timing

Firebird to become of one of the lowest-cost battery grade MnSO4 producers, placing the Company in a competitive position in all market environments, at a time when the LMFP market is forecasted for exponential growth and become a >US$20 billion market by 2030

Management, Board and In-Country Team with Sector Leading Credentials

Led by a Board and Management team with proven abilities of building companies through the lifecycle and into production. Assembled a proven and high-quality team in China, who are leaders in the development and production of high-purity manganese

Well-Funded and Supported

Strong cash position of $7.36m (as of 31 Dec 2023) to fund key workstreams across China strategy and at Oakover. Firebird has attracted a strong investor register supported by a highly-reputable investor Canmax Technologies Co., Ltd with a 9.7% holding

DEVELOPMENT PROGRESS IN CHINA CONTINUING AS PLANNED

• Preliminary design work, R&D centre, equipment supplier due diligence & project permitting are all being progressed at full speed
• Estimated permitting & design on track for completion by late Q3 2024
• European customer site visits & off-take discussions commenced with excellent feedback
• Formal advice from Jinshi Government & relevant departments on process to repatriate profits and capital from operations
• As further proof of the strong levels of support in-country, Firebird will also receive a preferential tax rebate for 6 years
• Australian investor & broker site visit to key areas in China, including Jinshi High-Tech Industrial Park, Pilot Plant and Jinshi Port to take place on April 23
• Oakover project development continues as planned and forms an integral part of Firebird’s long term manganese battery materials strategy

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