Strategic Minerals PLC
About
Strategic Minerals Plc engages in the exploration and development of mining projects. It operates through the following segments: Southern Minerals Group LLC, Head Office, Australia, United Kingdom and Development Asset. The Southern Minerals Group LLC segment involves in the sale of magnetite to U.S. domestic market and transported magnetite to port for onward export sale.
The Head Office segment includes administrative costs of central operations and finances the Group's operations. The Australia segment holds the Central Australian Rare Earths Pty Ltd tenements in Australia and incurs related operating costs. The United Kingdom segment holds investment in the Redmoor project in Cornwall and United Kingdom. The Development Asset segment holds the Leigh Creek Copper Mine Development Asset in Australia and incurs all related operating costs.
The company was founded on November 16, 2010 and is headquartered in London, the United Kingdom.
Growth
Firering Strategic Minerals is currently in the growth stage as an AIM-quoted mining company focused on becoming a near-term cash generating producer of Quicklime in Zambia and advancing the exploration and development of the Atex Lithium Project in Côte d'Ivoire. The company is expanding its operations to generate early cashflow and establish a presence in the minerals market supporting fast-growing sectors.
Achievements
One of Firering Strategic Minerals' significant milestones includes starting production of Quicklime from the Limeco Zambia Processing Plant, a project with historical spending of over $100 million positioned to generate early cashflow. The company is also advancing the Atex project in Côte d'Ivoire, which involves lithium and tantalum-niobium exploration showing potential for substantial resources in a proven jurisdiction. These milestones mark the company's progress towards becoming a key player in the minerals industry.
Case Studies
Firering Strategic Minerals' noteworthy projects include the Limeco Zambia Processing Plant for Quicklime production, aimed at supplying essential minerals for cement, concrete, and copper production. The company's venture into Atex Lithium Project in Côte d'Ivoire signifies its diversification into minerals supporting emerging industries. These projects showcase Firering's strategic focus on critical commodities and sustainable mining practices, contributing to the economic development of Zambia and Côte d'Ivoire.
Key Events
Key events for Firering Strategic Minerals encompass the production commencement at the Limeco Zambia Processing Plant, marking a significant milestone in the company's journey towards cash generation. The exploration progress at the Atex Lithium Project in Côte d'Ivoire signifies Firering's commitment to diversifying its mineral portfolio and tapping into emerging market demands. Additionally, the live investor meet presentation in October 2024 reflects Firering's dedication to engaging stakeholders, fostering transparency, and showcasing its growth trajectory.
Socials
Founded
-
Operating Status
Active
Industry
Basic Materials/Resources
headquarters
Address
27/28 Eastcastle Street London Greater London W1W 8DH United Kingdom...
Country
United Kingdom
Employees
-
Key People
John Peters (Managing Director & Executive Director)
Karen Ruth Williams (Chief Financial Officer)
Peter Verdun Wale (Executive Director)
Revenue
1.99 M
Operating Income
Stock Price
0.20
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Strategic Minerals PLC
-
Website
-
Founded
-
-
Industry
Basic Materials/Resources
-
Address
27/28 Eastcastle Street London Greater London W1W 8DH United Kingdom...
-
Country
United Kingdom
-
Number of employees
-+
-
Revenue
1.99 M
About Strategic Minerals PLC
Strategic Minerals Plc engages in the exploration and development of mining projects. It operates through the following segments: Southern Minerals Group LLC, Head Office, Australia, United Kingdom and Development Asset. The Southern Minerals Group LLC segment involves in the sale of magnetite to U.S. domestic market and transported magnetite to port for onward export sale.
The Head Office segment includes administrative costs of central operations and finances the Group's operations. The Australia segment holds the Central Australian Rare Earths Pty Ltd tenements in Australia and incurs related operating costs. The United Kingdom segment holds investment in the Redmoor project in Cornwall and United Kingdom. The Development Asset segment holds the Leigh Creek Copper Mine Development Asset in Australia and incurs all related operating costs.
The company was founded on November 16, 2010 and is headquartered in London, the United Kingdom.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
