London-listed Firering Strategic Minerals has reported that production momentum is accelerating at its producing lime asset, in Zambia, Limeco Resources, with new potential revenue streams and a portfolio upside.

Firering notes that Limeco continues to make good operational progress as it advances toward higher output from its integrated limestone mining and processing operation.

Following on from connecting Kiln 2 to the feed system and gasifier, the company reports that cold commissioning has begun, with hot commissioning and optimisation to follow.

Once commissioned, Firering says production from Kiln 2 is expected to ramp during a three-month optimisation period.

The final container with equipment for kilns 3 and 4 is now on site, allowing the company to move quickly into modifying these kilns once Kiln 2 is optimised and operating.

Kiln 1 remains operational and, over recent months, Firering says Limeco has built up an inventory of about 5 000 t of finished product, providing near-term supply flexibility as production ramps up.

In addition, Limeco is fast-tracking the installation of a high-purity calcium carbonate milling circuit – exceeding 95% calcium carbonate (CaCO₃).

The company says this will create a new revenue stream with applications across construction materials, industrial products and environmental uses.

Commissioning of the milling circuit is currently expected in the third quarter of this year.

Meanwhile, Firering notes that commercial momentum continues to build, with a growing pipeline of sales discussions progressing through the typical three-month qualification process, including laboratory testing, bulk sampling, site inspections and trial orders.

Notably, Limeco recently hosted a site visit from a major international mining group operating in Zambia, the country's largest copper and cobalt producer.

Firering says discussions focused on Limeco's production capabilities and the potential supply of hydrated lime, reflecting increasing demand from large-scale mining operators for reliable, high-performance lime products critical to their operations.

Further, following the announcement of August 19, 2025, and subsequent confirmation of full and final settlement – as detailed in announcements on November 12 and 19 and December 24, 2025 – Firering says it now holds a 90% interest in Atex and a 51% interest in Alliance, both lithium/tantalum projects located in Côte d'Ivoire.

The company says these assets are fully unencumbered.

Firering says the board continues to monitor improving lithium market conditions, which it believes are increasingly highlighting the compelling value fundamentals of both projects.

In this context, Firering says it has received third-party interest in Atex and Alliance, reinforcing their underlying value within the company's portfolio.

"Operational momentum is building across the business.

“At Limeco, the cold commissioning of our second kiln marks an important step towards scaling production, while growing customer engagement, and the acceleration of new potential revenue streams underline the strength of demand for our lime products.

“In parallel, improving lithium market dynamics are drawing renewed third-party interest in Atex and Alliance, highlighting the strategic value embedded in our wider portfolio,” says Firering CEO Yuval Cohen.