We are working to advance production of Lithium and Coltan (Short for Columbite Tantalites). The key driver behind demand for Lithium in recent years is the increasing adoption of electric vehicles, where Lithium is a critical metal used in the batteries that these vehicles use. Firering intends to become a new source of supply of Lithium. Coltan is a dull black metallic ore, from which the elements tantalum and niobium are extracted. These strategic metals are necessary for the production of mobile phones and many other electronic devices. The development of our Coltan projects will be a key driver for our business.

The primary use for lithium is in rechargeable batteries for EVs and consumer electronics, such as mobile phones and laptops. Lithium is also commonly used in non-rechargeable batteries for a range of applications including pacemakers, toys and clocks. Lithium metal is also used to make metal alloys, most commonly with aluminium or magnesium, to improve strength and/or reduce weight. Magnesium-lithium alloy can be used for armour plating and aluminium-lithium alloys are used in a number of manufacturing applications such as aircraft, bicycles, high-speed trains and luxury cars.

Tantalum & Niobium
The largest application for Tantalum is in high performance capacitors. Capacitors are used in just about most electronic devices. The roll out of 5G infrastructure and booming electrification in our homes, cars and workspaces, means there is a strong industrial and consumer demand base for Tantalum.

Niobium is an effective microalloying element for steel and is an important metal in the creation of superalloys, a group of polymetallic high performance alloys that possess very high melting temperatures, high strength, and considerable resistance to wear in corrosive and oxidizing environments. Superalloys are needed for the manufacture of jet engines, air-based turbines, and land-based turbines. Nickel-Tantalum super-alloys used in jet engines provide as another key industrial demand driver.