Operations Update

Firering Strategic Minerals plc / EPIC: FRG / Market: AIM / Sector: Mining

2 April 2026

Firering Strategic Minerals plc

("Firering" or the "Company")

Operations Update

Kiln 2 discharge performance continuing to increase, supporting accelerated ramp-up across Limeco

Firering Strategic Minerals plc (AIM: FRG), an emerging producer of high-quality quick- and hydrated lime, is pleased to provide an operational update from its Limeco project in Zambia ("Limeco").

Youval Rasin, Chairman and Interim Chief Executive Officer of Firering, commented: "Kiln 2 discharge is now at over 70 tonnes per day compared to an average of over 60 tonnes per day a fortnight ago, reflecting solid operational progress and setting a clear benchmark for the remaining kilns as we scale production at Limeco."

DETAILS

Limeco, the Company's vertically integrated quicklime and hydrated lime operation in Zambia, continues to advance its production ramp-up and capacity expansion.

Following completion of hot commissioning of Kiln 2 in February 2026 (see RNS dated 9 February 2026), output is expected to ramp up over an approximate three-month optimisation period. Accordingly, performance at Kiln 2 continues to strengthen, with average output now reaching over 70 tonnes per day.

This level of performance reflects ongoing process optimisation, establishes a clear benchmark for the remaining six kilns, and increases confidence in Limeco's ability to bring additional capacity online efficiently while delivering consistent, high-quality output.

ENDS

For further information visit www.fireringplc.com or contact:

Notes

Firering Strategic Minerals plc (AIM: FRG) is an Africa-focused producer and developer of industrial and critical minerals. The Company's near-term focus is the ramp-up of production at the Limeco project in Zambia, where Firering holds a 36.2% interest with an option to increase this to 45%. Once fully optimised, Limeco is expected to be among the largest lime operations in the region, supplying a range of mining, agricultural and industrial customers. Firering's portfolio also includes the highly prospective Atex Lithium-Tantalum Project in northern Côte d'Ivoire.