FireFly Reports 51% Increase in Mineral Resources at Green Bay Project
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2026
0mins
Source: Globenewswire
- Significant Resource Growth: The mineral resource estimate for the Green Bay project has increased to 50.4Mt at 2.0% CuEq, representing a 51% increase from the October 2024 estimate, laying a solid foundation for future economic assessments.
- High-Grade Core Zone Established: FireFly has delineated a high-grade core zone of 8.8Mt at 3.9% CuEq in the Measured and Indicated categories, significantly enhancing development options and likely attracting more investor interest.
- Well-Funded for Expansion: The company completed approximately A$139 million in equity raising, which will be used to accelerate exploration and mineral resource conversion, ensuring rapid development in a favorable copper market.
- Economic Assessment Plans: A Preliminary Economic Assessment is expected to be completed by June 2026, based on the upgraded mineral resources, further advancing the project towards feasibility studies and boosting investor confidence.
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About FF
FutureFuel Corp. is a manufacturer of diversified chemical products and biofuels. The Company operates in two segments: chemicals and biofuels. The chemicals segment manufactures specialty chemicals for specific customers (custom chemicals) as well as multi-customer specialty chemicals (performance chemicals). Its custom manufacturing product portfolio includes agrochemicals, adhesion promoters, a biocide intermediate, and an antioxidant precursor. Its performance chemicals products include a portfolio of nylon and polyester polymer modifiers and several small-volume specialty chemicals and solvents for diverse applications. Its biofuels segment primarily produces and sells biodiesel to its customers. In addition, it sells petrodiesel in blends with its biodiesel and with no biodiesel added. It offers B100 and biodiesel blended with petrodiesel (B2, B5, B10, B20, B50, and B99 blends) at its Batesville facility and at a short-term leased storage facility in Little Rock, Arkansas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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