Skip to content
Oil Mining Resources

Mining Operations Commence at 5E Boron Americas Complex

5E Advanced Materials, Inc. [Nasdaq:FEAM ASX:5EA] 2 mins read

Company commences mining operations and advances vision of becoming the newest domestic producer of boric acid in decades

5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (5E or the Company), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, today announced that it has officially begun mining operations at the Company’s 5E Boron Americas Complex with the startup of the wellfield injection process.

The Company is now working under its EPA UIC permit to begin extracting valuable minerals from its wholly owned project at Fort Cady. The Company recently announced its operational plan and has now started wellfield operations with the goal of completing outstanding operational items at the facility in parallel. 5E expects to begin lab production in the short-term and production of boric acid and lithium carbonate from the small-scale facility by the end of the first calendar quarter of 2024. This initial production will be used for customer qualification as the Company seeks to obtain bankable offtake agreements and future sales to support FEL 2 engineering as the Company focuses on commercial scale.

Susan Brennan, 5E Advanced Materials CEO stated: “We are excited about reaching this major milestone through the launch of mining operations today at our 5E Boron Americas Complex. The 5E team has been resilient through the construction process, navigating several challenges and ultimately bringing our facility on-line. We look forward to 2024 as we continue advancing our vision as we now become the newest domestic producer of boric acid and lithium carbonate.”


Media and Investor inquiries:
Elvis Jurcevic


More from this category

  • Oil Mining Resources
  • 23/07/2024
  • 11:08
Solis Minerals

Extensive Drone Mag Survey planned at Guaneros Project, Peru

Solis Minerals Limited (ASX: SLM) (“Solis” or the “Company”) is pleased to announce anupdate on exploration activities at the Guaneros Project in Peru. Solishas contracted a geophysical contractor to carry out a maiden drone airborne magnetometry survey to assist in fast-tracking target generation, identify zones for further geophysical follow-up, and formulate the drill permitting application. Airbornemagnetometry is useful in detectingthe presence of magnetite in the subsurface that can be a vector for porphyry alteration.Executive Director, Matthew Boyes, commented: “We are starting to gain some realmomentum now in the exploration programmes on our quality copper portfolio in Peru.Airborne mag surveys are…

  • Contains:
  • Business Company News, Oil Mining Resources
  • 23/07/2024
  • 10:23
Jane Morgan Management

Zenith (ASX:ZNC) Minerals Limited Appoints Andrew Smith as New Managing Director

Perth, Australia – 23 July 2024 | Zenith Minerals Limited (ASX: ZNC) (“Zenith” or “the Company”) is pleased to announce the appointment of highly…

  • Contains:
  • Business Company News, Oil Mining Resources
  • 23/07/2024
  • 09:57
Jane Morgan Management

Summit Minerals Ltd (ASX:SUM) LiDAR Survey to Commence at Equador Niobium Project in Brazil

Perth, Australia – 23 July 2024 | Summit Minerals Limited (ASX: SUM) (“Summit” or the “Company”) is pleased to announce the commencement of an…

  • Contains:

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.