5E Advanced Materials Completes Next Milestone
5E Advanced Materials (NASDAQ: FEAM) has successfully completed major equipment and process flow testing for its large-scale boron facility design. The testing, conducted in collaboration with EPC-partner Fluor, covered crucial processes including crystallization, metal impurity removal, centrifuges, filtration, reverse osmosis, membrane technology, and dryer packages.
The completion of this milestone enables the company to update its technical report summary and move forward with FEED engineering. The project, designated as Critical Infrastructure by the U.S. government, aims to disrupt the global boron market oligopoly and strengthen America's position in the boron supply chain by eliminating single-point supply chain vulnerabilities.
5E Advanced Materials (NASDAQ: FEAM) ha completato con successo i test principali su attrezzature e flussi di processo per il progetto del suo impianto su larga scala di borace. I test, realizzati in collaborazione con il partner EPC Fluor, hanno riguardato processi fondamentali come la cristallizzazione, la rimozione delle impurità metalliche, le centrifughe, la filtrazione, l'osmosi inversa, la tecnologia a membrana e i sistemi di asciugatura.
Il raggiungimento di questo importante traguardo permette all’azienda di aggiornare il riepilogo del rapporto tecnico e procedere con l’ingegneria FEED. Il progetto, riconosciuto come Infrastruttura Critica dal governo degli Stati Uniti, punta a rompere l’oligopolio del mercato globale del borace e rafforzare la posizione dell’America nella catena di approvvigionamento del borace, eliminando i punti unici di vulnerabilità nella supply chain.
5E Advanced Materials (NASDAQ: FEAM) ha completado con éxito las pruebas principales de equipos y flujo de procesos para el diseño de su planta a gran escala de boro. Las pruebas, realizadas en colaboración con el socio EPC Fluor, abarcaron procesos clave como la cristalización, eliminación de impurezas metálicas, centrifugadoras, filtración, ósmosis inversa, tecnología de membranas y sistemas de secado.
La finalización de este hito permite a la empresa actualizar el resumen del informe técnico y avanzar con la ingeniería FEED. El proyecto, designado como Infraestructura Crítica por el gobierno de EE.UU., busca romper el oligopolio del mercado global del boro y fortalecer la posición de Estados Unidos en la cadena de suministro del boro, eliminando puntos únicos de vulnerabilidad en la cadena de suministro.
5E Advanced Materials (NASDAQ: FEAM)는 대규모 붕소 시설 설계를 위한 주요 장비 및 공정 흐름 테스트를 성공적으로 완료했습니다. EPC 파트너인 Fluor와 협력하여 진행된 이번 테스트는 결정화, 금속 불순물 제거, 원심분리기, 여과, 역삼투압, 멤브레인 기술 및 건조기 패키지 등 핵심 공정을 포함했습니다.
이 마일스톤의 완료로 회사는 기술 보고서 요약을 업데이트하고 FEED 엔지니어링을 진행할 수 있게 되었습니다. 미국 정부가 중요 인프라로 지정한 이 프로젝트는 글로벌 붕소 시장의 과점 체제를 깨고 미국의 붕소 공급망 내 단일 취약점을 제거하여 미국의 입지를 강화하는 것을 목표로 합니다.
5E Advanced Materials (NASDAQ : FEAM) a réussi à achever les tests majeurs d’équipements et de flux de processus pour la conception de sa grande installation de bore. Ces tests, réalisés en collaboration avec le partenaire EPC Fluor, ont couvert des procédés essentiels tels que la cristallisation, l’élimination des impuretés métalliques, les centrifugeuses, la filtration, l’osmose inverse, la technologie des membranes et les systèmes de séchage.
La réalisation de cette étape permet à l’entreprise de mettre à jour le résumé de son rapport technique et de poursuivre l’ingénierie FEED. Ce projet, désigné comme Infrastructure Critique par le gouvernement américain, vise à perturber l’oligopole mondial du marché du bore et à renforcer la position des États-Unis dans la chaîne d’approvisionnement du bore en éliminant les vulnérabilités uniques de la chaîne d’approvisionnement.
5E Advanced Materials (NASDAQ: FEAM) hat erfolgreich wichtige Tests an Ausrüstung und Prozessabläufen für das Design seiner groß angelegten Bor-Anlage abgeschlossen. Die Tests, die in Zusammenarbeit mit dem EPC-Partner Fluor durchgeführt wurden, umfassten entscheidende Prozesse wie Kristallisation, Entfernung von Metallverunreinigungen, Zentrifugen, Filtration, Umkehrosmose, Membrantechnologie und Trocknerpakete.
Der Abschluss dieses Meilensteins ermöglicht es dem Unternehmen, die Zusammenfassung des technischen Berichts zu aktualisieren und mit der FEED-Planung fortzufahren. Das Projekt, das von der US-Regierung als Kritische Infrastruktur eingestuft wurde, zielt darauf ab, das Oligopol auf dem globalen Bormarkt zu durchbrechen und die Position Amerikas in der Bor-Versorgungskette zu stärken, indem einzelne Schwachstellen in der Lieferkette beseitigt werden.
- Successful completion of major equipment testing for commercial design
- U.S. government Critical Infrastructure designation for 5E Boron Americas Complex
- Project advances towards FEED engineering phase
- Testing results strengthen position for project financing
- None.
Insights
5E Advanced Materials completed critical equipment testing for its boron facility, progressing toward disrupting the global boron oligopoly and strengthening US supply chain security.
5E Advanced Materials has achieved a significant milestone in its journey to establish domestic boron production capacity. The company has successfully completed testing for all major process equipment required for its large-scale boron facility, including crystallization, metal impurity removal, centrifuges, filtration, reverse osmosis, membrane technology, and dryer packages. This achievement represents a critical technical validation that substantially de-risks the project's engineering pathway.
This milestone is particularly noteworthy because it allows 5E to progress to updating its technical report summary and transition toward Front-End Engineering Design (FEED) – essential steps in the project development sequence that precede final investment decisions and construction. The company worked alongside its EPC (Engineering, Procurement, and Construction) partner Fluor, equipment manufacturers, and third-party laboratories to validate its process design.
From a technical perspective, this comprehensive testing package suggests the company has validated its commercial-scale processing route for converting raw boron-bearing materials into marketable products. The diversity of technologies tested (crystallization, filtration, membrane technologies) indicates a complex multi-stage purification process typical of specialty chemical production.
The strategic significance extends beyond just technical validation. The United States currently lacks domestic production capacity for boron, a material designated as critical infrastructure by the U.S. government. The global boron market is controlled by an oligopoly of producers, creating supply chain vulnerabilities. 5E's progress represents a potential disruption to this market structure and would provide supply chain security for a material increasingly important in advanced applications including clean energy, defense, and high-tech manufacturing.
Company successfully completes major equipment and process flow testing for the commercial design of its large-scale boron facility
5E's project advancements positions the United States to maintain position of strength in the global boron supply chain and disrupt the global boron market oligopoly
HESPERIA, CA / ACCESS Newswire / May 21, 2025 / 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 achieved another developmental milestone, completing equipment testing for all major processes of the commercial design for its large-scale boron facility. This disciplined approach now enables 5E to focus and transition the team's efforts towards updating the Company's technical report summary in the near term.
"Over the past three months, 5E and our EPC-partner Fluor have coordinated with various equipment manufacturers, third-party laboratories and our Small-Scale Facility team to test various aspects of our commercial design," stated Paul Weibel, Chief Executive Officer. "The testing has included crystallization, metal impurity removal, centrifuges, filtration, reverse osmosis, membrane technology, and dryer packages. As expected, our testing was highly successful and the results of which now position the Company to update our technical report summary and initiate a smooth transition to FEED engineering. We believe the successful testing at this phase in the process will carry significant merit during our project financing diligence as we position the Company to break up the global boron market's oligopoly. Our success will ensure that the United States no longer has a single point of supply chain failure and maintains a position of strength in the global boron market."
About 5E Advanced Materials, Inc.
5E Advanced Materials, Inc. (NASDAQ: FEAM) (ASX:5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production. The Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security. Boron and lithium products will target applications in the fields of electric transportation, clean energy infrastructure, such as solar and wind power, fertilizers, and domestic security. The business strategy and objectives are to develop capabilities ranging from upstream extraction and product sales of boric acid, lithium carbonate and potentially other co-products, to downstream boron advanced material processing and development. The business is based on our large domestic boron and lithium resource, which is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this press release regarding the Company's business strategy, plans, goals, and objectives, including regarding the expected closing date of the private placement transaction and the anticipated benefits of the private placement transaction, are forward-looking statements. When used in this press release, the words "believe," "project," "expect," "forecast," "anticipate," "estimate," "intend," "seek," "budget," "target," "aim," "strategy," "plan," "guidance," "outlook," "intent," "may," "should," "could," "will," "would," "will be," "will continue," "will likely result," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the extraction of the critical materials we intend to produce and advanced materials production and development. These risks include, but are not limited to: our limited operating history in the borates and lithium industries and no revenue from our proposed extraction operations at our properties; our need for substantial additional financing to continue as a going concern and to execute our business plan and our ability to access capital and the financial markets; our status as an exploration stage company dependent on a single project with no known Regulation S-K 1300 mineral reserves and the inherent uncertainty in estimates of mineral resources; our lack of history in mineral production and the significant risks associated with achieving our business strategies, including our downstream processing ambitions; our incurrence of significant net operating losses to date and plans to incur continued losses for the foreseeable future; risks and uncertainties relating to the development of the Fort Cady project, including our ability to timely and successfully complete our proposed Commercial Scale Boron Facility, and related matters on a timely manner or at all; our ability to obtain, maintain and renew required governmental permits for our development activities, including satisfying all mandated conditions to any such permits; the implementation of and expected benefits from certain reduced spending measures; and other risks and uncertainties set forth in our filings with the U.S. Securities and Exchange Commission from time to time. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. These risks are not exhaustive and the information in this press release may be subject to additional risks. No representation or warranty (express or implied) is made as to, and no reliance should be placed on, any information, including projections, estimates, targets, and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions, or misstatements contained herein. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as to the date of this press release.
For additional information regarding these various factors, you should carefully review the risk factors and other disclosures in the Company's Form 10-K filed on September 9, 2024 and subsequent filings with the U.S. Securities and Exchange Commission, as well as in its filings under the Australian Securities Exchange. Any forward-looking statements are given only as of the date hereof. Except as required by law, 5E expressly disclaims any obligation to update or revise any such forward-looking statements. Additionally, 5E undertakes no obligation to comment on third party analyses or statements regarding 5E's actual or expected financial or operating results or its securities.
For further information contact:
Nathan Skown or Joseph Caminiti
Alpha IR Group
FEAM@alpha-ir.com
Ph: +1 (312) 445-2870
SOURCE: 5E Advanced Materials, Inc.
View the original press release on ACCESS Newswire
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