5E Advanced Materials Announces Resources Upgrade At Its Fort Cady Project In Mojave Desert Near Springs, California
Benzinga Newsdesk 11 months ago
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5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:FEAM)(ASX:5EA), a development stage company focused on becoming a vertically integrated global leader and supplier of refined borates, advanced boron derivative
5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:FEAM)(ASX:5EA), a development stage company focused on becoming a vertically integrated global leader and supplier of refined borates, advanced boron derivative materials, and critical minerals, today announced a material increase to its borate and lithium resources for the Company's Fort Cady Project (the "Project") located in the Mojave Desert, near the town of Newberry Springs, California.
The mineral resources upgrade demonstrates the largest reported measured and indicated borate resources in the United States and further positions the Company to become the next commercial borate producer.