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$5E Advanced (FEAM.US)$ 5E Advanced Materials (NASDAQ:FEAM) launched full commercial operations of its Boron Americas Complex designated as U.S. Critical Infrastructure for boron and lithium.
Key achievements include completing the facility's commissioning, finalizing electrical work, accumulating over 50,000 gallons of PLS and verifying a 5.5% run-of-mine head grade via independent analysis.
The facility, now operational 24/7, aims to initially produce 2,000 short tons of boric acid and lithium carbonate, with plans to expand production to a run rate of 9,000 short tons in the future.
This step forward enables customer product qualification for offtake contracts and secures funding for phase one operations, with the Lithium Skid Unit expected to be integrated soon.
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