5E Advanced Materials, Inc reports the continuation of plant commissioning activities at the 5E Boron Americas Complex.
In a statement, 5E said it comes as 5E targets becoming the first new producer of boron this century and the next lithium producer based in the United States.
According to 5E, the Company is on track to commence boron production by the end of Q1 CY2023 and lithium production by the end of Q2 CY2023.
Boron at the Centre of Three global Mega-Trends
Adertisement
The element has a wide range of critical and non-substitutable applications, including:
- Decarbonisation
- Energy generation (wind, solar, nuclear)
- Energy efficiency (Fibreglass insulation and fire retardants)
- Transportation Electrification (NdFeB permanent magnet motors, boron steel, and batteries)
- Food Security
- Boron is a micronutrient that is used to boost crop output
- Boron-based fertilisers are currently in widespread usage commercially
- Domestic Supply
- Ensuring a domestic supply of a critical mineral in the United States
- Semiconductors, armour and defence use, aerospace and sophisticated ceramics, and pharmaceuticals are all examples of decarbonisation applications.
