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5E Advanced Materials Provides CAPEX and OPEX Optimization Update With Continued Production Progress
Newsfilter· 2024-07-22 11:00
With production rates expected to ramp, line of sight on the next phase of customer qualification, and the optimization work currently in process near completion, the Company will prioritize its FEL2 engineering program with targeted completion in early 2025. Included in the scope of the FEL2 program is a capital estimate of +/- 25% for the 90,000 short ton per annum facility, which will drive an updated technical report summary and pre-feasibility report. For additional information regarding these various ...
5E Advanced Materials Provides CAPEX and OPEX Optimization Update With Continued Production Progress
GlobeNewswire News Room· 2024-07-22 11:00
Key Highlights At the end of June, the Company commenced its customer qualification program after producing commercial grade boric acid. To clear customer qualification, boric acid requires little to no moisture and impurities, as well as a specific particle size. Once initial production was achieved, the following 60 days were dedicated to refining the process to meet these customer specifications. After successful bench trials, the Company's technical and operations team made the necessary plant modificat ...
5E Advanced Materials Initiates Customer Qualification Program With Shipment of First Boric Acid Samples
GlobeNewswire News Room· 2024-07-01 11:00
Recent Boric Acid Samples from the 5E Boron Americas Complex HESPERIA, Calif., July 01, 2024 (GLOBE NEWSWIRE) -- 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 initiated its customer qualification program, shipping samples of the Company's boric acid to multiple customers. This key advancement is expected to facilitate further com ...
5E Advanced Materials to Hold Stockholder Call June 6, 2024
Newsfilter· 2024-06-06 21:01
Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available at https://events.6ix.com/preview/5e-advanced-materials-market-update. A replay of the webcast will be available on the Company's Investor Relations section of its website within 24 hours of completion. 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced ...
5E Advanced Materials to Hold Stockholder Call June 6, 2024
GlobeNewswire News Room· 2024-06-06 21:01
Investors, analysts and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available at https://events.6ix.com/preview/5e-advanced-materials-market-update. A replay of the webcast will be available on the Company's Investor Relations section of its website within 24 hours of completion. About 5E Advanced Materials, Inc. 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is focused on becoming a vertically integrated global leader and suppli ...
5E Advanced Materials Announces Agreement to Sell $6 Million of Additional Convertible Notes
Newsfilter· 2024-05-28 13:00
Additional notes expands the Company's runway for further refinement of active operational process development and expanded commercial arrangements Company provides additional updates on recent operational performance HESPERIA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- 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, agreed to issue $6 million in additional sen ...
5E Advanced Materials Announces Agreement to Sell $6 Million of Additional Convertible Notes
globenewswire.com· 2024-05-28 13:00
Additional notes expands the Company's runway for further refinement of active operational process development and expanded commercial arrangements Company provides additional updates on recent operational performance HESPERIA, Calif., May 28, 2024 (GLOBE NEWSWIRE) -- 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, agreed to issue $6 million in additional sen ...
5E Advanced Materials Announces First Boric Acid Production and Extended Waiver of Cash Covenant
Newsfilter· 2024-04-29 12:10
HESPERIA, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- 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 the Company's operations team has successfully achieved first production of boric acid and the Company amended its outstanding senior secured convertible notes to extend the waiver of the notes' cash covenant. First Production and Next Steps Wit ...
5E Advanced Materials(FEAM) - 2024 Q3 - Quarterly Report
2024-04-29 10:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-41279 5E ADVANCED MATERIALS, INC. (Exact name of Registrant as specified in its Charter) Delaware 87-3426517 (State or other jur ...
5E Advanced (FEAM) Begins Production at Boron Americas Complex
Zacks Investment Research· 2024-04-04 11:36
5E Advanced Materials, Inc. (FEAM) has stated that its operations team successfully commissioned the 5E Boron Americas Complex and began full commercial operations. The company started well-field injection on Jan 1, 2024.The 5E Boron Americas Complex is operating after completing its commissioning.  External engineering contractors completed the final electrical work on Mar 15. The total amount of Portable Liquid Storage (“PLS”) collected since mining began is more than 50,000 gallons. The inductively coupl ...