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Nevada Lithium Applauds Boron’s Addition to 2025 US Critical Minerals List
Globenewswire·2025-11-11 12:00

Core Insights - The inclusion of boron in the 2025 U.S. Critical Minerals List enhances the Bonnie Claire Lithium Project's potential to generate revenue from both lithium and boron, which are critical to U.S. government interests [1][2][5] - The project is also exploring the recovery of cesium and rubidium, which could further increase profitability and align with U.S. government supply chain interests [2][9] Group 1: Project Overview - The Bonnie Claire Lithium Project is 100% owned by Nevada Lithium and is located in Nevada, hosting the largest boron resource in the state [1][28] - The project is projected to produce over 62,000 tonnes of lithium carbonate and 129,000 tonnes of boron annually over a 61-year mine life [6][29] - The current boron resource estimate includes 85.654 million tonnes of boric acid equivalent (Inferred) and 16.973 million tonnes (Indicated) in the high-grade Lower Zone [10] Group 2: Economic Implications - The One Big Beautiful Bill Act of 2025 authorizes $5 billion for investments in critical minerals supply chains and up to $100 billion in loans for related projects, which could benefit Nevada Lithium [4] - The production of boric acid is expected to reduce production costs of lithium carbonate by $1,973 per tonne, enhancing the project's economic viability [7][29] Group 3: Mineral Recovery Potential - The coexistence of high-grade lithium, boron, cesium, and rubidium in the Lower Zone presents opportunities for additional mineral recovery [8][17] - Preliminary Economic Assessment (PEA) indicates a strong correlation between cesium, rubidium, lithium, and boron grades, suggesting efficient recovery potential [22][23] Group 4: Future Prospects - The company is actively working to determine the recoverability of cesium and rubidium, which could lead to new supply chains of interest to the U.S. government [9][29] - The Bonnie Claire property remains largely unexplored, with significant potential for resource expansion in three directions [29]