Nevada Lithium Applauds Boron's Addition to 2025 US Critical Minerals List

Core Insights - Nevada Lithium Resources Inc. has announced that boron has been added to the U.S. Critical Minerals List for 2025, alongside lithium, enhancing the significance of its Bonnie Claire Lithium Project [1][3] - The Bonnie Claire Project is expected to generate revenue from both lithium and boron, with additional potential for cesium and rubidium recovery [2][6] - The inclusion of boron on the Critical Minerals List opens opportunities for Nevada Lithium to access U.S. government funding programs aimed at critical minerals development [3][4] Group 1: Project Overview - The Bonnie Claire Lithium 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 project has a significant boron resource estimate of 85.654 million tonnes (Inferred) and 16.973 million tonnes (Indicated) of boric acid equivalent in the high-grade Lower Zone [10][13] - The production of boric acid is expected to reduce lithium carbonate production costs by $1,973 per tonne [7] Group 2: Financial and Economic Aspects - The One Big Beautiful Bill Act of 2025 has authorized $5 billion for investments in critical minerals supply chains and up to $100 billion in loans for related projects [4] - Bonnie Claire's investment metrics indicate a 32.3% internal rate of return (IRR) and a capital payback period of 2.8 years [29] - The project benefits from a $1,973 per tonne boric acid by-product credit, which contributes to a $6,777 per tonne operating cost for lithium carbonate [29] Group 3: Additional Mineral Recovery Potential - The company is exploring the recoverability of cesium and rubidium, which coexist with lithium and boron in the Lower Zone [9][19] - The correlation between cesium, rubidium, lithium, and boron grades has been established, indicating potential for enhanced profitability [22][23] - The presence of cesium and rubidium could lead to the establishment of new supply chains that align with U.S. government interests [9]