5E Advanced Materials FEAM Earnings Transcript

The global borates market remains structurally tight with Turkey controlling approximately 70% of global reserves and approximately 65% of global production. Turkey is to boron what China is to rare earths. The U.S. legacy supply continues to face rising costs, declining grades, and limited flexibility, while demand for boron-based materials continues to expand across energy transition technologies, advanced manufacturing, national defense, and high-performance glass and ceramics. What has become increasing ...