5E Advanced Metals updates on mining operations at 5E Boron Americas Complex

The company states: “5E Advanced Materials, a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas Complex, announced that mining operations at the Company’s 5E Boron Americas Complex are successfully running all four wells, and has confirmed the presence of lithium in the Pregnant Leach Solution and an increasing head grade of the boric acid content. The Company has been operating the mine in California since January 1st, 2024, and is producing initial results that are meeting or exceeding expectations.” Chris Knight, Vice President of Operations at 5E Advanced Materials, stated, “We are thrilled with our initial results confirming lithium content and a consistently increasing boric acid head grade. This marks another crucial step in validating all our mining assumptions and confirms the overall value of our ore body. 5E has already started off 2024 with great momentum. We immediately launched operations across our wellfield, and the Company’s contractors are finalizing the remaining areas of the processing plant, which will help to keep the 5E on its planned operational schedule. As we move forward through the year, we will aim to continue executing against our strategic and operational milestones.”