Borate

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
Monday, March 4, 2024

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Lithium South Announces PEA Estimate US$934 Million Dollar NPV with an IRR of 31.6% and a 2.5 year Payback for HMN Lithium Project

Retrieved on: 
Monday, March 4, 2024

VANCOUVER, BC, March 4, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce positive results from an independent Preliminary Economic Assessment ("PEA") for its Hombre Muerto North Lithium Project ("HMN Lithium Project") near Salta, Argentina. The PEA was prepared by Knight Piésold Consulting ("KP") and JDS Energy and Mining ("JDS"), both of Vancouver, in accordance with the standards set out in National Instrument 43-101 Standards of disclosure for Mineral Projects ("NI 43-101"), and CIM's Best Practice Guidelines for Mineral Processing ("BPGMP").

Key Points: 
  • Company President and CEO, Adrian F. C. Hobkirk is quoted, "We are very pleased that Lithium South has advanced the HMN Lithium Project to a PEA based on 15,600 tonnes per year lithium carbonate technical grade production.
  • The PEA results highlight attractive economics associated with the project, including a short payback and exceptional Internal Rate of Return.
  • We look forward to taking the HMN Lithium Project to the next stage of development as quickly as possible."
  • The report has an updated lithium recovery process for the HMN Lithium Project brine, which uses industry proven evaporation.

5E Advanced Materials Completes Assignment of Salt Wells Project

Retrieved on: 
Tuesday, May 23, 2023

The new agreement with Osmond provides optionality for 5E to retain an interest in the greenfield Salt Wells Project while deferring additional spending requirements to Osmond in the near term.

Key Points: 
  • The new agreement with Osmond provides optionality for 5E to retain an interest in the greenfield Salt Wells Project while deferring additional spending requirements to Osmond in the near term.
  • Additionally, 5E obtained a right of first refusal to act as the exclusive sales and marketing agent for the sale of all borates produced from the Salt Wells Project.
  • Susan Brennan, Chief Executive Officer of 5E Advanced Materials, commented, “We are pleased to have reached this assignment agreement with Osmond relating to the exploration of the Salt Wells Project, as it serves several strategic advancements for our Company.
  • We remain advantageously positioned, possessing a premier resource to develop, scale, and integrate boron advanced materials here in the U.S.”

Major Plywood Market Trends: Companies In The Market Are Adopting Sustainable Manufacturing Processes To Reduce Environmental Impact - By The Business Research Company

Retrieved on: 
Wednesday, May 17, 2023

LONDON, May 17, 2023 /PRNewswire/ -- As per The Business Research Company's Plywood Global Market Report 2023, the global plywood market size is expected to grow from $54.7 billion in 2022 to $59.6 billion in 2023 at a compound annual growth rate (CAGR) of more than 8%. The plywood market size is then expected to grow to $85.2 billion in 2027 at a compound annual growth rate (CAGR) of more than 9%. Going forward, the government support, the rising renovation activities, the rising urbanization and an increasing demand for wooden furniture will drive the plywood wholesale market.

Key Points: 
  • The plywood market size is then expected to grow to $85.2 billion in 2027 at a compound annual growth rate (CAGR) of more than 9%.
  • Going forward, the government support, the rising renovation activities, the rising urbanization and an increasing demand for wooden furniture will drive the plywood wholesale market.
  • The global plywood market is highly fragmented, with a large number of small players operating in the market.
  • According to TBRC's plywood market research , manufacturers operating in the plywood global market are focusing on developing zero-emission plywood to minimize the environmental impact and increase their market share.

Asia Industrial Minerals Company Directory 2023 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 25, 2023

The "Asian Industrial Minerals Directory 2023" directory has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asian Industrial Minerals Directory 2023" directory has been added to ResearchAndMarkets.com's offering.
  • The Asian Industrial Minerals Directory is the best data source for obtaining minerals available.
  • The Asian Industrial Minerals Directory has now become the ultimate companion for today's mineral buyers.
  • The Asian Industrial Minerals Directory is the best data source for obtaining minerals available.

5E Advanced Materials Signs Letter of Intent With Estes Energetics to Collaborate in Producing Boron Based Materials for Solid Rocket Motors

Retrieved on: 
Tuesday, December 13, 2022

HOUSTON, Dec. 13, 2022 (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 (Fort Cady) Complex, has entered into a non-binding letter of intent (“LOI”) with Estes Energetics to collaborate in producing boron advanced materials for solid rocket motors to support the U.S. space and military industries.

Key Points: 
  • 5E signs Letter of Intent with Estes Energetics to collaborate in producing boron advanced materials for solid rocket motors to support the U.S. space and military industries
    Estes Energetics is a U.S. based company and supplier to the U.S. Department of Defense
    HOUSTON, Dec. 13, 2022 (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 (Fort Cady) Complex, has entered into a non-binding letter of intent (“LOI”) with Estes Energetics to collaborate in producing boron advanced materials for solid rocket motors to support the U.S. space and military industries.
  • Under the terms of the LOI, 5E and Estes will work towards a binding agreement for the supply of boron advanced materials, which are used in the manufacture of solid rocket motor ignitors.
  • Estes Energetics was spun off from Estes Industries, who is the world leader in model rocketry with more than 60 years of experience producing solid-propellant rocket motors.
  • Boron advanced materials complement our existing manufacturing and research efforts in critical chemicals and solid rocket motors.

5E Advanced Materials Reports First Quarter 2023 Results

Retrieved on: 
Thursday, November 10, 2022

HOUSTON, Nov. 10, 2022 (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 (Fort Cady) Complex, today announced its financial results for the quarter ended September 30, 2022. The Company also invites shareholders and interested parties to a pre-recorded Investor briefing to be released on the Company’s website on Wednesday, November 16, 2022 at 4:30pm EST.

Key Points: 
  • 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production.
  • The Companys mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security.
  • Except as required by law, 5E expressly disclaims any obligation to update or revise any such forward-looking statements.
  • Additionally, 5E undertakes no obligation to comment on third party analyses or statements regarding 5Es actual or expected financial or operating results or its securities.

Europe and Middle East & Africa Antifreeze Market Report 2022: Increasing Vehicle Production and Aftermarket for Antifreeze and Engine Coolants Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 12, 2022

The major factor driving Europe and Middle East & Africa antifreeze market is the increasing vehicle production and aftermarket for antifreeze and engine coolants.

Key Points: 
  • The major factor driving Europe and Middle East & Africa antifreeze market is the increasing vehicle production and aftermarket for antifreeze and engine coolants.
  • Further, environment-friendly and bio-based antifreeze products will offer lucrative opportunities for Europe and Middle East & Africa antifreeze market growth.
  • However, the volatility in the raw material prices is expected to restrain Europe and Middle East & Africa antifreeze market growth during the forecast period.
  • Based on geography, the Europe and Middle East & Africa antifreeze market has been segmented into Europe and the Middle East & Africa.

5E Advanced Materials to Commence Process to Recruit New CEO

Retrieved on: 
Wednesday, September 28, 2022

Mr. Anthony Hall will lead the Company effective November 1, 2022 until the appointment of a new CEO is confirmed.

Key Points: 
  • Mr. Anthony Hall will lead the Company effective November 1, 2022 until the appointment of a new CEO is confirmed.
  • The strong leadership team assembled during his tenure will continue executing the Companys strategy to become a fully integrated global leader in boron and lithium advanced materials.
  • 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) is focused on becoming a vertically integrated global leader and supplier of boron specialty and advanced materials, complemented by lithium co-product production.
  • Except as required by law, 5E expressly disclaims any obligation to update or revise any such forward-looking statements.

5E Advanced Materials Announces Inclusion in the Russell 2000®, Russell 3000®, and Russell Microcap® Indexes

Retrieved on: 
Monday, June 13, 2022

HOUSTON, June 13, 2022 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (Nasdaq: FEAM) (ASX: 5EA) (“5E,” “We,” “Our,” or the “Company”) today announced that the Company’s FEAM stock has been selected for inclusion in the Russell 2000® Index, Russell 3000® Index, and Russell Microcap® Index effective after the U.S. market opens on June 27, 2022.

Key Points: 
  • Annual reconstitution of Russell U.S. indexes captures the 4,000 largest U.S. stocks as of May 6, 2022, ranking them by total market capitalization.
  • FTSE Russell, a leading global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • Commenting on Inclusion in Russell Indexes, President and CEO, Mr Henri Tausch noted:
    We are pleased that 5E has been selected for inclusion in the Russell indexes as they represent some of the most widely cited indexes for U.S. companies.