Investing in Clean Energy
5E Advanced Materials has launched commercial production of boric acid and lithium carbonate from its Mojave Desert facility, revitalizing a historical boron deposit discovered in the 1960s. As a key player in the oligopolistic boron market, where two companies control 85% of the global supply, 5E is poised to diversify and strengthen the supply chain with their U.S.-based operations. Their production not only supports essential manufacturing sectors but also meets increasing demands for lithium used in electric vehicles and renewable energy storage, marking a significant step towards sustainable mineral extraction and supply security.
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