Latest news with #boron
Yahoo
30-06-2025
- Business
- Yahoo
Ioneer begins strategic search for partner in US lithium-boron project
Ioneer has initiated the formal strategic partnering process to identify an equity partner to expedite the development and production commencement of its Rhyolite Ridge lithium-boron project in the US state of Nevada. The decision follows the completion of significant milestones, including an ore reserve upgrade and updated project economics. Goldman Sachs is providing financial advisory services to assist Ioneer throughout this process, which is anticipated to last a minimum of four months. The Rhyolite Ridge project stands out in the global lithium and boron markets owing to its unique lithium-boron deposit. It facilitates the production of high-purity chemicals directly at the mine site. The project has dual revenue streams, with lithium accounting for 75% and boron for the remaining 25%. It also features strong project economics, with all-in sustaining costs projected to be in the lowest quartile of the global lithium cost curve. Rhyolite Ridge also benefits from being a permitted, large mineral resource and ore reserve. The project has garnered substantial support from both public and private sectors and is considered shovel-ready with a Class 2 capital cost estimate and 70% of engineering completed. Adding to its financial readiness, Ioneer has secured a $996m loan from the US Department of Energy Loan Programs Office. The loan includes capitalised interest during construction of $28m and conditions to the first draw. This financial backing is complemented by existing lithium and boron offtake agreements with partners, positioning the project for expansion. In June 2025, Ioneer received firm commitments to raise $16m through a placement of new shares to advance the Rhyolite Ridge project. "Ioneer begins strategic search for partner in US lithium-boron project" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
29-06-2025
- Business
- Yahoo
ioneer (IONR) Formally Begins Strategic Partnering Process
ioneer Ltd (NASDAQ:IONR) is one of the 7 Best ASX Stocks to Buy Now. On June 26, ioneer Ltd (NASDAQ:IONR) announced the formal beginning of the strategic partnering process. This is expected to take a minimum of 4 months. After the completion of recent critical work, which includes a major ore reserve upgrade and updated Project economics, the company launched a formal strategic partnering process. This is to identify an equity partner who can help in accelerating the development of Rhyolite Ridge and advancing the Project into production. A miner hard at work, extracting raw lithium from a mineral resource. ioneer Ltd (NASDAQ:IONR) stated that the Rhyolite Ridge Project happens to be unique in the global lithium and boron sectors, and possesses a strong and resilient project economics with all-in sustaining costs anticipated to be in the lowest quartile of the global lithium cost curve. Furthermore, the key characteristics include the dual revenue from lithium (75%) and boron (25%), and the unique lithium-boron deposit, which allows for the production of high-purity chemicals at the mine site. ioneer Ltd (NASDAQ:IONR) has also announced a non-underwritten share purchase plan, aiming to garner up to ~A$5.0 million. This follows the company's successful completion of ~A$25 million institutional placement to eligible sophisticated and institutional investors. The consensus price target of ioneer Ltd (NASDAQ:IONR)'s stock stood at $5.68. While we acknowledge the potential of IONR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than IONR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
Boron One Announces Closing of Financing
VICTORIA, BC / / June 19, 2025 / Boron One Holdings Inc. ("Boron One" or the "Company") [TSXV:BONE]") is pleased to announce that the Company has accepted subscriptions for 4,120,000 units at a price of $0.05 per unit, for gross proceeds of $206,000. Each unit is comprised of one common share and one common share purchase warrant, exercisable at $0.05 for one year, and $0.07 for 2 further years. The Common Shares and Warrants comprising the Units will be subject to a four-month and one day hold period in accordance with the policies of the TSX Venture Exchange and applicable securities legislation. The Company intends to use net proceeds of the Private Placement for working capital requirements. The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the TSX Venture Exchange. On behalf of the Board of Directors,Tim Daniels, President About Boron One Holdings Inc. Boron One Holdings Inc. is an international mineral exploration and development company with boron assets in Serbia. Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange under the symbol "BONE". For detailed information please see Boron One's website at or the Company's filed documents at For further information, please contact:Boron One Holdings Fallis, General ManagerPhone: 1-250- 384-1999 or 1-888-289-3746info@ Boron's Public Quotations:CanadaTSX Venture: BONEBerlin: EKVUS: SEC 12G3-2(B) #82-4432ERVFFOTCBB: ERVFF Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE: Boron One Holdings Inc. View the original press release on ACCESS Newswire
Associated Press
02-06-2025
- Business
- Associated Press
5E Advanced Materials to Participate in the MicroCap Rodeo Conference on June 4, 2025
HESPERIA, CA / ACCESS Newswire / June 2, 2025 / 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 Complex, announced today that Chief Executive Officer Paul Weibel will present at the MicroCap Rodeo Conference on Wednesday, June 4, 2025, in New York City. In addition to the live presentation, management will host one-on-one meetings with investors registered to attend the event. The presentation will begin at 2:30 p.m. ET on June 4. Investors interested in viewing the webcast can register here. The webcast and associated presentation can also be accessed through the investor section of the Company's website at: For more details about the MicroCap Rodeo Conference in New York City, please visit About 5E Advanced Materials, Inc. 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 Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security. Boron and lithium products will target applications in the fields of electric transportation, clean energy infrastructure, such as solar and wind power, fertilizers, and domestic security. The business strategy and objectives are to develop capabilities ranging from upstream extraction and product sales of boric acid, lithium carbonate and potentially other co-products, to downstream boron advanced material processing and development. The business is based on our large domestic boron and lithium resource, which is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency. Forward-Looking Statements This press release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this press release regarding the Company's business strategy, plans, goals, and objectives, including regarding the anticipated changes to the Company's board of directors and management and anticipated benefits, are forward-looking statements. When used in this press release, the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'budget,' 'target,' 'aim,' 'strategy,' 'plan,' 'guidance,' 'outlook,' 'intent,' 'may,' 'should,' 'could,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the extraction of the critical materials we intend to produce and advanced materials production and development. These risks include, but are not limited to: our limited operating history in the borates and lithium industries and no revenue from our proposed extraction operations at our properties; our need for substantial additional financing to execute our business plan and our ability to access capital and the financial markets; our status as an exploration stage company dependent on a single project with no known Regulation S-K 1300 mineral reserves and the inherent uncertainty in estimates of mineral resources; our lack of history in mineral production and the significant risks associated with achieving our business strategies, including our downstream processing ambitions; our incurrence of significant net operating losses to date and plans to incur continued losses for the foreseeable future; risks and uncertainties relating to the development of the Fort Cady project, including our ability to timely and successfully complete our proposed Commercial Scale Boron Facility; our ability to obtain, maintain and renew required governmental permits for our development activities, including satisfying all mandated conditions to any such permits; the implementation of and expected benefits from certain reduced spending measures, and other risks and uncertainties set forth in our filings with the U.S. Securities and Exchange Commission from time to time. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. These risks are not exhaustive and the information in this press release may be subject to additional risks. No representation or warranty (express or implied) is made as to, and no reliance should be place on, any information, including projections, estimates, targets, and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions, or misstatements contained herein. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as to the date of this press release. For additional information regarding these various factors, you should carefully review the risk factors and other disclosures in the Company's Form 10-K filed on September 9, 2024 and subsequent filings with the U.S. Securities and Exchange Commission throughout the year, as well as in its filings under the Australian Securities Exchange. Any forward-looking statements are given only as of the date hereof. 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 5E's actual or expected financial or operating results or its securities. For further information contact: Joseph Caminiti or Nathan Skown Alpha IR Group [email protected] Ph: +1(312) 445-2870 SOURCE: 5E Advanced Materials, Inc. press release
Associated Press
21-05-2025
- Business
- Associated Press
5E Advanced Materials Completes Next Milestone
Company successfully completes major equipment and process flow testing for the commercial design of its large-scale boron facility 5E's project advancements positions the United States to maintain position of strength in the global boron supply chain and disrupt the global boron market oligopoly HESPERIA, CA / ACCESS Newswire / May 21, 2025 / 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 Complex, today announced that it has achieved another developmental milestone, completing equipment testing for all major processes of the commercial design for its large-scale boron facility. This disciplined approach now enables 5E to focus and transition the team's efforts towards updating the Company's technical report summary in the near term. 'Over the past three months, 5E and our EPC-partner Fluor have coordinated with various equipment manufacturers, third-party laboratories and our Small-Scale Facility team to test various aspects of our commercial design,' stated Paul Weibel, Chief Executive Officer. 'The testing has included crystallization, metal impurity removal, centrifuges, filtration, reverse osmosis, membrane technology, and dryer packages. As expected, our testing was highly successful and the results of which now position the Company to update our technical report summary and initiate a smooth transition to FEED engineering. We believe the successful testing at this phase in the process will carry significant merit during our project financing diligence as we position the Company to break up the global boron market's oligopoly. Our success will ensure that the United States no longer has a single point of supply chain failure and maintains a position of strength in the global boron market.' About 5E Advanced Materials, Inc. 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 Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, food and domestic security. Boron and lithium products will target applications in the fields of electric transportation, clean energy infrastructure, such as solar and wind power, fertilizers, and domestic security. The business strategy and objectives are to develop capabilities ranging from upstream extraction and product sales of boric acid, lithium carbonate and potentially other co-products, to downstream boron advanced material processing and development. The business is based on our large domestic boron and lithium resource, which is located in Southern California and designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency. Forward Looking Statements This press release includes 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included in this press release regarding the Company's business strategy, plans, goals, and objectives, including regarding the expected closing date of the private placement transaction and the anticipated benefits of the private placement transaction, are forward-looking statements. When used in this press release, the words 'believe,' 'project,' 'expect,' 'forecast,' 'anticipate,' 'estimate,' 'intend,' 'seek,' 'budget,' 'target,' 'aim,' 'strategy,' 'plan,' 'guidance,' 'outlook,' 'intent,' 'may,' 'should,' 'could,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on the Company's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the extraction of the critical materials we intend to produce and advanced materials production and development. These risks include, but are not limited to: our limited operating history in the borates and lithium industries and no revenue from our proposed extraction operations at our properties; our need for substantial additional financing to continue as a going concern and to execute our business plan and our ability to access capital and the financial markets; our status as an exploration stage company dependent on a single project with no known Regulation S-K 1300 mineral reserves and the inherent uncertainty in estimates of mineral resources; our lack of history in mineral production and the significant risks associated with achieving our business strategies, including our downstream processing ambitions; our incurrence of significant net operating losses to date and plans to incur continued losses for the foreseeable future; risks and uncertainties relating to the development of the Fort Cady project, including our ability to timely and successfully complete our proposed Commercial Scale Boron Facility, and related matters on a timely manner or at all; our ability to obtain, maintain and renew required governmental permits for our development activities, including satisfying all mandated conditions to any such permits; the implementation of and expected benefits from certain reduced spending measures; and other risks and uncertainties set forth in our filings with the U.S. Securities and Exchange Commission from time to time. Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, our actual results and plans could differ materially from those expressed in any forward-looking statements. These risks are not exhaustive and the information in this press release may be subject to additional risks. No representation or warranty (express or implied) is made as to, and no reliance should be placed on, any information, including projections, estimates, targets, and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions, or misstatements contained herein. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as to the date of this press release. For additional information regarding these various factors, you should carefully review the risk factors and other disclosures in the Company's Form 10-K filed on September 9, 2024 and subsequent filings with the U.S. Securities and Exchange Commission, as well as in its filings under the Australian Securities Exchange. Any forward-looking statements are given only as of the date hereof. 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 5E's actual or expected financial or operating results or its securities. For further information contact: Nathan Skown or Joseph Caminiti Alpha IR Group [email protected] Ph: +1 (312) 445-2870 SOURCE: 5E Advanced Materials, Inc. press release
