HESPERIA, Calif., Nov. 21, 2024 (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 provides a shareholder update and review of the first quarter ended September 30, 2024. HIGHLIGHTS 5E has assessed and scoped its commercial phase design package to include calcium chloride production, which we anticipate will reduce Phase 1 commercial CAPEX by approximately 15% and improve project rates of return;5E's commercial progress is advancing with momentum as the Company has delivered its first full truckload ship

HESPERIA, Calif., Nov. 18, 2024 (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, announced today the Company's plans to host an Investor Update conference call after the market closes on Thursday, November 21st, 2024. The Company will host a live conference call and webcast to provide updates on key operational highlights, commercial development and strategic initiatives at 5:00 pm Eastern Time. The webcast will include a live Q&A session with 5E executive management. Interested parties can access the live webc

HESPERIA, Calif., Oct. 29, 2024 (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 Complex, announced the appointment of Kenneth Hoo to its commercial strategy team.   Mr. Hoo joins the Company as its Vice President of Commercial Products - APAC, bringing more than 17 years of borates industry experience to the organization, having held several roles in a sales capacity at the largest global borate producers, as well as consumers. Most recently, Mr. Hoo served as a Sales Manager at Rio Tinto where he specialized in a variety of pro

HESPERIA, Calif., Oct. 21, 2024 (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 Complex, is pleased to report positive progress at the Company's Small-Scale Facility ("SSF"). Highlights: Operational focus and rigor at the 5E Boron Americas complex have improved production rates, overall product quality, and consistencyImproved operating rates have driven an increase in calcium content, expanding 5E's commercial optionality regarding byproduct marketingEntered into a definitive agreement with the California Alternative Energy and

HESPERIA, Calif., Oct. 02, 2024 (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 Complex, announced the appointment of Mark Zamek to its senior leadership team. Mr. Zamek joins the Company as its Vice President of Commercial Products and brings more than 20 years of direct industry experience, having held various senior roles across Sales and Marketing functions at the largest global borate producers. Most recently, Mr. Zamek served as a consultant for Eti Maden where he advised the U.S.-focused boron operations on commercial strat

5E's project qualifies under the Export-Import Bank of the United States' Make More in America Initiative Letter of Interest will consider potential future funding of $285 million of 5E's project costs Initial program qualification is based on U.S. exports of boric acid and the number of U.S. jobs created HESPERIA, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company in southern California, announced that it received a non-binding Letter of Interest ("LOI") from the Export-Import Bank of the United States ("EXIM"). The LOI outlines the potential for the creation of a debt facility

HESPERIA, Calif., Sept. 04, 2024 (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 provided a shareholder update and review of the period ended June 30, 2024.   HIGHLIGHTS The Small-Scale Boron Facility has been producing boric acid, gathering data to further optimize the production process, and refining production efficiency, quality, and economicsThe Company's recent capital raise provides 5E with the runway to complete FEL-2 engineering, upgrade the current technical report to a Pre-Feasibility Study (

HESPERIA, Calif., Aug. 28, 2024 (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, announced today the Company will host a conference call after the market closes on Wednesday, September 4th, 2024 at 5:00 pm EST. For those joining from Australia, the live call will be on Thursday, September 5th, at 7:00 am Sydney. The webcast will include a live Q&A session with members 5E executive management. Interested parties can access the live webcast of the conference call on the Company's website at https://5eadvanc

HESPERIA, Calif., Aug. 26, 2024 (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 Complex, today announced that it has entered into a securities purchase agreement with a single institutional investor to purchase 5,333,333 shares of common stock in a registered direct offering at a price of $0.75 per share, along with Series A warrants to purchase up to an aggregate of 5,333,333 shares of common stock and Series B warrants to purchase up to an aggregate of 5,333,333 shares of common stock in a concurrent private placement. Each of th

HESPERIA, Calif., Aug. 13, 2024 (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 Complex, today announces its support for, and applauds the decision by Fastmarkets to relaunch its boric acid price assessments and data.   Fastmarkets, one of the most reputable cross-commodity price reporting agencies (PRA) across the global metals, mining, and new generation energy markets, relaunched its price assessments for technical grade boric acid. Fastmarkets expressed its intention to bring more transparency to the boron market, and these pr

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HESPERIA, Calif., Oct. 02, 2024 (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 Complex, announced the appointment of Mark Zamek to its senior leadership team. Mr. Zamek joins the Company as its Vice President of Commercial Products and brings more than 20 years of direct industry experience, having held various senior roles across Sales and Marketing functions at the largest global borate producers. Most recently, Mr. Zamek served as a consultant for Eti Maden where he advised the U.S.-focused boron operations on commercial strat

TORONTO, ON / ACCESSWIRE / June 27, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce the results of its annual and special meeting held on June 26, 2024 (the "Meeting"). At the Meeting, shareholders approved the appointment of Baker Tilly WM LLP, Chartered Accountants, as auditor of the Corporation, the expansion of the Board of Directors to seven persons and the election of all of management's nominees to the Board. Joining Steve Durbin, Dr. Henry Sandri, Megan McElwain, John Kutkevicius and Brian Savage on the Board are Dr. Quinton Hennigh and Tyson Hall, two individuals with strong backgrounds in, among other things, the mining,

HESPERIA, Calif., June 04, 2024 (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 Complex, today provided a business update regarding its executive leadership and organizational structure. Effective June 3, 2024, the Company announces the resignation of Chief Executive Officer Susan Brennan. The Company's Board of Directors (the "Board") expresses its gratitude for Ms. Brennan's dedicated service to 5E over the last 13 months. Ms. Brennan inherited a number of significant challenges upon stepping into the Chief Executive role. Ms. B

TORONTO, ON / ACCESSWIRE / June 3, 2024 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce that Dr. Quinton Hennigh and Mr. Tyson Hall will stand for election as directors at the Company's upcoming annual general and special meeting to be held on June 26, 2024 at 12 noon EST (the "Meeting"), along with incumbents Brian Savage (also CEO), Dr. Henry Sandri, John Kutkevicius, Megan McElwain and Steve Durbin."We are extremely pleased that Dr. Hennigh and Mr. Hall have agreed to join our board," said Oliver Lennox-King, Chair of EML. "The expansion of the EML board reflects the growth and strategic initiatives of the Company as we further advan

Additional notes expands the Company's runway for further refinement of active operational process development and expanded commercial arrangements Company provides additional updates on recent operational performance HESPERIA, Calif., May 28, 2024 (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 Complex, agreed to issue $6 million in additional senior secured convertible notes (the "Notes"). Bluescape Energy Partners and Ascend Global Investment Fund SPC will each purchase $3 million in additional Notes that will be initially con

HESPERIA, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- September 20, 2023 (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 that members of its senior management will be attending D. A. Davidson's 22nd Annual Diversified Industrials & Services Conference in Nashville, TN on Thursday, September 21st. 5E will be hosting one-on-one meetings with institutional investors that have registered to attend the event. Additionally, the Company will be participating in a fireside chat hosted by D.A. Davidson re

HESPERIA, Calif., June 05, 2023 (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, is pleased to announce the appointment of current CEO, Ms. Susan Seilheimer Brennan, as a director to the Board. Ms. Brennan recently joined the Company as Chief Executive Officer to lead the strategy of becoming a fully integrated and globally significant producer of boron, lithium and advanced materials, based in the United States of America. The appointment will leverage her leadership and operations experience to bolster the Boa

HIGHLIGHTS Update to initial assessment Technical Report Summary: Phased approach to scale production focused on achieving profitability and generating cash flowNew resource estimate reduces cut-off grade to 2% B2O3 (Boric Acid)Measured, Indicated and Inferred Resource with 13.97 million short tons boric acid and 0.31 million short tons of Lithium Carbonate (LCE) Technical Report Summary estimated Project Economics: US$101.2 million EBITDA and 62.1% EBITDA margin in FY 2027Post-tax NPV8 of US$2.4 billion and IRR of 22.6%Phase 1 Capital Estimate US$288 million before contingency and owner's cost Phase 1 targets production of 90,000 short tons of bori

HIGHLIGHTS 5E Advanced Materials appoints, an experienced global executive, Ms. Susan Seilheimer Brennan as Chief Executive Officer (CEO) Prior to her appointment at 5E Advanced Materials, Ms. Brennan was President and CEO of NYSE-listed Romeo Power (NYSE:RMO), a leader in advanced electrification solutions for commercial vehiclesThis appointment is an integral part of the 5E Advanced Materials business strategy to become a globally significant producer of boron and lithium HOUSTON, March 21, 2023 (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

HIGHLIGHTS Three new US based directors appointed to the BoardMs Patricia Mishic O'Brien, Mr H. Keith Jennings, and Mr Graham van't Hoff appointed Non-Executive DirectorsKey appointments to help steward the Company to its aspiration of becoming a globally significant US based producer of boron and lithium advanced materialsMs Mishic O'Brien brings over 25 years' experience in Chief Commercial Officer and Chief Marketing Officer roles in global specialties and advanced materials businessesMr H. Keith Jennings brings over 30 years of global finance experience across pharmaceuticals, genomics, chemicals, fuels and energy industriesMr van't Hoff had a 35 year career with Royal Dutch Shell PLC f

Top Stories for May 28, 2024 Gold Royalty (NYSE:GROY): The Vancouver-based company agreed to purchase a copper stream on the Vares Silver Project from Orion Mine Finance for $50 million. The payment includes $45 million in cash and $5 million in Gold Royalty shares.  The stream covers 100% of copper production from Vares’ Rupice deposit, with ongoing payments at 30% of the LME spot copper price.  First concentrate production began in February 2024, with commercial production expected in Q4 2024.  The Vares Project, operated by Adriatic Metals, has an 18-year mine life with plans to increase annual production to one million tons by 2026. BHP (NYSE:BHP) and Rio Tinto will

Additional notes expands the Company's runway for further refinement of active operational process development and expanded commercial arrangements Company provides additional updates on recent operational performanceHESPERIA, Calif., May 28, 2024 (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 Complex, agreed to issue $6 million in additional senior secured convertible notes (the "Notes"). Bluescape Energy Partners and Ascend Global Investment Fund SPC will each purchase $3 million in additional Notes that will be initially converti

Maxim Group analyst Tate Sullivan upgrades 5E Advanced Materials (NASDAQ:FEAM) from Hold to Buy and announces $4 price target.

BHP’s Settlement Vale (NYSE:VALE), BHP Group (NYSE:BHP) and their joint venture Samarco have offered Brazilian authorities a $24.88 billion settlement proposal for the 2015 Mariana dam disaster. The settlement includes $24.88 billion in total payments; $7.29 billion was already disbursed. The plan includes $14.08 billion for governments and $3.52 billion for future obligations, aiming for a final agreement by mid-2024.  This follows an initial 2016 agreement that established a foundation for reparations. Also Read: Elliott Management’s $1 Billion Anglo American Stake Ups Ante As Mining Megamerger Collapses 5E Achieves Milestone, CEO Says 5E Advanced Materials (NASDAQ:FEA

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 the Company's operations team has successfully achieved first production of boric acid and the Company amended its outstanding senior secured convertible notes to extend the waiver of the notes' cash covenant. First Production and Next StepsWith the first production batch of boric acid now achieved, 5E will continue to refine operating parameters to meet and exceed customer specifications. 5E anticipates beginning the customer qualification process with a variety of customer prospe

Top Stories for April 3, 2024: 1. 5E Advanced Materials (NASDAQ:FEAM) launched full commercial operations of its Boron Americas Complex designated as U.S. Critical Infrastructure for boron and lithium.  Key achievements include completing the facility’s commissioning, finalizing electrical work, accumulating over 50,000 gallons of PLS and verifying a 5.5% run-of-mine head grade via independent analysis.  The facility, now operational 24/7, aims to initially produce 2,000 short tons of boric acid and lithium carbonate, with plans to expand production to a run rate of 9,000 short tons in the future. This step forward enables customer product qualification for offtake contracts and

Top Stories for Feb. 26, 2024: 1. 5E Advanced Materials (NASDAQ:FEAM) is moving closer to initial production at its 5E Boron Americas Complex. Since the launch of the mining operations last month, the company has successfully run all four production wells to extract boric acid and lithium, with head grade and recovery rates in line with historical expectations. Final electrical engineering work is nearly complete, the personnel to run the plant are in place and the plant is on track to be commercially operational starting CY Q2 2024. Chief Executive Officer Susan Brennan said, “This is an exciting time for all stakeholders of the company as we finalize a number of initiatives that will s