5E Advanced Materials, Inc. Chess Depositary Interest (5EA)

Overview

5E Advanced Materials, Inc. operates as an exploration stage company dedicated to the exploration and development of mineral properties within the United States. With a primary focus on borates and lithium deposits, the company asserts a prominent presence in the mining industry. It holds complete ownership of the Fort Cady project situated in the Mojave Desert region, eastern San Bernardino County, California. Additionally, 5E Advanced Materials, Inc. has secured a 100% earn-in agreement for the Salt Wells Projects, which spans across 14 square miles and is located in Churchill County, Nevada. Initially known as American Pacific Borates Limited, the company underwent rebranding and was reincorporated in 2021, positioning its headquarters in Hesperia, California.

Products and Services

• Borates Exploration and Development

  Engages in the discovery and development of borate minerals which are crucial in numerous industrial applications including glass and ceramics manufacturing, agriculture, detergents, and as a component in fiberglass. The Fort Cady project, a cornerstone of 5E Advanced Materials, Inc., represents one of the key activities under this category.

• Lithium Deposits Exploration and Development

  Focused on the exploration and potential future development of lithium deposits. Lithium is a critical element used in the production of batteries for electric vehicles, portable electronics, and renewable energy storage solutions. The Salt Wells Projects in Nevada exemplify the company's commitment to contributing to the lithium supply chain, reflecting the increasing demand for lithium-powered technology.