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Day: October 8, 2023

5E Advanced Materials Commences Step-Rate Testing Following Approval from the Environmental Protection Agency

Written by Customer Service on . Posted in Public Companies.

Step-Rate Testing (SRT) will commence on October 9, 2023, a condition under the Company’s Underground Injection Control (UIC) permit HESPERIA, Calif., Oct. 08, 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 the commencement of Step-Rate Testing (“SRT”) under its existing Underground Injection Control (UIC) permit following recent approval from the Environmental Protection Agency (“EPA”). This specific testing, which seeks to establish the porosity of the ore body and measure the fracture gradient, will form a base-line parameter for operation of the wellfield. The SRT program will span approximately twelve days, during which a...

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