BORON MINING

Ulexite, a boron mineral found in the American southwest, is recognized for its intense, pearly white color. This stone first garnered attention in 1840 and is named after the German chemist George Ludwig Ulex, who first explained its chemical composition.

Scientists and mining professionals know boron as a strategic mineral that powers advanced energy and serve multiple industrial, agricultural, and household applications. But there is another Boron, a town called boron in California. Many of the population of Boron work at the U.S. Borax mine nearby, after which the town was renamed.

Bolivia is one of the largest producers of borates globally after Turkey, the USA, Chile, and Argentina. Extraction and production of ulexite is the main activity centered around the south of the country, with both public and private companies involved. Exports are mostly sodium borates and boric acid, with Brazil and China among the largest buyers.

Rio Tinto is keen to reopen discussions with the Serbian government about the future of its $2.4 billion Jadar lithium project, which was on hold ahead of election.

Critical mineral boron is used in various applications, from agriculture to nuclear power. It's also one of the few minerals we don't have enough. As with other strategic minerals, obtaining a license for production is hard given the environmental impact on the land.

FEAM - 5E advanced materials - has made a significant breakthrough and has begun construction on its Small Scale Boron Facility (SSBF) with a leading publicly traded contractor in the US.