5E Advanced Materials announced that 14 customers have successfully qualified 5E’s boric-acid product. Additional customers have requested product or are in advanced phases of the testing process. Customers that have qualified our product represent a diverse group of industries and market segments such as specialty glass, textile fiberglass, ceramics, insulation, agriculture, defense and chemicals. Testing programs to date have included laboratory evaluation, field trials, and truckload-scale shipments. This progress supports the Company’s strategy to build a multi-market customer base across multiple high value sectors.
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