Commercial Milestones And Project FinancingSuccessful boric acid shipments, a formal engineering loan application with EXIM Bank, and significant cost reductions advance commercial validation and lower the funding required to reach full-scale production.
Government Funding And Critical Mineral DesignationFederal recognition of boron as a critical mineral improves eligibility for U.S. government funding programs and reduces project execution risk by increasing public-sector support options.
Resource Upgrade And Mine LifeUpdated resource estimate materially expands Measured and Indicated borate resources and indicates a multi-century mine life, enhancing the project's long-term production optionality.