5E Advanced Materials, Inc. (Nasdaq: FEAM | ASX: 5EA), a boron and lithium company has commenced Step-Rate Testing under its existing Underground Injection Control permit following recent approval from the Environmental Protection Agency.
“The commencement of Step-Rate Testing marks a significant milestone in our development sequence and an encouraging step towards operational production and mineral extraction, bringing 5E closer to becoming the first new boric acid producer in decades.” said Susan Brennan, CEO at 5E Advanced Materials.
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 programme will span approximately twelve days, during which a series of water injections will take place in accordance with the EPA-approved testing protocol. Additionally, this testing will also allow the company to update its groundwater flow model, which will be utilized in future engineering and wellfield design work.
Upon completion of Step-Rate Testing, the raw data and reports from the hydrogeologist will be provided to and reviewed by the EPA. Following the EPA’s review, the company will look to secure authorization to inject acid and bring the plant operational.
“We would like to acknowledge this culmination of our company’s persistence and diligence and applaud our team for its significant work to get us here. We look forward to continued collaboration with the EPA as we complete the final steps in our wellfield recovery testing and move forward towards further executing the company’s vision of becoming a leading global producer and supplier of the critical materials boron and lithium.” Added Susan.
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