5E Advanced Materials, Inc. (Nasdaq:FEAM) (ASX:5EA) is positioned to become a vertically integrated global leader in BORON+ advanced materials with a focus on enabling decarbonization. BORON+ products target critical, high value applications within electric transportation, clean energy, food and domestic security. 5E’s advanced materials business is underpinned by its low cost, light environmental touch boron resource in Southern California, which is designated Critical Infrastructure by the U.S. government and serves as the largest known new conventional boron deposit globally. 5E’s resource quality, domestic supply source, and downstream processing capabilities provide a competitive advantage given customer product specifications, scarcity of resource, and reliance on unstable, international supply. There is an increasing call for a new stable source of BORON+ as U.S. and rest of world demand accelerates and 5E is strategically positioned to answer this call. The Company believes that it is one of very few visible sources of Boron that is permitted to enter a growing constrained market. 5E is focused on becoming a globally significant advanced materials producer, with a particular interest in speciality fertilizer applications and high-value borate specialty products. The Company plans to begin small scale production in early CY2023, with products that are increasingly in demand for use in global decarbonisation initiatives - electrification of transport; clean energy applications; and food security.