5E Advanced Materials signs boric acid offtake HOAs with two chemical customers for Fort Cady
FEAM•Offtake agreements signed for Fort Cady boric acid
5E Advanced Materials signed two offtake heads of agreement with chemical customers for technical grade granular boric acid from Fort Cady.
- Deals include multi-year take-or-pay volume commitments ahead of full-scale production; combined annual volumes about 1,900 to 7,100 short tons.
- Pricing is indexed to Fastmarkets US West Coast technical grade granular boric acid, with floor and ceiling levels that escalate annually.
- Each agreement runs five years with an automatic five-year renewal option, extending total terms to up to 10 years.
