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5E secures significant financial backing for boron-lithium project 

US-based institutional investor Bluescape Energy Partners has agreed to issue US$60 million in return for convertible notes in emerging boron and lithium producer 5E Advanced Materials.

Haydn Black
Fort Cady

Fort Cady

The agreement with Bluescape will see the issue of notes with a conversion price of $17.60, a small premium to its recent trading level in the US. The notes will mature in 2027.   The company, which...

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