5E Advanced Materials agrees to buy Searles Valley Minerals assets
Bitget2026/09/23 12:30- 5E Advanced Materials agreed to acquire specified assets of Searles Valley Minerals, aiming to add operating production and near-term revenue.
- Deal would combine Searles Valley’s infrastructure and customer base with the Fort Cady boron resource to scale a US critical minerals platform.
- Closing remains subject to Bankruptcy Court clearance, resolution of California Air Resources Board objections, Surface Transportation Board sign-off, and other conditions.
- CEO Paul Weibel outlined the transaction at the Water Tower Research Insights Conference on September 22, 2026.
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