Chemical Customer Agreements Broaden Commercial Sales Channels and Expand Addressable MarketAgreements Include Multi-Year, Take-or-Pay Volume Commitments Ahead of Full-Scale Production HESPERIA, CA / ACCESS Newswire /

<p><i><strong>Chemical Customer Agreements Broaden Commercial Sales Channels and Expand Addressable Market</strong></i></p><p><i><strong>Agreements Include Multi-Year, Take-or-Pay Volume Commitments Ahead of Full-Scale Production</strong></i></p> <p><strong id="dateline">HESPERIA, CA / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / July 22, 2026 / </strong>5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FEAM">FEAM</a>), a company focused on becoming a vertically integrated global leader and supplier of refined borates and advanced boron derivative materials, today announced it has signed offtake heads of agreement ("HOAs") with two chemical customers for the purchase of technical grade, granular boric acid from the Company's Fort Cady Integrated Boron Facility located in Southern California. The HOAs include multi-year, take-or-pay volume commitments and are the latest additions to a broader <a rel="nofollow" href="https://pr.report/o0kt">series of offtake agreements</a> the Company has signed in recent months.</p><p>The HOAs represent 5E's first commercial agreements within the chemicals sector, and each agreement is take-or-pay, with pricing tied to the Fastmarkets Boric Acid (technical grade, granular, FCA US West Coast) index and structured with a floor and ceiling price that escalates annually. Each HOA carries an initial five-calendar-year term with an automatic five-year renewal, for a total term of up to ten years. Together, the HOAs provide for combined annual volumes of approximately 1,900 to 7,100 short tons.</p><p>"These additional agreements show the growing demand for a reliable, domestic source of boric acid," said Paul Weibel, Chief Executive Officer. "Locking in committed volumes on index-linked pricing, with a floor and ceiling for protection on both sides, strengthens the commercial foundation we are building as we advance Fort Cady toward full-scale production."</p><p><strong>About 5E Advanced Materials, Inc.</strong></p><p>5E Advanced Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FEAM">FEAM</a>) is a development-stage company focused on becoming a vertically integrated global leader and supplier of refined borates and advanced boron materials, complemented by calcium-based co-products, and potentially other by-products such as lithium carbonate. The Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, energy independence, food, national security, and the defense sector. The Company believes factors such as government regulation and incentives focused on domestic manufacturing and supply chains and capital investments across industries will drive demand for end-use applications like solar and wind energy infrastructure, neodymium-iron-boron magnets, defense applications, lithium-ion batteries, and other critical material applications. The business is based on the Company's large domestic boron resource, which is located in Southern California and designated as Critical Infrastructure by the U.S. Department of Homeland Security, and boron was added to the U.S. Department of the Interior's 2025 Critical Minerals List.</p><p><strong>Forward Looking Statements</strong></p><p>Statements in this press release may contain "forward-looking statements" that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions, and include, but are not limited to statements regarding the Company's non-binding indications of interest and offtake heads of agreement; the potential negotiation and execution of definitive, binding offtake and purchase agreements; contemplated volumes, term, pricing and escalation terms, including index-linked pricing and any floor and ceiling price mechanisms, and anticipated take-or-pay and minimum-offtake commitments and the realization of such commitments under definitive agreements; customer evaluation of product quality, specifications and production capability; the timing of, and the Company's ability to achieve, commercial readiness and full-scale production at the Fort Cady Project; the Company's customer outreach and engagement efforts and its growing pipeline of commercial opportunities; the potential for customer commercial arrangements to support the Fort Cady Project's path toward bankability and a Final Investment Decision; expected demand for a reliable, U.S.-based supplier of boric acid and specialty boron derivative products amid ongoing supply chain constraints, and the potential for such demand and the Company's products to enable new domestic manufacturing capacity; the Company's ability to advance the Fort Cady Project toward future financing and construction readiness; the Company's strategy to become a vertically integrated supplier of refined borates and advanced boron materials, calcium-based co-products and potential by-products such as lithium carbonate; and anticipated demand for boron and boron derivative products in end markets and applications including decarbonization, energy independence, food, national security and defense, solar and wind energy infrastructure, neodymium-iron-boron magnets and lithium-ion batteries. Any forward-looking statements are based on 5E's current expectations, forecasts, and assumptions and are subject to a number of risks and uncertainties that could cause actual outcomes and results to differ materially. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in 5E's most recent Annual Report on Form 10-K and its other reports filed with the SEC. Forward-looking statements contained in this announcement are based on information available to 5E as of the date hereof and are made only as of the date of this release. 5E undertakes no obligation to update such information except as required under applicable law. These forward-looking statements should not be relied upon as representing 5E's views as of any date subsequent to the date of this press release. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of 5E.</p><p><strong>For further information contact:</strong></p><p><strong><u>Investor Relations</u></strong></p><p>Brett Maas<br/>Hayden IR, LLC<br/><a rel="nofollow" href="mailto:FEAM@haydenir.com">FEAM@haydenir.com</a><br/>Ph: +1 (480) 861-2425</p><p><strong><u>Media Relations</u></strong></p><p>Paola Ashton<br/>PRA Communications<br/><a rel="nofollow" href="mailto:team@pracommunications.com">team@pracommunications.com</a><br/>Ph: +1 (604) 681-1407</p><p><strong>SOURCE: </strong>5E Advanced Materials, Inc.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/metals-and-mining/5e-advanced-materials-adds-to-offtake-portfolio-with-new-chemical-customer-agreem-1194768'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1194768" width="0" height="0"/>

FEAM

5E Advanced Materials Adds to Offtake Portfolio with New Chemical Customer Agreements for Fort Cady Boric Acid

FEAM Secures Long-Term Offtake for Boric Acid at Fort Cady

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Chemical Customer Agreements Broaden Commercial Sales Channels and Expand Addressable MarketAgreements Include Multi-Year, Take-or-Pay Volume Commitments Ahead of Full-Scale Production HESPERIA, CA / ACCESS Newswire /</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>5E Advanced Materials announced take-or-pay offtake heads of agreement with two chemical customers for boric acid from Fort Cady, signaling new revenue channels ahead of full-scale production. Pricing is index-linked with floors and ceilings, providing upside while protecting downside. The deals, while non-binding until definitive contracts, extend FEAM&#039;s addressable market and progress Fort Cady toward bankability.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>FEAM signs two offtake HOAs for boric acid at Fort Cady. First chemical-sector agreements.</li><li>Take-or-pay commitments; five-year terms with auto-renewal to ten years.</li><li>Annual volumes: 1,900–7,100 short tons; pricing linked to Fastmarkets index.</li><li>Fort Cady facility advances toward full-scale production; strengthens commercial foundation.</li><li>Company notes growing domestic boric acid demand and potential for bankability financing.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>FEAM (5E Advanced Materials, Inc.) (FEAM)</strong>: Announces new chemical-sector offtake agreements, expanding revenue channels and progress toward Fort Cady production.</li><li><strong>Fort Cady Integrated Boron Facility (N/A)</strong>: Production site for FEAM&#039;s boric acid; key asset in Fort Cady project and potential bankability.</li><li><strong>Fastmarkets (NA)</strong>: Pricing benchmark used for boric acid; index-linked terms impact FEAM margins.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The release highlights strategic commercial deal progress and production-readiness milestones, reinforcing FEAM&#039;s growth narrative and potential for improved revenue visibility as Fort Cady advances.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>HOAs deliver multi-year revenue visibility and potential uplift to FEAM&#039;s top line.</li><li>Index-linked pricing with floor/ceiling reduces downside risk from boron price swings.</li><li>Progress on Fort Cady toward full-scale production raises bankability and financing prospects.</li><li>Non-binding terms mean actual revenue depends on definitive contracts and timing.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>HOAs with two chemical customers for technical-grade boric acid.</li><li>Term: initial five years, auto-renewal for up to ten years.</li><li>Combined annual volumes: about 1,900 to 7,100 short tons.</li><li>Pricing: Fastmarkets Boric Acid index with a floor and a ceiling that escalates annually.</li><li>Fort Cady Integrated Boron Facility located in Southern California; boron resource designated Critical Infrastructure.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term upside as offtake clarity improves; larger impact if Fort Cady reaches bankability within 12–24 months.</p>
  </section>
</section>


<p><i><strong>Chemical Customer Agreements Broaden Commercial Sales Channels and Expand Addressable Market</strong></i></p><p><i><strong>Agreements Include Multi-Year, Take-or-Pay Volume Commitments Ahead of Full-Scale Production</strong></i></p> <p><strong id="dateline">HESPERIA, CA / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / July 22, 2026 / </strong>5E Advanced Materials, Inc. ("5E" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FEAM">FEAM</a>), a company focused on becoming a vertically integrated global leader and supplier of refined borates and advanced boron derivative materials, today announced it has signed offtake heads of agreement ("HOAs") with two chemical customers for the purchase of technical grade, granular boric acid from the Company's Fort Cady Integrated Boron Facility located in Southern California. The HOAs include multi-year, take-or-pay volume commitments and are the latest additions to a broader <a rel="nofollow" href="https://pr.report/o0kt">series of offtake agreements</a> the Company has signed in recent months.</p><p>The HOAs represent 5E's first commercial agreements within the chemicals sector, and each agreement is take-or-pay, with pricing tied to the Fastmarkets Boric Acid (technical grade, granular, FCA US West Coast) index and structured with a floor and ceiling price that escalates annually. Each HOA carries an initial five-calendar-year term with an automatic five-year renewal, for a total term of up to ten years. Together, the HOAs provide for combined annual volumes of approximately 1,900 to 7,100 short tons.</p><p>"These additional agreements show the growing demand for a reliable, domestic source of boric acid," said Paul Weibel, Chief Executive Officer. "Locking in committed volumes on index-linked pricing, with a floor and ceiling for protection on both sides, strengthens the commercial foundation we are building as we advance Fort Cady toward full-scale production."</p><p><strong>About 5E Advanced Materials, Inc.</strong></p><p>5E Advanced Materials, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FEAM">FEAM</a>) is a development-stage company focused on becoming a vertically integrated global leader and supplier of refined borates and advanced boron materials, complemented by calcium-based co-products, and potentially other by-products such as lithium carbonate. The Company's mission is to become a supplier of these critical materials to industries addressing global decarbonization, energy independence, food, national security, and the defense sector. The Company believes factors such as government regulation and incentives focused on domestic manufacturing and supply chains and capital investments across industries will drive demand for end-use applications like solar and wind energy infrastructure, neodymium-iron-boron magnets, defense applications, lithium-ion batteries, and other critical material applications. The business is based on the Company's large domestic boron resource, which is located in Southern California and designated as Critical Infrastructure by the U.S. Department of Homeland Security, and boron was added to the U.S. Department of the Interior's 2025 Critical Minerals List.</p><p><strong>Forward Looking Statements</strong></p><p>Statements in this press release may contain "forward-looking statements" that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential" or "continue" or the negative of these terms or other similar expressions, and include, but are not limited to statements regarding the Company's non-binding indications of interest and offtake heads of agreement; the potential negotiation and execution of definitive, binding offtake and purchase agreements; contemplated volumes, term, pricing and escalation terms, including index-linked pricing and any floor and ceiling price mechanisms, and anticipated take-or-pay and minimum-offtake commitments and the realization of such commitments under definitive agreements; customer evaluation of product quality, specifications and production capability; the timing of, and the Company's ability to achieve, commercial readiness and full-scale production at the Fort Cady Project; the Company's customer outreach and engagement efforts and its growing pipeline of commercial opportunities; the potential for customer commercial arrangements to support the Fort Cady Project's path toward bankability and a Final Investment Decision; expected demand for a reliable, U.S.-based supplier of boric acid and specialty boron derivative products amid ongoing supply chain constraints, and the potential for such demand and the Company's products to enable new domestic manufacturing capacity; the Company's ability to advance the Fort Cady Project toward future financing and construction readiness; the Company's strategy to become a vertically integrated supplier of refined borates and advanced boron materials, calcium-based co-products and potential by-products such as lithium carbonate; and anticipated demand for boron and boron derivative products in end markets and applications including decarbonization, energy independence, food, national security and defense, solar and wind energy infrastructure, neodymium-iron-boron magnets and lithium-ion batteries. Any forward-looking statements are based on 5E's current expectations, forecasts, and assumptions and are subject to a number of risks and uncertainties that could cause actual outcomes and results to differ materially. For a discussion of other risks and uncertainties, and other important factors, any of which could cause our actual results to differ from those contained in the forward-looking statements, see the section entitled "Risk Factors" in 5E's most recent Annual Report on Form 10-K and its other reports filed with the SEC. Forward-looking statements contained in this announcement are based on information available to 5E as of the date hereof and are made only as of the date of this release. 5E undertakes no obligation to update such information except as required under applicable law. These forward-looking statements should not be relied upon as representing 5E's views as of any date subsequent to the date of this press release. In light of the foregoing, investors are urged not to rely on any forward-looking statement in reaching any conclusion or making any investment decision about any securities of 5E.</p><p><strong>For further information contact:</strong></p><p><strong><u>Investor Relations</u></strong></p><p>Brett Maas<br/>Hayden IR, LLC<br/><a rel="nofollow" href="mailto:FEAM@haydenir.com">FEAM@haydenir.com</a><br/>Ph: +1 (480) 861-2425</p><p><strong><u>Media Relations</u></strong></p><p>Paola Ashton<br/>PRA Communications<br/><a rel="nofollow" href="mailto:team@pracommunications.com">team@pracommunications.com</a><br/>Ph: +1 (604) 681-1407</p><p><strong>SOURCE: </strong>5E Advanced Materials, Inc.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/metals-and-mining/5e-advanced-materials-adds-to-offtake-portfolio-with-new-chemical-customer-agreem-1194768'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1194768" width="0" height="0"/>

5E Advanced Materials announced take-or-pay offtake heads of agreement with two chemical customers for boric acid from Fort Cady, signaling new revenue channels ahead of full-scale production. Pricing is index-linked with floors and ceilings, providing upside while protecting downside. The deals, while non-binding until definitive contracts, extend FEAM's addressable market and progress Fort Cady toward bankability.

News insight

5E Advanced Materials Adds to Offtake Portfolio with New Chemical Customer Agreements for Fort Cady Boric Acid

AI summary

Sentiment rationale

Key facts

Corporate Developments