5E Advanced Materials has been described as the 3rd largest boron deosit in the world and they also mine Lithium and other minerals.
Erin Ventures / Balkan Gold / Temas have Piskanja which, if we include the whole of the Jarandol basin, could be the 3rd largest boron deposit in the world but, until this deposit is fully explored, I suspect that we have the 4th largest boron deposit in the world.
I am highlighting this company because they have apparently developed, tested and patented a unique, in-situ solution mining and solar evaporation process for colemanite where it is converted into boric acid and calcium chloride while still underground.
To me that's very interesting even if Balkan Gold is not going that route.
Furthermore, 5E Advanced Minerals has 4 x the amont of outstanding shares that EV has and they are trading at MUCH higher price. Also, two of China's biggest state-owned players have signed on as strategic partners in a move that looks set to give American Pacific an inside track to the world's largest and fastest growing boron market.
The Threat of a Boron Market Shortage (May 3, 2022)
https://borates.today/boron-market-shortage/
“You can literally count all the boron deposits in the world on the one hand,” says Tim Daniels, CEO of Erin Ventures.
American Pacific gets its entry ticket to the coveted boron club (July 19, 2018)
https://www.mining-journal.com/resourcestocks/resourcestocks/1342758/american-pacific-gets-its-entry-ticket-to-the-coveted-boron-club Plans were to solution mine the deposit. This is the largest known colemanite deposit in the US. In the early 1980's, Duval developed, tested and patented a unique, in-situ solution mining and solar evaporation process for colemanite where it is converted into boric acid and calcium chloride while still underground. (See link below for more info) https://www.mindat.org/loc-88529.html Looking forward to Erin Ventures / Balkan Gold / Temas Resources finally getting this party started.
It appears that the market is finally ready for Boron.
“Boron is where lithium was probably 10 years ago, " said Henri Tausch, CEO of 5E Advanced Materials Inc., which owns the mine known as Fort Cady. “Ten years ago, no one heard about lithium, no one talked about lithium, and no one was really aware that it could be a big problem.” Cheers,
VB