'On the drawing board,' there are four more significant boron-related projects. Ioneer's Rhyolite Ridge, Erin Ventures, Inc.'s
Piskanja, Bacanora's El Cajon, and Euro Lithium + Borates' Rekovac.
Given the capital cost, spiralling inflation/chronic local FX weakening, large incoming growth in operating expenses (electricity), as well as the general economic disincentive of adding incremental supply, some believe Maden's incremental supply shock risk is low.
But, as there seems to be an increasing call for a new stable source of BORON+ in the United States and the around the world, NASDAQ: FEAM is strategically positioned to answer this call.