Company: FEAV
Filing Date: 2025-08-25
Form Type: 424B5
Source: 0001888654-25-000019
Chunk: 37

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-08-25
Form: 424B5
Chunk 37
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 design, engineering and cost optimization for our proposed large-scale complex;

Our ability to secure the requisite funding for the successful engineering, development, construction, completion and operation of our proposed facilities;

The timing and viability of achieving initial commercial production;

Our ability to commercialize our output and to enter into commercial agreements;

The total addressable market for materials we intend on producing and selling, including its current size, growth trajectory and the underlying factors that may drive growth in the overall market size;

The cost and availability of natural gas and electricity;

Our ability to timely and successfully reach anticipated full commercial production capacity;

Our ability to achieve and maintain profitability and to develop and maintain positive cash flow from our proposed operating activities;

Our ability to enter into and deliver product under binding supply agreements;

Our ability to acquire and maintain the necessary mining licenses, permits and access rights;

Our ability to acquire and maintain the necessary mineral property interests and related water rights;

The demand for borates and lithium and the market for their end-use applications; and

Our ability to develop downstream advanced materials capabilities.

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These forward-looking statements are subject to a number of risks and uncertainties, including:

Our ability to implement and recognize benefits from certain reduced spending measures;

The substantial doubt regarding our ability to continue as a going concern and our need to raise substantial additional funding, which may not be available on acceptable terms, if at all, to be able to continue as a going concern and advance the Fort Cady Project (the “Project”);

Our limited operating history in the borates and lithium industries and no revenue from our proposed extraction operations at our properties;

Our need for substantial additional financing, both in the near-term and long-term,to execute our business plan and our ability to access capital and the financial markets;

Our status as an exploration stage company dependent on a single project with no known mineral reserves and the inherent uncertainty in estimates of mineral resources;

Our lack of history in mineral production and the significant risks associated with achieving our business strategies, including our downstream processing ambitions;

We have incurred significant net operating losses to date and we anticipate incurring continued losses for the foreseeable future;

Risks and uncertainties relating to the development of the Project in Newberry Springs, CA;

Risks related to our ability to prepare and update further technical and economic analysis of the Project, and the timing thereof;

Our dependence on a single project;

Risks related to our ability to achieve and maintain profitability and to develop positive cash flow from our operating activities;

Risks, including changes in technology, that