We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
FEAM Progresses With LCD Glass Tank Trial Commencement by Customer
Read MoreHide Full Article
Key Takeaways
5E's boric acid enters final glass furnace testing with positive initial results.
Earlier lab and supply-chain trials met strict purity and performance standards for LCD glass.
The final tank trial positions 5E to advance multi-year supply deals in a tightly held market.
5E Advanced Materials, Inc. (FEAM - Free Report) , popularly known as 5E, recently announced that its customer, a major U.S.-based LCD glass manufacturer, has begun glass furnace testing using the first batch of its boric acid. The company had shipped 20 tons of high-quality borates in October 2025 for the customer’s final phase of testing.
In the customer’s previous laboratory bench testing program, 5E has emerged successfully, meeting stringent purity and performance requirements. Following this, a supply-chain trial was also conducted where two tons of product were shipped across the Pacific Ocean.
With both earlier tests passed, the final tank trial marks the final step, positioning FEAM toward advancing multi-year supply agreements. The initial reports from the glass furnace test have been highly positive. The LCD glass industry has some of the most rigorous standards in the borates industry, making the trial a crucial commercial de-risking milestone for the company.
The oligopoly structure of the borates market gives rise to a need for an additional reliable domestic supplier. The addition of boron to the United States Department of the Interior's 2025 Critical Minerals List, along with the designation of 5E's facility as Critical Infrastructure, highlights the company’s strategic importance.
FEAM’s shares have slumped 58.1% over the past year compared with the industry’s 10.4% decline.
The Zacks Consensus Estimate for KGC’s current-year earnings is pegged at $1.67 per share, indicating a surge of 145.59%. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing it in one, with an average surprise of 17.37%. KGC’s shares have soared 173.3% over the past year.
The Zacks Consensus Estimate for FSM’s current fiscal-year earnings is pinned at 76 cents per share, indicating a 65.22% year-over-year increase. FSM’s shares have surged 94.7% over the past year.
The Zacks Consensus Estimate for HMY’s 2026 earnings is pegged at $2.68 per share, indicating a 111.02% year-over-year increase. HMY’s shares have soared 121.2% over the past year.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
FEAM Progresses With LCD Glass Tank Trial Commencement by Customer
Key Takeaways
5E Advanced Materials, Inc. (FEAM - Free Report) , popularly known as 5E, recently announced that its customer, a major U.S.-based LCD glass manufacturer, has begun glass furnace testing using the first batch of its boric acid. The company had shipped 20 tons of high-quality borates in October 2025 for the customer’s final phase of testing.
In the customer’s previous laboratory bench testing program, 5E has emerged successfully, meeting stringent purity and performance requirements. Following this, a supply-chain trial was also conducted where two tons of product were shipped across the Pacific Ocean.
With both earlier tests passed, the final tank trial marks the final step, positioning FEAM toward advancing multi-year supply agreements. The initial reports from the glass furnace test have been highly positive. The LCD glass industry has some of the most rigorous standards in the borates industry, making the trial a crucial commercial de-risking milestone for the company.
The oligopoly structure of the borates market gives rise to a need for an additional reliable domestic supplier. The addition of boron to the United States Department of the Interior's 2025 Critical Minerals List, along with the designation of 5E's facility as Critical Infrastructure, highlights the company’s strategic importance.
FEAM’s shares have slumped 58.1% over the past year compared with the industry’s 10.4% decline.
Image Source: Zacks Investment Research
FEAM’s Zacks Rank & Other Key Picks
FEAM currently carries a Zacks Rank #2 (Buy).
Some other top-ranked stocks in the Basic Materials space are Kinross Gold Corporation (KGC - Free Report) , Fortuna Mining Corp. (FSM - Free Report) and Harmony Gold Mining Company Limited (HMY - Free Report) . While KGC sports a Zacks Rank #1 (Strong Buy) at present, FSM and HMY carry a Zacks Rank #2 each. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for KGC’s current-year earnings is pegged at $1.67 per share, indicating a surge of 145.59%. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing it in one, with an average surprise of 17.37%. KGC’s shares have soared 173.3% over the past year.
The Zacks Consensus Estimate for FSM’s current fiscal-year earnings is pinned at 76 cents per share, indicating a 65.22% year-over-year increase. FSM’s shares have surged 94.7% over the past year.
The Zacks Consensus Estimate for HMY’s 2026 earnings is pegged at $2.68 per share, indicating a 111.02% year-over-year increase. HMY’s shares have soared 121.2% over the past year.