Boron One Holdings Achieves Breakthrough in Premium Borate Derivative Processing

Boron One Holdings Inc. (TSXV: BONE) has successfully demonstrated the production of high-purity Borax pentahydrate through laboratory-scale testing, marking a significant milestone in transforming its Serbian boron assets into value-added products. The company’s wholly owned Piskanja Boron Property has yielded positive results that position the organization to diversify its revenue streams and unlock greater shareholder value.

Technical Achievement Validates Production Pathway

The metallurgical testing, performed by ALS Metallurgy in Australia, confirmed the viability of converting the company’s colemanite feedstock into premium borate derivatives. Analysis results demonstrated that the process produces Borax pentahydrate with exceptional purity ranging from 99.8 to 100 percent—meeting exacting industrial standards. Significantly, the production methodology relies on straightforward chemical processes and conventional equipment, reducing technical complexity and capital requirements for future scaling.

CEO Tim Daniels emphasized the strategic implications: “The successful bench-scale results validate our approach to value-addition. By developing higher-grade borate products, we can optimize the economic potential of our deposit while addressing a clear market demand from prospective partners and offtakers.”

Market Demand Supports Commercial Expansion

The company has identified substantial market interest for premium Borax products among potential strategic partners currently in active discussions. This demand backdrop, combined with the successful lab-scale verification, provides confidence for the next phase of development. Boron One intends to refine production parameters and processes before advancing to larger-scale pilot production trials.

The decision to pursue borate derivative manufacturing reflects a broader strategy to maximize returns from the Piskanja deposit by developing multiple revenue channels rather than relying solely on raw mineral extraction.

Resource Base Supports Long-Term Production

The Piskanja project encompasses a significant mineral resource base that underpins the expansion strategy. The property contains:

• Measured Resources: 1.39 million tonnes averaging 35.59% B2O3
• Indicated Resources: 5.48 million tonnes averaging 34.05% B2O3
• Inferred Resources: 284.7 thousand tonnes averaging 39.59% B2O3

These figures, calculated per Canadian mining standards and documented in the company’s 2022 Technical Report, represent substantial reserves of boron-bearing ore capable of supporting both raw material sales and downstream processing operations.

Strategic Positioning in Decarbonization Context

Boron One continues to position its operations within the broader global decarbonization narrative. The company emphasizes responsible resource utilization aligned with environmental stewardship principles. The development of processed borate derivatives represents an evolution in this strategy, creating finished products suited to industrial and environmental applications while maintaining operational and environmental best practices.

The progression from bench-scale testing to commercial-scale production would represent a material advancement for the company’s longer-term objectives. Following successful pilot testing, Boron One anticipates pursuing the necessary permits and strategic partnerships to establish production capability for these premium borate materials.