ASX-listed American Pacific Borates is hunting for a partner to extract lithium from its Fort Cady boron project, in Southern California. The company told shareholders on Monday that while the boron specialities business unit remained the company's primary focus, the improving lithium economics and the emerging direct lithium extraction technologies have compelled American Pacific to consider partner options for potential lithium by-product production at Fort Cady.
American Pacific is a Utah-based components company manufacturer and distributor of specialty chemicals for the aerospace, defense, and pharmaceutical sectors.