American Pacific Borates (ASX:ABR) share price pops following latest presentation // The Motley Fool Australia

The American Pacific Borates Ltd (ASX: ABR) share price is up 3.53% to $1.76 at the time of writing, following the release of the company’s investor presentation. 

American Pacific Borates is a global speciality fertiliser producer. The company’s Fort Cady Borate Mine in California is a resource where boric acid, gypsum and potassium sulfate (SOP) will be produced for the North American specialty fertiliser market as well as new high-end technologies like electric vehicles and space shuttles.

American Pacific is also developing the Salt Wells Borate and Lithium Projects in Churchill County, Nevada, USA.

What are borates and why are they important?

According to American Pacific, boron is classed as a strategic commodity in…