Boron producer, American Pacific Borates, or ABR, has provided...

• Boron producer, American Pacific Borates, or ABR, has provided updates on activities at its Fort Cady Borate Project in southern California
• Fort Cady is the largest known borate occurrence in the world not owned by Rio Tinto or Eti Maden
• ABR is focused on engaging a U.S. university to conduct crop trials for a speciality fertiliser to be produced at Fort Cady
• The company will leverage this product to target the high-priced U.S. market for fertilisers with little chlorine that are better for crops
• ABR is also discussing with Amvest Capital and Chinese SOEs for financing and off-take contracts
• The company is down 5 per cent today with shares trading for 28.5 cents

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