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Anson Resources

Anson Resources

Lithium and bromine developer operating the Paradox Basin brine project in Utah.

Operating headquarters
Brisbane, Queensland, AU🇦🇺
Founded
2009
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Contents

  1. 01Market Outlook
  2. 02Executive Summary
  3. 03Products & Services
  1. 01Market Outlook
  2. 02Executive Summary
  3. 03Products & Services

Market Outlook

Anson targets the global lithium-ion battery market with planned high-quality lithium carbonate from its Utah projects. The company positions its output for electric vehicle and energy storage supply chains in the United States.

Anson has executed a definitive offtake agreement with LG Energy Solution covering a substantial share of expected early production. The agreement provides market validation for the Paradox Basin development program and supports project financing efforts.

Source: ansonresources.com

Memo

Anson reports a Letter of Interest from the United States Export-Import Bank for US$330 million toward its Green River lithium project in Utah. The company characterizes the letter as an expression of financing interest for project development rather than a completed funding round.

Separately, Utah authorities approved a post-performance tax credit of up to approximately US$212 million over twenty years for the Green River project. Anson states the incentive is awarded under a rural economic development program as project milestones are met.

Source: ansonresources.com

Product Overview

Anson develops lithium projects in Utah's Paradox Basin through its wholly owned United States subsidiary A1 Lithium. The portfolio centers on the Green River and Paradox lithium projects, which apply direct lithium extraction to brine resources with planned lithium carbonate output.

Beyond lithium, Anson holds additional exploration assets including the Yellow Cat uranium project in Utah and base and critical metals projects in Western Australia. These earlier-stage holdings sit alongside the advanced Utah lithium development program.

Source: ansonresources.com