A1 Lithium, a wholly owned subsidiary of Anson Resources, receives approval for up to $212.5 million in Utah tax credits over 20 years for its Green River lithium project. The development is valued at more than $714 million and is expected to create 138 high-paying jobs; the incentive follows a Utah Inland Port Authority property tax rebate for the project.
Anson Resources signs a non-binding MoU with metals trader Wogen Resources and financing adviser Xcelsior Capital Advisors to explore a potential customer and financing arrangement for its Green River lithium project. The parties assess a possible long-term lithium carbonate offtake of 2,000 to 6,000 tonnes per year from Green River.
Anson Resources secures a second major financial incentive for its Green River lithium project in Utah: an approximately US$212 million tax credit. The Governor’s Office of Economic Development Board approves it through the Rural Economic Development Tax Increment Financing program.
JordProxa produced battery-grade lithium carbonate from brine sourced from Anson’s Green River project in Utah. Samples assayed by SGS North America confirmed a grade of 99.6 percent lithium carbonate, with low impurities.
