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Anson Resources ( (AU:ASN) ) has shared an announcement.
Anson Resources has shipped a bulk sample of lithium-rich brine to POSCO Holdings in South Korea from its Green River Lithium Project in Utah. This shipment is part of POSCO’s due diligence process for a planned demonstration plant, which aims to test lithium extraction efficiency and prepare engineering designs and cost estimates. The brine, produced using Anson’s chemical-free process, is expected to validate a new industrial process at a larger scale, potentially impacting Anson’s operations and positioning in the lithium market.
The most recent analyst rating on (AU:ASN) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Anson Resources stock, see the AU:ASN Stock Forecast page.
More about Anson Resources
Anson Resources is an ASX-listed mineral resources company focused on developing lithium projects in Utah, USA. Its core assets include the Green River and Paradox Lithium Projects. The company aims to create long-term shareholder value by discovering, acquiring, and developing natural resources to meet the demand of new energy and technology markets.
YTD Price Performance: -7.14%
Average Trading Volume: 1,306,677
Technical Sentiment Signal: Sell
Current Market Cap: A$90.14M
For an in-depth examination of ASN stock, go to TipRanks’ Overview page.