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Anson Resources ( (AU:ASN) ) has issued an update.
Anson Resources has successfully implemented a ‘polishing’ process to enhance the purity of lithium chloride eluate at its Green River Lithium Project. This process, developed by A1 Technologies Inc, significantly reduces contaminants, which is crucial for producing high-grade lithium carbonate. The successful implementation of this process is expected to positively impact the capital and operational expenditures of Anson’s lithium carbonate plant, positioning the company favorably 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 Limited is a company involved in the lithium industry, focusing on the production of lithium carbonate. The company operates through its subsidiary, Blackstone Minerals NV LLC, and has a significant project at the Green River Lithium Project in southeastern Utah, USA.
Average Trading Volume: 1,376,492
Technical Sentiment Signal: Hold
Current Market Cap: A$90.14M
See more insights into ASN stock on TipRanks’ Stock Analysis page.