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Anson Resources Delivers EV-Grade Lithium Carbonate From Green River Brine

Story Highlights
  • Anson Resources produced 99.4% purity EV-grade lithium carbonate from Green River brine using its proprietary downstream process.
  • The company is advancing cost-focused DLE and downstream technology evaluations, with engineering study results expected in coming months.
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Anson Resources Delivers EV-Grade Lithium Carbonate From Green River Brine

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An update from Anson Resources ( (AU:ASN) ) is now available.

Anson Resources has produced 99.4% purity electric vehicle battery-grade lithium carbonate from brine sourced at its Green River Lithium Project, processed via direct lithium extraction and a proprietary downstream flowsheet. The eluate from prior test work at its Green River Sample Demonstration Plant was upgraded at the company’s Lithium Innovation Center in Florida, and the resulting product’s purity was confirmed by SGS North America.

The new downstream process is described as more cost-effective and less electricity-intensive than the flowsheet previously used for its Paradox Lithium Project brines, reinforcing Anson’s efforts to optimize production economics. The company is reviewing multiple DLE and downstream technologies and advancing third-party engineering studies, with early evaluations expected in the coming months, a step that could shape the technology selection, project economics and returns for shareholders.

The most recent analyst rating on (AU:ASN) stock is a Hold with a A$0.06 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 Ltd is an ASX-listed resources company focused on lithium brine projects, including the Green River Lithium Project in the U.S. and the Paradox Lithium Project. Through its Lithium Innovation Center in Florida and its subsidiary Blackstone Minerals NV LLC, the company is developing direct lithium extraction and downstream processing technologies aimed at producing electric vehicle battery-grade lithium carbonate more efficiently and at lower cost.

YTD Price Performance: -12.31%

Average Trading Volume: 7,345,956

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$92.31M

For detailed information about ASN stock, go to TipRanks’ Stock Analysis page.

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