POSCO Delays Green River Lithium Investment Decision but Reaffirms Commitment to Anson

Anson Resources ( (AU:ASN) ) just unveiled an update.

Anson Resources has confirmed that POSCO Holdings has postponed its internal investment approval decision for the planned Direct Lithium Extraction demonstration plant at Anson’s Green River Lithium Project in Utah, citing broader global uncertainty rather than project-specific issues. POSCO has completed technical evaluation work, including brine testing and site design, and reaffirmed the strategic importance of the project to its battery materials strategy and long-term North American lithium supply.

Despite the delay, both companies report continued strong cooperation, with recent senior executive site visits, ongoing engineering collaboration, and strategic alignment discussions under way. Anson says it is progressing engineering studies and engaging with government and financial institutions to fund the next development stages, including a full-scale production plant, indicating it aims to advance the project timeline independently while supporting POSCO’s investment review process.

The most recent analyst rating on (AU:ASN) stock is a Hold with a A$0.05 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 Australia-listed resources company focused on developing the Green River Lithium Project in Utah, using direct lithium extraction technology to supply the EV and battery materials market. Its strategy targets integration into the North American battery supply chain, positioning the company as a future supplier of low-carbon lithium to global battery and electric vehicle manufacturers.

Average Trading Volume: 4,188,892

Technical Sentiment Signal: Sell

Current Market Cap: A$80.98M

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