Anson signs agreement with POSCO for construction and operation of a Demonstration Plant at its Green River Lithium Project in Utah, USA. Details of the agreement have been published by POSCO.
https://t.co/rdGhKBiUxu
$ASN
Anson and POSCO Sign Binding Agreement for #DLE Demonstration Plant at Green River
Binding Demonstration Plant Agreement executed with POSCO Holdings for the Green River #Lithium Project, Utah, USA.
LITHIUM - WEEKLY VIEW
While the fossil energy is at the center of the current crisis, lithium, which is essential for electrification, continues to slowly but surely climb.
Despite this positive dynamic, lithium remains 75% below its prior peak.
In other words, reaching its former top would require a quadrupling of its price.
$LIT $SGML
@johny_mcfly No need for Fast 41 being on private land.
Small mining permit left (due next month or so) then fully permitted ✅
🇺🇸 Huge deal being a project in the states and being permitted
$ALB 3.1 billion South American #DLE expansion makes $ASN #GreenRiver#lithium project look attractive.
@anson_ir proximity to infrastructure, transport etc = savings
Add IRA incentives 🇺🇸
Add brine coming to near surface under its pressure
Will $POSCO make a bid for T/O 🤔
@matt_fernley@anson_ir Awesome to see progress on the $ASN and $POSCO relationship.
Looking forward to hearing more news unpacked on @RKEquityRocks in time ✌️
Anson raised the profile in Washington DC of Anson's application for government support and funding through participation this week in an Australian critical minerals delegation. Meetings included the U.S.A. EXIM Bank, Department of Commerce, and the Department of Energy Office Critical Minerals and Energy Innovation (CMEI) and the Department of War. Anson has applied for the Department of Energy grants and has a Letter of Support from EXIM Bank for the financing of its planned 10,000tpa LCE plant at Green River.
@WayneHines24470@SquareMm@anson_ir Seeing a deal with a cash injection would instill alot more confidence in $ASN 's capability to progress towards FiD. Will this JORC be enough for $POSCO?
Continuous Mous to date and the Binding LG offtake hasn't moved the needle the right way.
PFS up next. Aquatech DLE ?