Anson Resources (ASX:ASN) and South Korean industrial titan POSCO Holdings have formalised plans to develop a direct lithium extraction demonstration facility at the Green River lithium project in Utah.<\/p>\n
The collaboration, sanctioned by the boards of both companies, establishes a binding framework for POSCO to engineer, construct, and operate the plant, utilising brine supplied from Anson\u2019s Bosydaba #1 well.<\/p>\n
Under the agreement, POSCO will pay a $7.2 million facilitation fee, while Anson provides the requisite infrastructure and property access.<\/p>\n
Scheduled for commissioning in 2027, the facility aims to validate POSCO\u2019s proprietary DLE technology at a continuous industrial scale.<\/p>\n
The partnership follows extensive due diligence, including a 2025 bulk brine shipment to South Korea for efficiency testing and Anson\u2019s recent “polishing” programmes designed to eliminate contaminants from its lithium chloride eluate.<\/p>\n
Anson CEO Bruce Richardson described the venture as a “transformational step”, noting that POSCO\u2019s involvement underscores the strategic value of domestic US lithium supplies.<\/p>\n
For Anson, the deal provides a high-level industry endorsement of Green River\u2019s low-cost potential, while POSCO secures a critical foothold in the North American supply chain.<\/p>\n
A definitive agreement is expected by mid-year.<\/p>\n
At the time of reporting, Anson Resources\u2019 share price was $0.080.<\/p>\n","protected":false},"excerpt":{"rendered":"Anson Resources (ASX:ASN) and South Korean industrial titan POSCO Holdings have formalised plans to develop a direct lithium…\n","protected":false},"author":2,"featured_media":15158,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[380],"tags":[11098,11100,11099,442],"class_list":{"0":"post-15157","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-posco","8":"tag-anson-resources","9":"tag-direct-lithium-extraction","10":"tag-green-river-lithium-project","11":"tag-posco"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/15157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=15157"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/15157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/15158"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=15157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=15157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=15157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}