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Anson Resources Limited (ASX:ASN)

ALERT: Price-sensitive ASX Announcement for ASN
Current share price for ASN : $0.041 -0.003 (-6.82%)+
Announcement
Release
10 Jul 2026 10:12AM
Price at Release
$0.044
Full Release
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Summary
Anson Resources Limited has received approval for its Small Scale Mining Operation application at the Green River Lithium Project in Utah, USA. This approval enables the production of 10,000 tonnes per annum of lithium carbonate and includes the development of a Direct Lithium Extraction production site. The project has secured all necessary permits, aiming to become the lowest capital-intensive lithium carbonate producer in the USA. The strategically located site is designed to minimize environmental impact and benefits from essential infrastructure access. Anson's strategy is to foster relationships with government entities to facilitate project approvals and set clear development milestones.
Key Points
  • Anson Resources Ltd received approval for its Small Scale Mining Operation (SMO) application at the Green River Lithium Project.
  • The SMO application approval allows for the production of 10,000 tonnes per annum of lithium carbonate.
  • The project includes a Direct Lithium Extraction (DLE) production site, a brine extraction field, and a disposal field.
  • All major permits for developing the full-scale lithium carbonate production plant have been granted.
  • Anson plans to drill new disposal wells for the injection and disposal of spent brine from the lithium extraction process.
  • The project aims to be the lowest capital-intensive lithium carbonate producer in the USA.
  • The approved site is already classified as Industrial Land and is strategically located with access to essential resources and infrastructure.
  • The project is designed with minimal environmental impact, aligning with Anson’s sustainability goals.
  • Anson's strategy includes building relationships with government departments to facilitate project approvals.
  • The completion of the Definitive Engineering Study (DFS) will set clear timelines for project development.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.