Anson Resources Limited (ANSNF)

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A Unique Lithium Project in an Excellent Jurisdiction
Anson’s flagship project is its Paradox Basin Brine Project in Utah, USA for which Anson is developing an industrial scale in-field pilot plant to produce lithium carbonate for supply to lithium ion battery cathode manufacturers for product qualification testing. Using innovative direct lithium extraction technology and conventional flow sheets for all other processing, Anson will extract lithium from brine rapidly to produce high purity products. No evaporation ponds are required in the process, saving massively on CAPEX, OPEX, space, and processing time. Anson is advancing the recovery and refinement of other chemicals to produce additional high value products from iodine, bromine and boron also contained in the brine. The recovery and processing of these chemicals would provide multiple revenue streams for Anson.

The Paradox Basin has been home to mining operations for almost a century. Intrepid Potash has been operating a potassium chloride operation nearby for half a century. Significant transportation and industrial infrastructure is already built throughout the region including high voltage power, roads, rail, and water supply, making the Paradox Basin a favorable jurisdiction for construction of a chemicals extraction facility. The project is being developed by Anson’s subsidiary company, A1 Lithium Inc.

https://www.ansonresources.com/paradoxbasin