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Anson Resources Engineering Study Confirms Green River as a Future Low Cost Producer

ChairmanJobsJobs StrategiesIntegration

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AI insight

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Anson Resources' Green River Lithium Project in Utah shows potential as a low-cost lithium producer with a C1 cost of $3,837/t LCE and a $568M capex. The project benefits from high-quality brine and existing infrastructure, with an offtake agreement with LG Energy Solution. This signals a future supply addition for battery-grade lithium carbonate, potentially easing supply tightness for EV battery makers. The impact is project-specific but contributes to global lithium supply outlook.

Signals our AI researcher identified

Extracted by our AI model from this article and related public sources — not direct quotes from the publisher.

  • C1 operating cost of $3,837 per tonne LCE, lowest quartile globally
  • Capital cost of ~$568 million for 20-year mine life
  • Definitive offtake agreement with LG Energy Solution for 40% of annual production
  • Target to produce battery-grade lithium carbonate by 2029
  • Definitive feasibility study underway

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Anson Resources Engineering Study Confirms Green River as a Future Low Cost Producer — News Analysis