Lithium Carbonate produced at Anson’s Lithium Innovation Centre. Source: Anson Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Anson Resources is ramping up lithium carbonate production at its demonstration plant in Florida, USA
  • Battery-grade carbonate is being produced from brines from the ASN’s Paradox lithium project in south-eastern Utah
  • The product employs a flowsheet provided by the company’s DLE partner, Sunresin
  • The product is being supplied to vehicle manufacturers and their CAM partners to secure long-term offtake agreements
  • ASN shares are up 3.33 per cent, trading at 15.5 cents at 11:16 am AEST.

Anson Resources (ASN) has ramped up lithium production at its demonstration plant in Florida to accommodate the demand from potential offtake partners.

The plant is producing battery-grade lithium carbonate from brines sourced from the company’s Paradox project in south-eastern Utah, USA.

The carbonate product employs the flowsheet provided by Anson’s direct lithium extraction (DLE) partner, Sunresin.

The ramp-up in production marks a significant step forward, enabling the company to provide samples to potential end-users as part of a product supplier qualification process.

It’s being supplied to vehicle manufacturers and their cathode active material (CAM) partners in a bid to secure long-term offtake agreements.

“The DLE technology Anson has selected for the Paradox lithium project has been proven commercially, and now we are in process of providing battery-grade lithium carbonate samples to large vehicle manufactures and their CAM’s in the USA as part of a structured supply qualification process in order to qualify as a supplier to these end-users,” ASN Executive Chair and CEO Bruce Richardson said.

“Samples of different quantities are required by various groups in the supply qualification process, and Anson continues to ramp up production at its demonstration plant to meet demand.”

The company announced production would continue to increase, reaching 1 tonne per annum by the end of this year, sufficient to meet stage one and two supply qualification requirements for potential offtake partners.

ASN shares were up 3.33 per cent, trading at 15.5 cents at 11:16 am AEST.

ASN by the numbers
More From The Market Online
The Market Online Video

ASX Market Close: Index claws back intraweek losses | 26 July, 2024

The ASX200 closed up 0.76% today. Losses from earlier in the week were clawed back with…
A visual representation of e-commerce.

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Several ASX-listed businesses have been gaining ground in the retail sector based on their focus on…
The Market Online Video

ASX Market Update: Mining and Energy stocks lead rising bourse | July 26, 2024

The ASX200 is trading up around 0.87% to just about 7930 points. Materials has been the…