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Anson Resources (ASX:ASN) ramps up lithium carbonate production at demo plant, Florida

ASX News, Materials
ASX:ASN      MCAP $167.7M
15 September 2023 11:16 (AEST)

Lithium Carbonate produced at Anson’s Lithium Innovation Centre. Source: Anson Resources

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.

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