Green River Lithium Project
Project Description
- Anson, through its U.S. subsidiary A1 Lithium Inc., is developing the Green River Lithium Project, a direct lithium extraction (DLE) project in Utah’s Paradox Basin. The project will produce 10,000 tonnes per annum of lithium carbonate, more than double current U.S. lithium production.
Project Readiness
- With all major permits complete, a Letter of Interest from the U.S. EXIM Bank for US$330 million, and binding offtake with LG Energy Solution covering 40% of expected production, the project is low-cost, shovel-ready, and de-risked. Backed by premier global partners, Anson’s Green River Project is positioned to deliver first-quartile cost performance supported by natural pressure, low impurities, and existing infrastructure.
Resource Description
- Utah’s Paradox Basin is one of America’s largest and purest brine resources, with naturally pressurized brine and low impurities, reducing pretreatment costs and environmental impact.
- Extracting lithium at the Green River Project is low cost as the brine has low levels of contaminants and can be processed without chemical pretreatment. This delivers significant cost savings and environmental benefits. The brine is naturally pressurized, lifting it to the surface with minimal pumping.
- Anson’s Utah Lithium Projects have a current resource of 1.5 million tonnes and a further exploration target of 1.1 million tonnes of lithium, sufficient to support forecast Phase 1 production of 10,000 tonnes per annum of lithium carbonate for more than 100 years.
U.S. Policy Alignment
- The Green River Project is strategically aligned with U.S. Government critical minerals initiatives and the State of Utah’s strategy to onshore the lithium-ion battery value chain, reinforcing Anson’s role in strengthening domestic supply security and advancing economic development in rural Utah.
- Anson is committed to supporting U.S. energy security through local production, leveraging U.S. resources, expertise, and trusted international partners to build a resilient domestic supply chain.
