on Anson Resources (isin : AU000000ASN8)
Anson Resources Obtains Final Approval for Green River Lithium Project
Anson Resources Limited, listed on ASX under ASN, has received the final approval from the State of Utah's Department of Natural Resources, Division of Water Rights. This marks Utah's first major approval for large-scale lithium production at the Green River project.
The approval confirms that local water resources and surrounding areas will not be adversely affected by brine extraction. This is a significant step towards producing environmentally-friendly lithium, integral to the U.S. transition to electric vehicles and the decarbonization of the economy.
The project could substantially benefit the local economy, creating up to 500 construction jobs and 60 full-time positions. Using Direct Lithium Extraction (DLE) technology, it aims to be one of the cleanest sources of lithium globally, while employing methods that use less water and reduce carbon emissions.
This development is crucial as the U.S. seeks to reduce dependency on China for battery supply chains. According to Rich Nolan, President and CEO of the National Mining Association, the project upholds the highest environmental and safety standards.
R. H.
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