Anson Resources Ltd. has entered into a partnership with POSCO Holdings to develop a Direct Lithium Extraction (DLE) Demonstration Plant at the Green River Lithium Project. This non-binding Memorandum of Understanding (MoU) aims to leverage Anson's strategic asset and POSCO's operational expertise to strengthen their position in the North American lithium market. POSCO Holdings will fully fund the plant, investing in necessary infrastructure and operating costs, to test DLE technology and verify its commercialization potential in the United States. This collaboration is a significant step in Anson's commercialization strategy, enhancing the Green River Project's appeal as a key contributor to the US supply chain and manufacturing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.