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ASN: Anson Signs MoU with POSCO Holdings for DLE Demonstration Plant Development at Green River
Anson Resources and POSCO Holdings have signed a non-binding MoU to develop a DLE Demonstration Plant at Green River Lithium Project Anson Resources and POSCO Holdings have signed a non-binding MoU to develop a large scale DLE Demonstration Plant ...
About this update from Posco Holdings Inc.
[{"type":"text","content":"Anson Resources and POSCO Holdings have signed a non-binding MoU to develop a DLE Demonstration Plant at Green River Lithium Project","length":132,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Anson Resources and POSCO Holdings have signed a non-binding MoU to develop a large scale DLE Demonstration Plant at Green River.","length":129,"tagName":"p"}]},{"val":[{"type":"text","content":"POSCO Holdings plans to construct a Demonstration Plant to test DLE technology and has initiated a review of Anson's Green River Lithium Project.","length":149,"tagName":"p"}]},{"val":[{"type":"text","content":"POSCO Holdings plans to fully fund the plant, invest in all required infrastructure and operating costs, including a site lease fee, for the scaled demonstration testing.","length":170,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":448,"olType":false},{"type":"text","content":"NEWPORT BEACH, CA / ACCESS Newswire / June 29, 2025 / Anson Resources Limited (ASX:ASN) ("Anson" or the "Company") is pleased to announce that it has executed a non-binding Memorandum of Understanding ("MoU") with POSCO Holdings Inc. (KRX: 005490, NYSE: PKX) to collaborate on the construction of a demonstration plant at the Green River Lithium Project ("Project") in the Paradox Basin, southern Utah, USA. The parties will also explore future partnership opportunities at the Project.","length":526,"tagName":"p"},{"type":"text","content":"POSCO Holdings will make an investment decision on the demonstration plant at the Green River Lithium Project through the finalisation of its due diligence and internal review, expected to be completed by December 2025.","length":219,"tagName":"p"},{"type":"text","content":"The two companies will also explore potential business cooperation opportunities, including joint investment in the Project, contingent on positive feasibility outcomes.","length":169,"tagName":"p"},{"type":"text","content":"The Green River Lithium Project, owned by Anson Resources's subsidiary, Blackstone Minerals NV LLC, offers compelling advantages, including low forecast production costs, ready access to existing infrastructure and a skilled local workforce. The Project sits in a strategic location within the United States to support the growing demand for domestically source...