Anson Resources Limited is a global critical minerals company committed to advancing sustainable resource development to support the clean energy transition. Headquartered in Brisbane, Australia, the company focuses on exploring and producing lithium, uranium, and other metals essential for lithium-ion batteries and industrial applications. Its flagship Paradox Lithium Project in Utah, USA, aims to establish an environmentally responsible lithium production facility through advanced Direct Lithium Extraction (DLE) technology.
With a binding offtake agreement with LG Energy Solution for 4,000 tonnes of annually supplied battery-grade lithium carbonate, Anson is positioning itself as a key supplier to the global EV market. Beyond lithium, the company also operates the Yellow Cat Uranium Project in Utah and three critical metals exploration projects in Western Australia’s Yilgarn Craton. Anson’s projects emphasize low operating costs, minimized environmental footprints, and strategic alignment with regional infrastructure, enabling rapid delivery of resources to U.S. and global supply chains.
Battery Technology
Anson Resources leverages innovative DLE technology to extract high-purity lithium carbonate sustainably. The technique, employed at its Utah-based Paradox Lithium Project, utilizes natural brine well pressure to reduce energy consumption and carbon emissions compared to traditional methods. Partnering with KOCH Technology Solutions, Anson completed a successful DLE pilot program in March 2025 at its Green River Lithium Project. This demonstrated a 98% lithium recovery rate, over 99% rejection of contaminants, and an industry-leading lithium chloride concentration (Li:TDS ratio of 0.126). The process generates a high-grade lithium chloride solution compatible with existing downstream refining systems.
Anson’s lithium carbonate product, produced through this method, exceeds industry purity standards at 99.95%, enabling improved battery efficiency and stability. Lab testing confirmed that battery cells using Paradox-derived lithium showed lower capacity loss and resistance growth over cycles. The DLE approach also lowers operational costs, placing Anson’s Opex in the industry’s bottom quartile. By utilizing renewable energy for processing and minimizing water usage through closed-loop systems, the company addresses climate and resource constraints inherent in conventional mining.
Recent Projects
In the year prior to April 2025, Anson advanced its Green River project, completing a critical DLE pilot program that validated its technology’s scalability and efficiency. The pilot also achieved reductions in water consumption by recycling 50% of operational fluids, further enhancing environmental performance. Regulatory progress included securing an Underground Injection Control Permit critical to Paradox’s development, reflecting streamlined approvals due to the project’s brownfield status on private land.
Anson reported elevated lithium grades in brine samples from its Paradox Basin drilling campaign, reinforcing the project’s resource potential. Meanwhile, exploration activity at the Ajana Project in Western Australia yielded discoveries of cobalt, copper, nickel, and gold, expanding its critical metals portfolio. CEO Bruce Richardson’s media updates and interviews emphasized the company’s readiness to scale production, targeting initial lithium carbonate output of 10,000 tonnes per year by 2027, with plans to expand to 30,000 tonnes annually.
Investors
Anson Resources’ major shareholder is Chia Tai Xingye International, holding 12.04% of the company. Management ownership includes CEO Bruce Richardson with 1.068%, as well as smaller stakes from insiders. As of early 2025, Anson held approximately $17 million in cash reserves. Unlike peers, institutional investors do not feature among its registered holders, with equity primarily concentrated among individual investors. This shareholder base underscores the company’s early-stage growth trajectory and strategic focus on lithium as a critical mineral for electrification.
Business Details
Location: Brisbane, Australia
Website: https://www.ansonresources.com
LinkedIn: https://www.linkedin.com/company/13357337
