Anson Resources

Anson Resources advances sustainable mining with innovative Direct Lithium Extraction technology that produces battery-grade lithium and critical metals. Its projects in Utah and Western Australia support clean energy.

Company Location

Country:

Australia

City:

Brisbane

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Company Overview

Anson Resources Limited is a global critical minerals company focusing on sustainable resource development to support the clean energy transition. Headquartered in Brisbane, Australia, it was founded to explore and produce lithium, uranium, and other metals essential for lithium-ion batteries and industrial applications. Its flagship project is the Paradox Lithium Project in Utah, USA, employing advanced extraction technologies with a mission to supply battery-grade lithium for the global EV market.

Battery Technology

Anson Resources employs innovative Direct Lithium Extraction (DLE) technology at its Utah-based Paradox Lithium Project. This uses natural brine well pressure to reduce energy consumption and emissions. The process achieved a 98% lithium recovery rate and over 99% contaminant rejection in pilot tests. The lithium carbonate product exceeds 99.95% purity, enhancing battery efficiency. Renewable energy and closed-loop water systems reduce environmental impact and operational costs.

Products

The company produces high-purity battery-grade lithium carbonate from its Paradox Lithium Project using DLE technology.

Recent Projects

Anson has significant partnerships for its Green River Lithium Project including a 2025 MoU with POSCO Holdings to co-develop a Direct Lithium Extraction demonstration plant funded by POSCO. It collaborates with Koch Technology Solutions on piloting the Li-Pro™ Lithium Selective Sorption unit for lithium extraction. A binding lithium supply agreement is in place with LG Energy Solution for 4,000 tonnes per year. The company also explores cobalt, copper, nickel, gold at its Ajana Project in Western Australia.

Investors

Anson Resources has raised $18.9M across four funding rounds, including A$50M (~$33.4M) for its Paradox Lithium Project. Its major shareholder is Chia Tai Xingye International with 12.0% ownership, while CEO Bruce Richardson holds 1.1%. The company has about $17M in cash reserves and a shareholder base primarily comprised of individual investors, with no major institutional holdings. Additionally, it has a memorandum of understanding with TETRA Technologies for development and licensing.

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