Anson Resources secures approval for 10,000tpa lithium project

• Anson Resources has received final major permit approval for its Green River Lithium Project in Utah.
• The approval resolves regulatory uncertainties and allows the company to advance directly into project financing.
• The company aims to establish the operation as the lowest capital-intensive lithium carbonate producer in the region.

Anson Resources (ASX:ASN) has secured regulatory approval for a mining operation to produce 10,000 tonnes of lithium carbonate annually.

This final major approval resolves prior government permitting uncertainties that had prevented the company from setting clear project milestones.

"The end of the permitting process takes the company into the next critical phase of project financing," said Anson Resources Executive Chairman and CEO Bruce Richardson.

The company stated that a revised layout is expected to reduce infrastructure needs and project construction costs.

Following the announcement, the Anson Resources share price was unchanged at $0.07.

A definitive engineering study has commenced to determine exact cost savings and is expected to finish in early 2027.

The privately owned site in Emery County provides direct access to the national rail network and interstate road systems.