Why has Anson completed the acquisition of a strategic land package at the Green River Lithium Project?
Anson Resources Limited (ASX: ASN, ASNOD) has successfully acquired a strategic land package at the Green River Lithium Project in Utah, USA. This land package is an important addition to the Green River Project area and will be the site for Anson's proposed future lithium extraction and production facility.
What are the benefits of the Green River Project location?
The Green River Project area is surrounded by existing infrastructure, including a national rail network, an interstate road system, gas and power access, and proximity to the Green River. This means that developing the project at this site could lead to significant time and cost savings for future project development.
What does Anson plan to do with the Green River Project?
Anson intends to develop the Green River Project into a significant lithium producing operation, alongside the nearby Paradox Lithium Project. The company is currently conducting preliminary design and engineering studies for the location of the plant as well as assessing the availability of supporting utilities such as power and water supply.
What progress has been made in the acquisition?
Anson has fulfilled all the conditions for the sale and purchase of the land package and has paid USD$2.
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4 million to complete the acquisition from Boysdaba Holdings LLC, the previous owner. Title for the property has been transferred to Anson, and the transaction has been recorded by both the Grand and Emery counties.
What are the next steps for the Green River Project?
Anson has already submitted applications for licenses for the development of the plant. The company will continue its ongoing studies and assessments to advance the project and ultimately establish a lithium extraction and production facility at the Green River Project site.
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#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
