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Where is Anson Resources' Demonstration Plant located and why is it significant for the lithium industry? — ASX:ASN| ASX Mining News & Discussion
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Lykeshares
2y
Official
$ASN
Where is Anson Resources' Demonstration Plant located and why is it significant for the lithium industry?
Anson Resources Begins Construction at Green River Lithium Project: Demonstrating a New Era in Lithium Production
In a significant development for the lithium industry, Anson Resources Limited (ASX: ASN) has announced the commencement of construction for its Demonstration Plant at the Green River Lithium Project. Situated in the Paradox Basin in south-eastern Utah, USA, this state-of-the-art facility will showcase the groundbreaking direct lithium extraction technology employed by Anson. With lithium carbonate as its prized output, the plant will replicate the equipment and processes used at Anson's successful Lithium Innovation Centre in Florida, USA.
A Promising Project Takes Form
Anson's accelerated development of the Green River Project has taken a significant leap forward with the initiation of construction for the Demonstration Plant. This follows a meticulous geotechnical engineering study, undertaken to identify the optimal location for the processing plant, which was confirmed in the project area.
On Green River's Sacred Grounds
The Demonstration Plant finds its
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home on Anson's industrially designated land at Green River. With its strategic location and promising resources, the project aims to continuously produce lithium carbonate (Li2CO3) to meet the needs of Original Equipment Manufacturers (OEMs) and potential offtake partners. These entities will utilize the lithium carbonate in their qualification processes, solidifying Anson's position as a reliable supplier in the industry.
Strides Towards Completion
Anson has secured all necessary approvals for the demonstration plant site, enabling swift progress in groundworks. Additionally, the company has successfully obtained a mains power connection and reached an agreement for a reliable water supply, setting the stage for seamless production.
A Glimpse into the Future
Come January 2024, the Green River demonstration plant is set to unleash its full potential, producing a benchmark 500kg of battery-grade lithium carbonate per annum. This revolutionary endeavor aims to redefine lithium production, solidifying Anson Resources as a frontrunner in the quest for sustainable energy solutions.
As Anson Resources leverages its technological prowess and strategic vision, the world eagerly awaits the successful operation of the Green River Demonstration Plant, marking a new milestone in the journey towards a greener future.
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Lykeshares
144d
Official
Berkshire is hoarding so. much. cash.
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Lykeshares
144d
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Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.
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Lykeshares
175d
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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Lykeshares
1y
Official
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
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Lykeshares
1y
Official
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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Lykeshares
1y
Official
🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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Lykeshares
1y
Official
$ASN
Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?
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