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2021-01-28 by Proactive Australia
Anson Resources Ltd (ASX:ASN)(FRA:9MY) has decided to accelerate the production of lithium chemicals to Stage-1 of its Paradox Brine Project in Utah, US, following a strategic review and recognition of changing market conditions for lithium.
Engineering and design for the pre-feasibility study (PFS) are well advanced.
Recent work has focused on operational costings and as a result, Anson has also entered several negotiations with equipment, utility and other material suppliers.
The timeframe for an updated Stage 1 lithium preliminary economic assessment (PEA) and brine PFS completion is late first quarter/early second quarter 2021.
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