Share Watch – Anson Resources (ASX:ASN)
Anson’s 99.9% purity lithium carbonate — extracted from supersaturated brines at Anson’s ‘Paradox’ project in the US — has performed better than the commercially available stuff in battery test work by Novonix (ASX:NVX).
The test results indicate that Anson’s product has a longer lifespan compared to commercially available battery grade lithium carbonate.
Anson’s lithium hydroxide is demonstrating similar performance to existing commercial products in long-term cycle experiments, which are still ongoing.
“The results from NOVONIX’s test work clearly demonstrates that the lithium carbonate and lithium hydroxide produced from the Paradox brines have the necessary specifications that Tier 1 battery makers may require,” Anson CEO Bruce Richardson says.
“The purity of the Anson product provides it with a performance advantage over existing commercial products which is expected to attract lithium-ion producers that are aiming to provide a high-performance product.”
“The results of this test work will be shared with potential offtake partners and potential customers during Anson future marketing campaigns.”
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Carbon Market Spot Prices
LGC $35.50 STC $39.25
ESC $38.75 VEEC $82.50
ACCU $24.50 EU ETS €62.75 (up €2.46 this week)
NZU $NZ65.00 (up $5.15 this week) UK ETS GBP54.05 (up 3.16 this week)
Sources: RenewEconomy, demandmanager, Reuters, SMH, Market Watch, Ieta, Stockhead