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Anson Resources Ltd

Anson Resources begins bromine recovery test work

Test work so far has focused on extracting lithium but the extraction of other valuable chemicals such as bromine could increase project economics.

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Iodine and boric acid extraction and recovery test work is expected to follow

Anson Resources Ltd (ASX:ASN) has commenced detailed test work on the extraction and recovery of additional chemical products from brine sourced from the Paradox Lithium Project in Utah, US.

Initial test work earlier in 2019 recovered 70% of the bromine, 89% of the iodine, and 89% of the boron.

The next stage of test work is focused on the extraction and recovery of bromine, which Anson has appointed De Dietrich Process Systems to perform.

The work includes the estimation of the operating and capital costs for commercial plant which is intended to be incorporated into future feasibility studies.

READ: Anson Resources delivers lithium carbonate sample for prospective China customers

While Anson investigates adding value to a future mining operation at Paradox through the extraction of additional chemicals, it is progressing its core lithium carbonate strategy.

Recently, the company delivered its first sample of lithium carbonate to a cathode producer in China for testing purposes.

Notably, the prospective customer supplies cathodes to a number of battery manufacturers in China.

Furthermore, the delivery of the lithium carbonate samples followed the company releasing its maiden JORC resource for the Paradox Project.

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Price: $0.04

Market: ASX
Market Cap: $19.8 m
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Anson Resources releases JORC Mineral Resource on Paradox Brine Project in Utah

Anson Resources (ASX-ASN) Chairman and CEO Bruce Richardson joined Steve. Darling from Proactive Investors to talk about their maiden JORC Mineral Resource which saw inferred and indicated of 118,000t of contained lithium carbonate. Richardson talks about some of the other key numbers from...

on 19/6/19

2 min read