Battery metals: Anson could have bonus cash earner at Paradox lithium project
Lithium play Anson (ASX:ASN) announced 89 per cent boron recoveries in the lab from brine at its Paradox project in Utah.
More than 75 per cent of boron production is used in ceramics, detergents, fertilisers, and glass — but it has numerous other uses.
This lab test work is important. If successful, Anson could potentially make extra cash selling high value minerals like boron, bromine and iodine at Paradox.
The explorer now needs to assess whether it is worth including the recovery of these value-add minerals into its industrial scale lithium pilot plant.
The Anson share price is up almost 6 per cent in early trade:
Advanced vanadium explorer TNG (ASX:TNG) is closer to finalising key environmental approvals for the hefty vanadium, iron oxide and titanium TIVAN processing plant in Darwin.
These approvals pave the way for development activities to kick off at the Mount Peake project – subject to getting finance, of course.
Lepidico finding ways to produce battery-grade lithium chemicals from lower grade, higher impurity ore sources.
It’s building a $3 million 15kg per hour, Perth-based pilot plant — or demonstration facility – to show off this tech to potential sales and finance partners.