Anson Resources Ltd’s (ASX:ASN) shares are trading about 34% higher intra-day at 10 cents after successfully producing its first lithium hydroxide product from the Paradox Lithium Project in Utah, US.
The lithium hydroxide product was produced during precipitation test work carried out by Lilac Solutions on a 1000 litre bulk sample extracted from the free-flowing Cane Creek 32-1 well.
Both lithium carbonate and lithium hydroxide have now been successfully produced from Cane Creek brine using the Lilac process.
READ: Anson Resources produces first lithium carbonate, shares rise
This represents a further step forward in determining the production process and determining products that can be offered to customers.
Anson is examining different production processes to assess the best recovery and purity results from the Cane Creek brines, which will also provide the best financial returns.
READ: Anson Resources aims to re-enter three wells as part of fast-track lithium strategy
Anson managing director Bruce Richardson said: “The company is moving as quickly as possible to determine the most economic process to recover value from the brines contained in the Paradox Lithium Project.
“The results achieved by Lilac Solutions in being able to produce lithium carbonate and lithium hydroxide from these brines have been very impressive and are significant steps forward in the development of the project.”
Boron, bromide and iodine test work
Hazen Research, based in Denver, Colorado, has been appointed to complete a series of bench-scale experiments to examine the potential extraction and purification of boron, bromine and iodine from a representative brine sample from the Cane Creek 32-1 well.
Test work on the sample has commenced.
READ: Anson Resources lifts Paradox lithium exploration target 30% after staking new claims
Richardson added: “The ability to produce either lithium carbonate or lithium hydroxide would enable the company to meet the demands of customers of both products and would provide it with the flexibility to meet changes in the product demand.
“While test work will continue on producing battery grade lithium products, the company also looks forward to the results that are anticipated from Hazen in extracting boron, bromide and iodine, as it is considered that the extraction of these minerals may not only provide additional revenue streams but also contribute to improving the quality and recovery of lithium carbonate and/or lithium hydroxide.
“The appointment of Hatch, as a part of the team, brings significant resources and experience to lithium processing and will assist the company in ensuring that the best processing is utilised in the Paradox Lithium Project.”