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ASN Anson Resources News Story

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Australia's Anson Resources climbs on deal with POSCO for Utah lithium plant

BUZZ-Australia's Anson Resources climbs on deal with POSCO for Utah lithium plant

** Shares of Australia's Anson Resources ASN.AX rise as much as 12.8% to A$0.053, their biggest gain since May 13

** Mineral resources firm signs a definitive Demonstration Plant Agreement with South Korea-based POSCO Holdings 005490.KS for the Green River Lithium Project, Utah, U.S.

** Co says POSCO to pay A$7.2 million ($5.04 million) facilitation fee to it

** POSCO to design, construct and operate Direct Lithium Extraction Plant at its own expense

** ASN down 23.1% YTD

($1 = 1.4284 Australian dollars)


(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))

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