Australia's Anson Resources hits nearly 4-month high on incentive for Utah project
BUZZ-Australia's Anson Resources hits nearly 4-month high on incentive for Utah project ** Shares of Australia's Anson Resources ASN.AX rise as much as 35.5% to A$0.0650, marking their biggest intraday pct gain since May 13
** Shares hit their highest level since May 19
** Mineral resources firm says Utah Inland Port Authority has approved business incentive of $194 mln for its Green River lithium project in Utah
** Co says incentive is capped at 50% of projected additional property tax generated by project, provided to ASN over 25 years
** Adds implication of incentive will be assessed in Green River's definitive feasibility study; planned 10,000 ton-per-annum lithium carbonate plant estimated to require $569 million in capital investment
** More than 5.8 million shares change hands, about 3x the 30-day average
** YTD, stock down 9.2%, including session's moves
(Reporting by Subhalakshmi Dey in Bengaluru)
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