Australia's Anson Resources rises after POSCO deal for Utah lithium project

Anson Resources

13/05/2026 02:25

** Shares of Australia's Anson Resources ASN.AX rise 24.5% to A$0.066, set for their best session since July 15, 2025, if trend sustains

** The Australian lithium miner and POSCO Holdings 005490.KS approve terms for a binding agreement for the development of a demonstration plant at the Green River Lithium Project in Utah, United States

** POSCO will pay A$7.2 million ($5.21 million) facilitation fee to ASN

** Around 11.4 million shares change hands, nearly 2.8x 30-day average

** ASN stock up 3.1%, YTD

($1 = 1.3826 Australian dollars)

 (Reporting by Keshav Singh Chundawat in Bengaluru)

 ((Keshav.singhchundawat@thomsonreuters.com))