POSCO approves definitive agreement with Australia’s Anson for North American DLE project

Published: May 14, 2026 18:58

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According to Anson on May 14, both Anson’s board and POSCO Holdings’ board have approved the terms of a definitive agreement to build and operate a DLE demonstration plant.

The two companies will build the demonstration plant at the Green River Lithium Project site in the Paradox Basin in Utah, the United States. Through the demonstration plant, lithium will be extracted from brine produced from Anson’s Bosydaba #1 well.

The companies aim to sign the final agreement within the second quarter and begin operating the plant next year. They plan to carry out demonstration work through 2028 to secure DLE technology.

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