Anson Resources wins US$212 million tax credit for Utah lithium project

Anson Resources has successfully obtained a second significant financial incentive for its Green River lithium mine in Utah. The company received approval from the Governor's Office of Economic Development Board under the state's Rural Economic Development Tax Increment Financing program. This new credit is valued at roughly US$212 million. The funding specifically supports the development phase of the project located in the Green River region. Anson Resources confirmed the acquisition of these credits during their recent investor update. The award marks an additional step in securing capital for mining operations that will extract lithium from underground deposits at the site. Local officials in Utah recognized the strategic value of adding this mineral processing capacity to the state's emerging battery supply chain infrastructure.