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Anson Resources Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary28 Jan, 2026
Executive summary
Advanced Green River Lithium Project in Utah with revised drilling program and offtake agreement for 300 dry metric tonnes of high-purity lithium chloride with Nusano, supporting project development and future debt funding.
Strengthened technical and commercial cooperation with POSCO on the Green River DLE Demonstration Plant, and signed MoU with Utah State University for lithium workforce training.
Progressed exploration and planning at Yellow Cat Uranium/Vanadium and Ajana Base and Precious Metals Projects, with future drilling programs designed to expand resources.
Financial highlights
Completed $14 million placement to advance Green River Project, with 2-for-1 attaching options listed on ASX.
Ended the quarter with $14.1 million cash on hand.
Quarterly payroll expenditure decreased by 28% and administrative expenditure by 27% over the last two years.
Quarterly exploration and evaluation costs were $1.094 million, mainly for Paradox Basin Projects.
Administration and corporate costs for the quarter were $451k.
Outlook and guidance
Ongoing drilling and sampling at Green River and Paradox projects aim to expand JORC Mineral Resource estimates.
Future exploration at Ajana and Yellow Cat projects targets resource upgrades and new discoveries.
Collaboration with POSCO and local institutions expected to support project development and community benefits.
Mt Fuel sidetrack impact on resource expansion?
What is the status of POSCO's evaluation?
How will the LSI facility be utilized?
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Next Anson Resources earnings date
H1 202611 Mar, 2026
Anson Resources
Next Anson Resources earnings date
H1 202611 Mar, 2026
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Frequently asked questions
Anson Resources Limited is a mineral exploration and development company specializing in lithium and other battery metals. The company's flagship project is the Paradox Lithium Project, located in Utah, USA, which focuses on extracting lithium-rich brines for use in the production of lithium-ion batteries. In addition to lithium, Anson Resources explores for other valuable minerals, including bromine, iodine, and boron. The company aims to support the growing demand for electric vehicle batteries and renewable energy storage through sustainable resource development. Anson Resources Limited is headquartered in West Perth, Australia, and its shares are listed on the ASX.
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