Posted here for those that take an interest in HC posts for WOR
AND HERE 'TIS:
24 November 2021 ASX release
WORLEY LIMITED (WORLEY) (ASX: WOR)
Anson Resources awards agreement for Paradox Lithium Bromine project
A1 Lithium Inc., a subsidiary of Anson Resources Limited (Anson Resources), has awarded Worley an
agreement to conduct a detailed feasibility study on their Paradox Lithium Bromine project in Moab, Utah,
USA.
Under the agreement, Worley will provide engineering services to execute a detailed feasibility study for a
greenfield lithium development. The outcome of the project will be a final total-installed cost estimate that
will enable Anson Resources to move forward into the detailed design and construction phases of the
project. The development will produce lithium carbonate equivalent for the electric vehicle and battery market and is targeted to start production in 2024. Sustainable solutions for the project will include solar power and
minimizing the use of chemicals.
The services will be executed by Worley’s Denver office with support from Worley’s global lithium expertise
in Australia and Chile as well as support from Worley’s Global Integrated Delivery Team in India.
“We are delighted to be partnering with Anson Resources to develop crucial energy transition materials in a
sustainable way. We are helping our customers adapt to the world’s changing energy needs and achieve
their renewable energy goals, so this is a strategically significant project for Worley,” said Chris Ashton,
Chief Executive Officer of Worley.
Authorized for release by Nuala O’Leary, Group Company Secretary.
For further information, please contact:
Veréna Preston Group Director Investor Relations
Ph: +61 402 125 930
[email protected] www.worley.com
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Last updated 15.59pm 30/05/2024 ? |
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