Not only does Koch have big contacts and pull in the US, but they look to play a huge part in the Lithium & Minerals market. A couple of years ago they announced a big sponsorship of the Compass Minerals Great Salt Lake Lithium Project to the tune of $252 million.
Now they still advertise this partnership on their website- yet on Feb 8th of this year Compass announced that they weren't going ahead with the project.
There's a huge hole in their website, after Compass pulled out, and you get the feeling that ANSON would be the perfect fit & partnership for Koch moving forward...
https://news.kochind.com/news/2022/koch-invests-as-demand-accelerates-boosting-lithium-brine-development-in-north-america?_gl=1*1rub8ah*_gcl_au*MTU1NDQ2MTU2NS4xNzIwOTQxNTY5
Koch Minerals & Trading, a diverse global trading, logistics and investment company, is making a $252 million investment in Compass Minerals to support phase-one development of the company’s Great Salt Lake resource.
- About $200 million from the investment will go toward Compass’ development of the previously identified 2.4 million metric tons of lithium carbonate equivalent (LCE) at its active Ogden, Utah, solar evaporation site – enabling the construction of a commercial-scale direct lithium extraction (DLE) conversion plant, with the remaining amount going toward debt reduction.
BY THE NUMBERS: By 2025, the initial capacity is expected to be approximately 11 kilometric tons (kMT) LCE, with full annual capacity ultimately reaching 35 kMT LCE.
WHY IT MATTERS: The global market for lithium is expected to grow 12% annually from 2022 to 2030, according to recent market research.
In the statement Ann released by Koch & ASN, it mentions partnerships and possible funding, and we've been working with Koch since January, so I won't be surprised with the pilot plant Anns coming up, that we find Koch fills their website need and also Anson's need for money for the project- it's getting close- and imo, this was reflected in buying last week!
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