Anson Signs Definitive Offtake Agreement with LG Energy Solution
Highlights:Anson Resources (via its 100% owned subsidiary A1 Lithium) and LG Energy Solution have executed a Definitive Offtake Agreement (“Definitive Offtake Agreement”) for the supply of battery grade lithium carbonate from Anson Resources’ 100% owned Project within the Paradox Basin.Subject to the satisfaction of customary conditions precedent (summarised in the annexure), the Initial 5-year term is expected to commence in 2028, with the ability to extend for a further five years.LG Energy Solution to purchase 4,000 dry metric tonnes per year and specifies the operational and logistical requirements for the delivery of product.Pricing is determined using a formula-based mechanism referencing market prices for battery-grade Lithium Carbonate.LG Energy Solution is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems.NEWPORT BEACH, CA, Sept 24, 2025 – (ACN Newswire via SeaPRwire.com) – Anson Resources Limited (ASX:ASN) (“Anson Resources” o…