Ann: ASN Signs MoU Lithium Chloride Offtake Agreement with Nusano, page-2

Nice start to the day !
Under the MoU, Anson will supply sample lithium chloride (LiCl) from the Green River Lithium Project, Utah,
for qualification by Nusano to enable further negotiations toward a definitive 5-year (plus 5-year extension)
supply agreement targeting an initial minimum of 300tpa LCE-equivalent with opportunity for further
increases as the market continues to develop.
Nusano intends to use Anson’s lithium chloride as feedstock to produce lithium-6 (Li-6) and lithium-7 (Li-7)
isotopes using Nusano’s proprietary ion-source and separation technologies, which are used in applications
supporting the nuclear sector.
The State of Utah has made the development of critical minerals and downstream processing capacity a
strategic priority. Anson’s Green River Lithium Project is positioned to contribute directly to this objective by
delivering Utah-sourced lithium into the Utah-based nuclear supply chain, further strengthening regional
integration between mining, processing and advanced technology industries.