Anson has received a formal Letter of Advice from the Economic Development Corporation of Utah outlining proposed state and local incentive programs for the Green River Lithium Project. The potential support package is valued at an estimated aggregate of US$357.7 million, though the offer remains non-binding and subject to final assessment and approval.

The proposed incentives include approximately US$127.75 million in post-performance state tax reimbursements over 20 years and roughly US$229.9 million over 25 years derived from the project area's share of incremental property-tax revenue. If approved, the property-tax allocation could be applied to project infrastructure, potentially allowing for bonding arrangements that reduce upfront capital requirements. The package also includes a 40–50% subsidy on approved workforce-training costs and assistance in developing student and apprenticeship pipelines.

“The formal Letter of Advice received from EDC Utah demonstrates the strategic importance of the Green River Lithium Project to Utah and the United States' domestic critical-minerals supply chain.”

— Bruce Richardson, Executive Chairman and CEO

Final determinations from the relevant Utah authorities are expected in September 2026. Following any approvals, Anson intends to evaluate the incentives for inclusion in the Green River Definitive Feasibility Study to assess their impact on the project’s economics and long-term competitiveness.

Read the full announcement: Utah Backs Green River with Potential US$357.7 M Incentive