• POSCO has rescheduled investment approval decision due to global uncertainty
• POSCO remains strongly committed to the project and partnership with Anson
• Senior-level engagement and technical collaboration between the companies ongoing

Anson Resources Ltd (ASX: ASN) has provided an update on the ongoing cooperation with POSCO Holdings Inc. (POSCO) regarding the proposed Direct Lithium Extraction (DLE) Demonstration Plant at Anson's Green River Lithium Project in Utah, USA. POSCO has rescheduled its internal investment approval process for the demonstration plant, but this is solely due to global uncertainty and not a cancellation. POSCO has successfully completed its technical evaluation, including brine testing and site design for the demonstration plant, and remains strongly committed to the project and partnership with Anson. Recent engagement between the companies has included a senior executive site visit to the Green River project and continued engineering collaboration across multiple workstreams. The Green River Demonstration Plant remains a key component of POSCO Group's battery materials strategy to secure long-term North American lithium supply, advance its proprietary DLE technology, and strengthen its position in the global battery materials supply chain. Anson continues to develop the Green River Lithium Project and is working to achieve milestones and timeline independently of POSCO. Engineering studies are progressing well, and Anson is also in discussions with government and financial institutions for the funding of the next steps in the project's development, including the full-scale production plant.

Anson will continue to advance engineering and development activities at the Green River Lithium Project and support POSCO's investment review process.