Trident Royalties Plc (GB:TRR) has released an update.
Trident Royalties Plc has announced that Anson Resources Ltd has secured a significant offtake agreement with LG Energy Solution for its Paradox Lithium Project, with Trident holding a 2.50% net smelter return royalty. The deal involves the supply of lithium carbonate for electric vehicle batteries, marking a key step in meeting the rising demand for EVs in the U.S. Furthermore, progress at Anson’s Green River Lithium Project has been reported, indicating the potential for a second production site in Utah.
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