24 Nov

Anson Resources awards Paradox Lithium Bromine project

Level 17, 141 Walker Street North Sydney NSW 2060 Australia Telephone: +61 2 8923 6866 www.worley.com Worley Limited ABN 17 096 090 158 24 November 2021 ASX release WORLEY LIMITED (WORLEY) (ASX: WOR) Anson Resources awards agreement for Paradox Lithium Bromine project A1 Lithium Inc., a subsidiary of Anson Resources Limited (Anson Resources), has awarded Worley an agreement to conduct a detailed feasibility study on their Paradox Lithium Bromine project in Moab, Utah, USA. Under the agreement, Worley will provide engineering services to execute a detailed feasibility study for a greenfield lithium development. The outcome of the project will be a final total-installed cost estimate that will enable Anson Resources to move forward into the detailed design and construction phases of the project. The development will produce lithium carbonate equivalent for the electric vehicle and battery market and is targeted to start production in 2024. Sustainable solutions for the project will include solar power and minimizing the use of chemicals. The services will be executed by Worley’s Denver office with support from Worley’s global lithium expertise in Australia and Chile as well as support from Worley’s Global Integrated Delivery Team in India. “We are delighted to be partnering with Anson Resources to develop crucial energy transition materials in a sustainable way. We are helping our customers adapt to the world’s changing energy needs and achieve their renewable energy goals, so this is a strategically significant project for Worley,” said Chris Ashton, Chief Executive Officer of Worley. Authorized for release by Nuala O’Leary, Group Company Secretary. For further information, please contact: Veréna Preston Group Director Investor Relations Ph: +61 402 125 930 investor.relations@worley.com www.worley.com About Worley: Worley is a global company headquartered in Australia and our purpose is delivering a more sustainable world. Worley is a leading global provider of professional project and asset services in the energy, chemicals and resources sectors. As a knowledge-based service provider, we use our knowledge and capabilities to support our customers to reduce their emissions and move towards a low carbon future. Worley Limited is listed on the Australian Securities Exchange (ASX: WOR).
Information on this Website is provided for general information purposes only and is not a substitute for professional advice. ASX Information (including company announcements and prices) is delayed by at least 20 minutes. JSE Information (including company announcements and prices) is delayed by at least 15 minutes. Reliance on the information you access on or from this Website is solely at your own risk. We make no representation or warranty in relation to the future performance of the companies that appear on this Website. Investment in securities involves risk and you should obtain independent professional legal, financial, investment or company advice before acting on any of the information you access on this Website. Using, browsing or otherwise accessing this Website is subject to our Terms and Conditions and our Privacy Policy.

© 2021 Listcorp. ABN 60 166 140 307

Never miss news from Worley Limited (ASX:WOR) when you join Listcorp.