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Mining

Argosy Minerals chairman Alexander Molyneux lifts stake on-market

Argosy Minerals (ASX:AGY) non-executive chairman, Alexander Molyneux, has purchased 500,000 shares on market for a consideration of $14,000, lifting his stake to 2 million shares.

Molyneux is also the chief executive office of uranium producer Paladin Energy (ASX:PDN).

Argosy is focused on the Rincon joint venture lithium project which it intends to fast track to production of clean commercial grade lithium carbonate.

Rincon is located in the world’s most prolific lithium producing region of Argentina.

Argosy has partnered with pre-eminent lithium processing expert Pablo Aluuralde.