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Argosy Minerals on pathway to production of battery grade lithium

Jerko Zuvela, managing director of Argosy Minerals Limited (ASX:AGY), speaks to Proactive Investors ahead of visiting the company's lithium brine project in Argentina.

Stage one of development at the site is culminating in processing to produce battery grade lithium carbonate from a recently constructed pilot plant. Operations to expand capacity under stage two have commenced, with stage 3 plans already mapped out. 

Meanwhile, work to define a maiden JORC resource is ongoing, and preparations to conduct a preliminary economic assessment are underway, while discussions have begun on potential strategic investment and offtake agreements.

Quick facts: Argosy Minerals Ltd

Price: 0.076 AUD

ASX:AGY
Market: ASX
Market Cap: $77.33 m
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Argosy signs binding agreement to acquire strategic US lithium brine project

Argosy Minerals Limited (ASX:AGY) managing director Jerko Zuvela updates Proactive Investors on the signing of a binding agreement to acquire a strategic lithium project in the US. The sale agreement provides for Argosy to acquire the Tonopah Lithium Brine Project in Nevada, just 4 kilometres...

on 16/8/19

2 min read