logo-loader
viewArgosy Minerals Ltd

Argosy signs binding agreement to acquire strategic US lithium brine project

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 from the only lithium carbonate producer in the country.

Zuvela said was a significant opportunity to leverage Argosy’s lithium brine processing expertise over an expanded asset base.

Quick facts: Argosy Minerals Ltd

Price: 0.058 AUD

ASX:AGY
Market: ASX
Market Cap: $59.13 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Jindalee Resources' Lindsay Dudfield talks plans to unlock value at its...

Jindalee Resources Ltd's (ASX:JRL) Lindsay Dudfield discusses with Proactive London's Andrew Scott the plans to advance its McDermitt US lithium project. Back in June they received encouraging metallurgical test-work results from the project which confirmed an increase in lithium head grade...

2 days, 11 hours ago

2 min read