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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: 0.032 AUD

Market: ASX
Market Cap: $32.62 m

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