Argosy Minerals Limited (AU:AGY) has released an update.
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Argosy Minerals Limited has received essential regulatory approval for their 10,000tpa lithium carbonate expansion project at the Rincon Lithium Project in Argentina, marking a significant de-risking step towards large-scale production. The company has also secured a strategic $5 million investment from Amperex Technology Limited, bolstering their financial position for advancing the project. With 80 tons of lithium carbonate already stockpiled and a premium price achieved in a recent spot sale, Argosy is well-positioned in a supportive international market to accelerate their lithium production development strategy.
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