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Argosy Minerals ( (AU:AGY) ) just unveiled an update.
Argosy Minerals Limited has made significant progress in the development of its Rincon Lithium Project in Argentina, achieving key milestones in engineering and feasibility works to reach a construction-ready stage. The company has executed a 40MW energy infrastructure agreement to power the project and completed a successful $2 million placement, positioning itself strongly in the growing international lithium market. The development of the 12,000tpa project is on track, with process design works completed and a strategic partnership in place, ensuring the project’s future profitability and alignment with market demand.
More about Argosy Minerals
Argosy Minerals Limited is a company engaged in the lithium industry, focusing on the development of lithium projects. Its primary assets include the Rincon Lithium Project in Argentina and the Tonopah Lithium Project in Nevada, USA. The company is dedicated to advancing its lithium development strategy with a focus on producing battery-quality lithium carbonate.
YTD Price Performance: 82.14%
Average Trading Volume: 5,968,180
Technical Sentiment Signal: Hold
Current Market Cap: A$78.33M
See more data about AGY stock on TipRanks’ Stock Analysis page.