Argosy Minerals Limited (AU:AGY) has released an update.
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Argosy Minerals Limited is making significant strides in its Rincon Lithium Project in Argentina, aiming to achieve commercial production of high-quality lithium carbonate. The company recently secured a premium sales contract for lithium carbonate at $13,400 per ton, surpassing current market prices, and is progressing in its project development with strong cash reserves. This strategic advancement positions Argosy well in the growing lithium market, with plans to expand production capacity in the future.
For further insights into AU:AGY stock, check out TipRanks’ Stock Analysis page.
