Argosy Minerals Limited (AU:AGY) has released an update.
Argosy Minerals Limited has received approval from the Government of Salta Province for the expansion of its Rincon Lithium Project, allowing the development of a 10,000-ton-per-annum (tpa) lithium carbonate production operation. This milestone significantly reduces the project’s development risk and positions the company to advance its strategic partnerships for capital funding and long-term off-take arrangements. The company now aims to increase its lithium carbonate production capacity to 12,000tpa and is moving forward with pre-development engineering and financial investment decision processes.
For further insights into AU:AGY stock, check out TipRanks’ Stock Analysis page.
