Argosy Minerals MD highlights “big positive” at Rincon Lithium Project
–News Direct–
Argosy Minerals Limited (ASX:AGY, OTC:ARYMF) Managing Director Jerko Zuvela speaks to Thomas Warner from Proactive after the Australian lithium project developer released a progress update for its flagship Rincon Lithium Project located within Argentina's Salta province.
He explains that Argosy Minerals is in the process of building a 2,000-tonne per annum facility to produce lithium carbonate, with plans to expand operations by an additional 10,000 tonnes annually.
Since initiating the project in 2016, the company has emphasised its focus on chemical processing over mining, extracting brine from the Salt Lake to produce battery-quality lithium carbonate. Despite facing challenges with lithium prices and regulatory approvals, Zuvela believes Argosy has made significan...
