Argosy Minerals sees first batch of lithium carbonate | Finance News Network

Argosy Minerals sees first batch of lithium carbonate

Company News

by Rachael Jones

Argosy Minerals (ASX:AGY) is pleased to announce that the first batch of lithium carbonate (“LCE”) has been produced from the pilot plant.

This is a significant milestone for the Rincon Lithium Project, located in Salta Province in Argentina.

A sample of the first one kilogram production batch was tested in the Company’s lab and determined to be a good quality ‘industrial grade’ LCE.

Following on from the milestone announced today, the Company will continue works to realise the principal Stage 1 milestone – that’s a scalable, cost effective chemical process solution to produce consistent battery grade LCE product for all development stages.

Shares in Argosy Minerals (ASX: AGY) 26.67 per cent lower at 22 cents
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.