Argosy on target at Rincon
PERTH (miningweekly.com) – ASX-listed Argosy Minerals remains on schedule to start commercial production at its Rincon lithium project, in Argentina, by mid-2022.
The company on Friday told shareholders that some 24% of total work at the Rincon project has now been completed for the development of a 2 000 t/y lithium carbonate production operation.
“The company’s operations team have continued their strong progress with construction and development work, towards commencing 2 000 t/y lithium carbonate production operations at our Rincon project,” said Argosy MD Jerko Zuvela.
“We are excited as we continue our works to transform Argosy into a battery quality lithium carbonate producer and cashflow generator, and to further progress the 10 000 t/y project development expansion. We look forward to a significant near-term growth phase from increasing development activity at the Rincon lithium project,” he added.
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