AGY
Director Trades
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Company News
Argosy Minerals Poised for Growth as Lithium Market Shows Signs of a Rebound
Battery metals specialist Argosy Minerals (ASX: AGY) has requested a trading halt ahead of the announcement of a much-anticipated capital raising. The proposed raising follows the company’s recent announcement of its execution of a 60-tonne lithium carbonate spot sales contract. Argosy will produce the battery quality (approximately 99.5% purity) lithium carbonate from its Rincon project […]
Argosy signs lithium carbonate spot sale deal with Hong Kong buyer as Rincon gains traction
Argosy Minerals (ASX: AGY) has signed a substantial spot sales contract to supply 60 tonnes of battery-quality (greater than 99.5% purity) lithium carbonate produced at the company’s Rincon lithium project in Argentina to a Hong Kong-based chemical company. The spot sales contract has an agreed fixed price referenced from the Shanghai Metals Market battery-grade lithium […]
Argosy Minerals increases Rincon resource estimate with new tenements and exploration targets
Argosy Minerals (ASX: AGY) has confirmed an upgrade to the total mineral resource estimate at its flagship Rincon lithium project in Argentina’s Salta province. The company engaged Perth-based water management consultancy AQ2 to prepare the update, which includes new tenements acquired in June, an expanded suite of exploration targets and proposed associated field activities. The […]
GrainCorp’s exports face delays, Mineral Resources opens off-market takeover bid for Norwest Energy and Magellan shares plummet
Agriculture giant GrainCorp (ASX: GNC) has confirmed export delays caused by rail and road bottlenecks as countries including China try to secure food supply from one of Australia’s most successful harvests. Last week the giant reached the 10 million tonne milestone for grain delivered into its east coast receival network and insisted there is more […]
Lithium carbonate samples from Argosy Minerals’ Rincon pilot plant achieve highest purity to date
Samples of lithium carbonate product produced at Argosy Minerals’ (ASX: AGY) Rincon pilot plant in Argentina have been analysed by a potential end-user customer and achieved the highest purity recorded to date. The advanced lithium brine explorer delivered five separate product test samples to Mitsubishi Corporation RTM Japan, which then forwarded the samples to its […]
Argosy Minerals gets green light to proceed with lithium carbonate plant at Rincon
Advanced lithium brine explorer Argosy Minerals (ASX: AGY) has gained official environmental approval from Argentina’s Salta Province authorities to develop and operate the proposed lithium processing plant at the flagship Rincon project. The Salta Province Government has now approved Argosy’s environmental impact report for the proposed 2,000 tonne per annum modular lithium carbonate processing plant […]
Argosy Minerals signs offtake agreement with Mitsubishi subsidiary for initial production from Rincon lithium project
Argosy Minerals (ASX: AGY) has signed an offtake deal with Mitsubishi Corporation RtM Japan Ltd for the supply of preliminary production from its flagship Rincon lithium project in the Salta Province of Argentina. Exact quantities and prices have not been disclosed, however Argosy today confirmed the price of each cargo would be determined using a […]
Argosy Minerals eyes commercial operation as lithium brine evaporation pond construction finishes
Emerging lithium producer Argosy Minerals (ASX: AGY) now has 38 hectares of lithium brine evaporation ponds at its flagship Rincon project in Argentina, heralding the completion of stage one and two works and freeing the company to eye commercial production. This is up from the 19ha of lithium brine evaporation ponds that were operational in […]
Argosy upgrades mineral resource estimate for Rincon lithium project
Lithium explorer Argosy Minerals (ASX: AGY) has announced an 18% increase to the original mineral resource estimate at its flagship Rincon lithium project, located within Argentina’s famed “lithium triangle”. The new estimate of 245,120 tonnes of contained lithium carbonate equivalent was calculated from the results of 21 brine investigation holes drilled to depths of up […]
Argosy Minerals pegs up more ground in lithium-brine region near Rincon
Lithium-focussed Argosy Minerals (ASX: AGY) has upped its ground in Argentina’s Salta Province after collaring a further 209.5 hectares near its flagship Rincon lithium brine project. Argosy will add the tenements Mina San Jose, Mine Jujuy and Mina San Marcos to its portfolio in the region, bringing its tenement suite to include more than 2,790ha […]