Shares of Argosy Minerals [ASX:AGY] are up today after providing an operational update for their Rincon Lithium Project.
The $419.9 million market cap lithium miner is trading 6.67% higher today, rising on the back of some positive news from management regarding their upcoming site in Argentina.
Rio Tinto [ASX:RIO] is set to acquire the Rincon Resources Ltd [ASX:RCR] lithium project in Argentina for $825 million.
We examine Wednesday’s updates from Liontown Resources [ASX:LTR], Argosy Minerals [ASX:AGY], and Firefinch [ASX:FFX].
Argosy said it is on schedule to achieve first commercial production of >99.5% battery quality lithium carbonate product from mid-2022. Argosy Minerals [ASX:AGY] shares were somewhat muted in response, up 1.7%.
Argosy Minerals [ASX:AGY] share price is currently trading at 19.3 cents per share, down 6.1% at the time of writing:
The Minerals [ASX:AGY] share price are down today after announcing some progress at their Rincon Lithium Project. Argosy is an ASX-listed company
The Volt Resources [ASX:VRC] has joined the European Raw Materials Alliance (ERMA), sending the VRC share price higher. At the time of writing, VRC share price was up 6%.
This morning, Argosy Minerals Ltd [ASX:AGY] announced the undertaking of high purity lithium hydroxide (LiOH) processing works at its pilot plant — the Rincon Lithium Project.At time of writing, Argosy Minerals share price is trading higher at 11 cents.
After sealing its offtake deal with Mitsubishi Corporation RtM Japan Ltd [TYP:8058] yesterday, Argosy Minerals Ltd [ASX:AGY] has entered a subsidiary covering an initial arrangement for the supply of lithium carbonate, causing shares to surge by as much…