Aussie lithium miner Argosy Minerals soars on Argentine project approval

Argosy Minerals

24/04/2024 03:27

** Lithium developer Argosy Minerals  AGY.AX  rises as much
as 15.4% to A$0.150, its best intraday gain since March 7
    ** AGY trading 11.5% higher at A$0.145 as at 0158 GMT
    ** Top gainer in the ASX All Ordinaries index  .AORD 
    ** More than 4 mln shares change hands, vs the 30-day
average of 3.9 mln shares
    ** Says received approval for development of 10,000 metric
tons per annum lithium carbonate expansion operation at Rincon
Lithium project in Argentina
    ** Project now has all necessary approvals to develop the
project
    ** Adds it will prioritise strategic partner process to
secure capex funding and off-take arrangements

 (Reporting by Sameer Manekar in Bengaluru)
 ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar))