Australia's Argosy Minerals hits over 24-yr high on ops progress in Argentina project

Argosy Minerals

01/04/2022 02:08

** Shares of Argosy Minerals  AGY.AX  jump as much as 8.5%
to A$0.51, hitting highest since Nov. 12, 1997
    ** The lithium-focused miner confirms further operational
progress at its Rincon lithium project in Argentina, with 67% of
works now completed  urn:newsml:reuters.com:*:nASX2B6CFv
    ** Says plant commissioning works are 13% complete, but
significant progress will be made over coming months
    ** Says on completion of construction, plant commissioning
and production test-works, and ramp-up to 2,000 tonnes per annum
lithium carbonate operations will follow immediately
    ** AGY up 46.9% YTD as of last close 
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))