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Argosy Minerals Advances Definitive Feasibility Study for Rincon Lithium Project in Argentina; Shares Up 3%

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Argosy Minerals (ASX:AGY) said feasibility and engineering works for the definitive feasibility study (DFS) for its 12,000-tonne-per-year Rincon Lithium Project in Argentina are successfully progressing, with multiple test work programs providing strong validation of the updated process flowsheet's capability, according to a Monday Australian bourse filing.

The company said results deliver critical engineering and operating data to support DFS design, equipment sizing and economic evaluation, providing confidence for successful project development.

The company's shares were up nearly 3% in recent Monday trade.

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