Argosy Minerals Limited advise further progress at the Rincon Lithium Project, located in Salta Province, Argentina, with 98% of the total works now completed for the development of the 2,000tpa lithium carbonate production operation. The Company is progressing commissioning and production test-works to produce battery quality lithium carbonate product. Current plant commissioning works have successfully produced primary lithium product, which is being processed through multiple stages to produce battery quality lithium carbonate product.

The construction phase comprises the process plant, equipment and associated installations, earthworks and site facilities (including additional camp development and associated site infrastructure), and expansion of the brine system (pumping station, plant settling ponds), with all construction works at effective practical completion; earthworks/land movements completed (100%); site works completed (100%) (comprising site camp/accommodation, laboratory, office, and other works); brine system works completed (100%) (comprising pumping station and plant settling ponds works); 99% of the process plant completed (comprising plant equipment acquisition, installation and plant warehouse works); and 96% of utilities and associated services (comprising vapour system, communication system and ancillary services works).