Business
The Argosy (ASX:AGY) share price is racing 9% higher. Here’s why.
The Argosy Minerals Limited (ASX: AGY) share price is surging today following an update on its Rincon Lithium Project. At the time of writing, the lithium miner’s shares are up 9%, trading at 11.5 cents.
Let’s take a closer look and see what Argosy reported to the ASX market this morning.
Developments works schedule
The Argosy share price is on the rise after the company gave investors a clearer picture of its plans for the Rincon project.
In today’s release, Argosy provided a development works schedule for project construction. The timetable outlines the production phase to mine 2,000 tonnes per annum of lithium carbonate from late in the second quarter of FY22.
Argosy holds a 77.5% interest in the Rincon project, located in…
-
Noosa News17 hours agoOnly person charged over Spear Creek murders admits he lied to police
-
Noosa News18 hours agoAllegedly armed man who sparked hours-long lockdown of Brisbane City Botanic Gardens in custody
-
Business21 hours agoGold price races towards US$4,200 on Tuesday
-
General17 hours agoSouth Sydney Rabbitohs player Tyrone Munro charged with domestic violence offences