InvestSMART

Argosy Minerals Limited (ASX:AGY)

ALERT: Price-sensitive ASX Announcement for AGY
Current share price for AGY : $0.030 -0.002 (-6.25%)+
Release
21 Sep 2026 8:29AM
Price at Release
$0.032
Full Release
download
Summary
Argosy Minerals Limited announced successful lithium chloride crystallisation testworks for its 12,000tpa Stage 1A Rincon Lithium Project in Salta Province, Argentina, confirming that the proposed crystallisation unit process is technically viable and can be designed to achieve a lithium chloride product yield of greater than 99% with little to no purge. The laboratory-scale continuous, semi-continuous and discontinuous test program, undertaken by an independent major European technology provider using lithium brine feedstock from Argosy’s earlier solvent extraction pilot campaign, validated key process steps including evaporation crystallisation, impurity rejection and solid-liquid separation, and showed that the combination of pre-concentration, NaOH treatment, solid-liquid separation and evaporation crystallisation can produce specification-grade anhydrous lithium chloride solid/crystal product. The results provide essential physical property and process design data for the crystallisation feasibility basic engineering package, scheduled for completion in October, and support the broader Definitive Feasibility Study by reducing technology risk, validating the process flowsheet and reinforcing Argosy’s staged development strategy focused initially on high-purity lithium chloride as a lower-capex, simpler and more flexible pathway toward future battery-quality lithium carbonate or hydroxide production.
Key Points
  • Successful crystallisation testworks validated the Rincon Project lithium chloride process route.
  • The crystallisation unit process can be designed to deliver greater than 99% lithium chloride yield.
  • Testworks were completed by an independent major European technology provider.
  • The program used Argosy’s lithium brine feedstock from earlier solvent extraction pilot testing.
  • Testing confirmed specification-grade anhydrous lithium chloride solid/crystal product can be produced.
  • Key process steps assessed included evaporation crystallisation, impurity rejection and solid-liquid separation.
  • Results are being used to complete the crystallisation feasibility basic engineering package due in October.
  • The testwork supports the Definitive Feasibility Study for the 12,000tpa Rincon Lithium Project.
  • Argosy said the outcome reduces technology risk and improves confidence in the process design.
  • Stage 1A remains focused on high-purity lithium chloride product as a lower-capex and flexible development pathway.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.