Tuesday, April 26, 2022 1:55:47 PM
90% ownership upon development of 10,000tpa operation
? Industrial-scale pilot plant in operation for over 2 years
? Proof of Concept – produced +30 tonnes of battery quality (>99.5%) lithium carbonate (Li2CO3)
? 25 tonnes sold to North Asian customers – allows accelerated
? 2,000tpa operation fully-funded and in construction – 40% complete, first product by mid-2022
? Expansion of additional 10,000tpa Li2CO3 – Permitting approval expected late-2021
? Tonopah Lithium Project in Nevada, USA, located near Albemarle’s Silver Peak lithium operation.
Providing access to high growth US market
? Experienced team, proven producer, proprietary clean technology – First mover advantage
Argosy to become only the second ASX-listed battery quality lithium carbonate producer
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