Argosy Minerals Limited has successfully produced battery-grade life-cycle engineering (LCE) product from the Stage 1 Plant at the Rincon Lithium Project in the Salta Province of Argentina.
The Australian owned company said that following the recent plant works at the site, approximately 30kg of LCE product was produced. The product was tested in-house and the results indicated that the product is a lithium carbonate content value of 99.6 per cent.
“We are delighted at this significant milestone – to achieve such a result from our Stage 1,500tpa capacity plant is a remarkable success,” commented Argosy’s Managing Director, Jerko Zuvela.
“We believe our chemical process pathway is efficient and scalable, and the success being announced today bodes well for the continued development of stages two and three at the Rincon Lithium Project,” he said.
The LCE is set to be prepared for customer samples, where Argosy will then make arrangements to provide the international cathode and battery-makers for their own quality confirmation and testing.
Argosy said the primary focus and principal Stage 1 milestone is to produce consistent battery grade LCE product for the on-going operations.
The battery grade lithium carbonate content price in today’s market has reached approximate US prices of $15,000 per tonne according to figures by Benchmark Mineral Intelligence. Looking beyond batteries, lithium carbonate can be used in ceramics, glass, cement and aluminium processing, along with the pharmaceutical industry.
More information on Argosy Minerals can be found here.
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