Argosy Minerals released updated dynamic modelling results for its Rincon Lithium Project in Salta Province, Argentina.
The project demonstrated capacity for lithium carbonate production, with an estimated resource of 686,875 tonnes.
Independent modelling by AQ2 highlighted two production scenarios: one producing 12,000 tonnes per annum over 42 years and an expanded operation extracting 24,000 tpa for up to 22 years.
The results support Argosy's aspirations for near-term expansion pending regulatory approvals.