Argosy Minerals produces high-quality, battery-grade lithium carbonate using proprietary chemical processing technology ensuring low impurities. Its flagship Rincon Lithium Project employs an environmentally friendly lithium extraction process from brine using evaporation ponds, followed by refining into high-purity lithium carbonate. This method minimizes energy and water use and aligns with sustainability goals, providing essential materials for lithium-ion batteries powering EVs, renewable energy systems, and electronics.
The company produces high-purity lithium carbonate as its core product, suitable for manufacturing lithium-ion batteries. The Rincon Lithium Project aims to produce up to 12,000 tonnes per annum (tpa) of lithium carbonate equivalent (LCE) as part of scaling its operations to meet battery market demand.
Argosy Minerals has progressed in its Rincon Lithium Project with updated dynamic modeling as of 2025, a JORC Mineral Resource upgrade in 2024, and ongoing engineering and feasibility studies targeting a final investment decision and early site works in 2025. The project aims to expand lithium carbonate production capacity to 12,000 tpa, highlighting the company’s commitment to scaling operations in the lithium market.
Argosy Minerals’ investors include institutional players such as Vanguard Developed Markets Index Fund Admiral Shares, SPDR Portfolio Developed World ex-US ETF, and Sprott Funds Trust (manager of the Sprott Lithium Miners and Energy Transition Materials ETFs). Major individual shareholders include Managing Director Jerko Zuvela, Dihna Nada Zuvela, and Steven Marin Zuvela. The company has a free float of approximately 82.9%.
