AGY
Argosy Minerals
Argosy Minerals Limited is a materials company focused on the extraction and production of lithium carbonate primarily from its Rincon Lithium Project in Argentina. The company's strategic goal is to become a leading producer and supplier of lithium, a critical component for batteries and renewable energy solutions. With resources in Argentina and Nevada, USA, Argosy aims to capitalize on the grow...
Shorted
About
website
industry
address
Key Metrics
More Materials Stocks
Other shorted stocks in this sector
Short Position Trends
Track bearish sentiment and short interest over time
Historical Price Data
View stock price movements, volume, and trading patterns
Industry & Focus
Company Overview
AI-generated company summary
Argosy Minerals Limited is a materials company focused on the extraction and production of lithium carbonate primarily from its Rincon Lithium Project in Argentina. The company's strategic goal is to become a leading producer and supplier of lithium, a critical component for batteries and renewable energy solutions. With resources in Argentina and Nevada, USA, Argosy aims to capitalize on the growing demand for electric vehicles and energy storage systems.
Company History
Argosy Minerals Limited was founded in 1997 and is headquartered in Perth, Australia. The company's flagship project, Rincon Lithium Project, is located in the 'Lithium Triangle' in Argentina, a region known for having some of the world's largest lithium reserves. Argosy has been sprinting towards becoming a near-term producer of battery-grade lithium carbonate, with continuous development and expansion of their operations. The company listed on the ASX in 1994, and over the years, has pivoted towards a strong focus on lithium as demand for renewable energy solutions grew.
Competitive Advantages
Argosy Minerals benefits from its valuable strategic location within the 'Lithium Triangle,' ensuring access to some of the world's richest lithium reserves. The company's advanced industrial pilot plant in Argentina enables efficient lithium carbonate production, positioning it advantageously as a near-term lithium producer. Moreover, Argosy's ongoing partnerships and collaborations support technological advancements and operational scalability.
Risk Factors
- •Volatility in global lithium prices may impact profitability.
- •Geopolitical and regulatory changes in Argentina could affect project continuity.
- •Environmental and operational challenges related to lithium extraction and processing.
Recent Developments
Last 6 months
In the last six months, Argosy has advanced its Rincon Lithium Project to secure funding for further development phases. There have been positive updates on the plant's production capacity, aiming to reach commercial sales. Recent strategic initiatives have focused on enhancing partnerships and securing potential off-take agreements with global buyers.
Key People
Leadership team at Argosy Minerals
Jerko Zuvela
CEO
With extensive experience in the resources sector, Jerko Zuvela has led Argosy Minerals as CEO, focusing on the development and expansion of the Rincon Lithium Project to establish Argosy as a significant player in the lithium market.
Shane Turner
CFO
Shane Turner serves as the CFO, bringing over 20 years of experience in financial management within the mining sector, overseeing Argosy's financial planning, reporting, and investor relations efforts.
Financial Reports
82 reports available
Showing 10 of 82 reports