Ann: Rincon Construction Update - Stage 2 ponds fully operational, page-4

Initial Stage 2 evaporation ponds filled with lithium brine
Solar evaporation and lithium brine concentration in full effect
Pumping tests scheduled for production wells 1 & 2
Application submitted for construction of remaining Stage 2 lithium brine evaporation ponds
Stage 1 pilot plant undergoing construction in preparation for upcoming LCE testworks
Argosy progressing to 77.5% ownership in Rincon Lithium Project Joint Venture early
Exploration diamond drilling re-commencing this week
Continued engagement with Asian LCE end-users for potential off-take and Stage 3 investment _______________________________________________