AGY 2.00% 9.8¢ argosy minerals limited

General Discussion AGY, page-20381

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    The Salta Government granted environmental approval to POSCO for construction of the Sal De Oro Stage 2 Plant on 27 Apr 23, as indicated on the Salta Government's official website. POSCO's Stage 2 operation involves a 23 ktpa lithium carbonate plant and should not be confused with their Stage 1 operation, which focuses on lithium phosphate/hydroxide (with a phosphate plant at Sal De Oro and a hydroxide plant at General Guemes Industrial Park).

    Although I couldn't locate the precise submission date of POSCO's EIA for Stage 2, analysing their acquisition and construction timelines, along with the absence of any reference to Sal De Oro Stage 2 in 2020 around the time AGY submitted its EIA for the Rincon 10 ktpa expansion, suggests that POSCO is progressing through the environmental permitting process at a notably faster pace than AGY.

    By the way, you were the one who inquired about other entities in Salta with approvals larger than RIO's. It would be appreciated if individuals refrained from dismissing any information they dislike as FUD.
 
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