AGY 36.4% 5.2¢ argosy minerals limited

Something out of left field from the Argentinian government....

  1. 18 Posts.
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    Something out of left field from the Argentinian government. Most, if not all senior governors and the secretary of mining are currently in Berlin signing an agreement to supply 20,000 tonnes of Argentine Lithium Carbonate to some heavy duty German/Euro companies, which includes the acceleration of building new facilities in the region. 01st Feb 2024.

    https://hotcopper.com.au/data/attachments/5932/5932357-0f5f4c89e816e5494f3540386d553929.jpg


    Before an in-person audience of more than 140 investors, politicians and representatives of the mining sector and the German energy transition, the Conference on Mining and Critical Materials in Berlin was held in Berlin, of which the governors of the Lithium Table Gustavo Sáenz were protagonists from Salta, Carlos Sadir from Jujuy and Raúl Jalil from Catamarca, in addition to the Secretary of Mining of the Nation Flavia Royón and the governor of San Juan, Marcelo Orrego. A delegation of Argentine companies and the president of the Argentine Chamber of Mining Companies (CAEM), Roberto Cacciola, also participated.In this area, Argentina was presented as a safe, reliable and sustainable supplier for the mining and critical minerals industry, highlighting the country's capabilities to integrate the global energy transition chain based on its resources and the technical and human skills to consolidate in the German and European market based on the added Argentine value.In addition, governors Sáenz, Sadir and Jalil, members of the Lithium Table, signed a collaboration agreement with the German company EUSATI GmbH to work jointly and in coordination with the Region, plus local and European associated companies, in feasibility studies. technical, human and economic resources for the installation of plants for the production of cathode material, cathodes, battery cells, lithium batteries and/or any other industrial activity that aims to promote the development of the materials industry assets for batteries, the manufacturing of battery cells and packs, the development of renewable energy production (photovoltaic / wind) and green sustainable energy (hydrogen, ammonia, green methane) and promoting the decarbonization industry in the territory of the provinces that make up the Lithium Region.Governors of the Lithium Table and the Secretary of Mining of the Nation presented the Argentine mining asset in Berlin. The signing of the agreement was accompanied by the Federal Secretary of Finance and Climate of Germany, Franziska Brantner, and it was signed by the Secretary of Mining of the Nation and the Argentine ambassador to Germany Fernando Brun.This agreement is the purchase commitment of one of the largest importers of critical materials in Europe to advance the acquisition of 20,000 tons of Argentine lithium carbonate, which will be processed in our country, thus allowing the transfer of technology and the addition of worth.

    Full read here.

    https://saltamining.com/contenido/1946/gobernadores-de-la-mesa-de-litio-y-la-secretaria-de-mineria-de-la-nacion-present

    I think this year may be the year for Argosy, or maybe next year. It's all become a blur since buying back in 2016.....................
 
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