** Shares of Argosy Minerals rise as much as 12.5% to A$0.090, set for best day since June 28, if current gains hold
** The lithium developer signs spot sales contract for sale of 20 metric tons of battery quality lithium carbonate product from co's operations at Rincon Lithium project
** Co adds contract executed with Korean chemical company
** Argosy stock down 40% this year, as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))
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