Argosy Minerals Signs Lithium Carbonate Sales Contract with Korean Firm

MT Newswires Live07-19

Argosy Minerals (ASX:AGY) signed a contract with a Korean chemical company for the sale of 20 metric tonnes of battery-quality lithium carbonate product produced from the Rincon lithium project in Argentina, according to a Friday filing with the Australian Securities Exchange.

The agreed fixed price was based on Fastmarkets' 99.5% lithium carbonate min spot prices CIF in China, Japan, and Korea, with payment terms including an irrevocable letter of credit at sight and payment on receipt of original shipping documents, the filing said.

Cargo transport is expected to commence after completing the freight and export protocols, the company said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2452461371?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-07-19 07:55","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2452461371","market":"hk","top_or_hot":-1,"title":"Argosy Minerals Signs Lithium Carbonate Sales Contract with Korean Firm","media":"MT Newswires Live","content":"<html><body><p> Argosy Minerals (ASX:AGY) signed a contract with a Korean chemical company for the sale of 20 metric tonnes of battery-quality lithium carbonate product produced from the Rincon lithium project in Argentina, according to a Friday filing with the Australian Securities Exchange.</p><p>The agreed fixed price was based on Fastmarkets' 99.5% lithium carbonate min spot prices CIF in China, Japan, and Korea, with payment terms including an irrevocable letter of credit at sight and payment on receipt of original shipping documents, the filing said.</p><p>Cargo transport is expected to commence after completing the freight and export protocols, the company said.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Argosy Minerals Signs Lithium Carbonate Sales Contract with Korean Firm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArgosy Minerals Signs Lithium Carbonate Sales Contract with Korean Firm\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-19 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Argosy Minerals (ASX:AGY) signed a contract with a Korean chemical company for the sale of 20 metric tonnes of battery-quality lithium carbonate product produced from the Rincon lithium project in ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PLS.AU","symbol_name":"PILBARA MINERALS LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2452461371","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2452461371","pubTimestamp":1721346919,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Argosy Minerals  signed a contract with a Korean chemical company for the sale of 20 metric tonnes of battery-quality lithium carbonate product produced from the Rincon lithium project in Argentina, according to a Friday filing with the Australian Securities Exchange.The agreed fixed price was based on Fastmarkets' 99.5% lithium carbonate min spot prices CIF in China, Japan, and Korea, with payment terms including an irrevocable letter of credit at sight and payment on receipt of original shipping documents, the filing said.Cargo transport is expected to commence after completing the freight and export protocols, the company said.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PLS.AU":"PILBARA MINERALS LTD","MTX":"Minerals Technologies Inc","AGY.AU":"ARGOSY MINERALS LTD"},"translate_title":"Argosy Minerals与韩国公司签署碳酸锂销售合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MTX":1,"PLS.AU":1,"AGY.AU":0.9},"content_text":"Argosy Minerals (ASX:AGY) signed a contract with a Korean chemical company for the sale of 20 metric tonnes of battery-quality lithium carbonate product produced from the Rincon lithium project in Argentina, according to a Friday filing with the Australian Securities Exchange.The agreed fixed price was based on Fastmarkets' 99.5% lithium carbonate min spot prices CIF in China, Japan, and Korea, with payment terms including an irrevocable letter of credit at sight and payment on receipt of original shipping documents, the filing said.Cargo transport is expected to commence after completing the freight and export protocols, the company said.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2452461371"}