Orocobre Limited Stock Market Press Releases and Company Profile
Olaroz Lithium Project and Company Presentation
Olaroz Lithium Project and Company Presentation

Perth, Nov 18, 2014 AEST (ABN Newswire) - Orocobre Limited (googlechartASX:ORE) (googlechartTSE:ORL) provides the latest Company Presentation regarding the flagship Olaroz lithium project approaching production.

The following investment highlights are included in the presentation.

- Commissioning of the lithium carbonate plant commenced in August with the plant expected to be operational by the end of November

- Project expected to be completed on budget

- Stage 1 production of 17,500tpa, high margin/low cost operation

- Large world-class JORC/NI 43-101 resource (6.4mt LCE, 19.3mt KCL, 1.85mtB) enables significant expansion potential

- Sustainable long life project -Feasibility Study considered 40 yrs with only 15% resources extracted

- Battery grade lithium carbonate has been produced at the Olaroz pilot plant since January 2011

- Key partnerships with Toyota Tsusho Corporation and Jujuy provincial government mining company

Borax Argentina operations

- Substantial JORC resource and historical estimates

- Long standing business (50+ years operation) undergoing rejuvenation. NPAT positive in FY14

- Over 40,000tpa production of boron chemicals & mineral concentrates

- Large asset base of 3 mines, 2 concentrate plants and a refinery operation with significant upside from existing assets

- Boron used in fertiliser as a micronutrient, glass, ceramic frits, glazes and tile bodies, wood treatments, polymer additives, detergents, soaps and personal care products (buffering, source of active oxygen)

- Owner of mining properties of a number of lithium exploration projects with a royalty stream (Cauchari, Diablillos and Sal deVida)

Portfolio of Argentinian regional projects with attractive potential

- Proximity of Cauchari & Salinas Grandes brines to Olaroz provides expansion potential & execution flexibility

Long-term lithium, borates and potash markets look very strong

- Annual lithium market demand growth of approximately 10% forecast

- Continued growth in electric transport and lithium battery use has the potential for large demand growth

To view the full presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-829505.pdf


About Orocobre Limited

Orocobre Limited (ASX:ORE)Orocobre Limited  is listed on the Australian Securities Exchange and Toronto Stock Exchange  (ASX:ORE) (TSE:ORL) (OTCMKTS:OROCF), and is building a substantial Argentine based industrial chemicals company through its portfolio of lithium, potash and boron assets. In partnership with Toyota Tsusho Corporation (TTC) and JEMSE, Orocobre has built and is now operating the world's first commercial, brine-based lithium operation constructed in approximately 20 years.

In 2018 Orocobre announced the Stage 2 Expansion of its flagship Olaroz Lithium Facility in Argentina. The Stage 2 Expansion will add 25,000 tpa of lithium carbonate production capacity, taking full production and capacity to 42,500 tpa of lithium carbonate for sale to industrial, technical and battery markets, positioning Orocobre as one of the world's largest and lowest cost lithium chemicals producers.

Additionally, Orocobre and Toyota Tsusho Corporation have commenced construction of the 10,000 tpa lithium hydroxide plant in Naraha, Japan. The construction of the Naraha Lithium Hydroxide Plant will further cement Orocobre's position as a global lithium chemicals producer operating at the bottom quartile of the lithium cost curve. This new hydroxide plant will be the first of its kind in Japan and will provide Orocobre product diversification suitable for different battery technologies and the potential for significant margin growth on our primary lithium carbonate being converted to battery grade lithium hydroxide.

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Contact

Australia and Asia
David Hall
Business Development Manager
Orocobre Limited
T: +61 7 3871 3985
M: +61 407 845 052
E: dhall@orocobre.com

North America
James Calaway
Chairman
Orocobre Limited
M: +1 (713) 818 1457
E: jcalaway@orocobre.com



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