Orocobre Limited Stock Market Press Releases and Company Profile
Request for Trading Halt
Request for Trading Halt

Brisbane, June 25, 2015 AEST (ABN Newswire) - Orocobre Limited (googlechartASX:ORE) googlechartTSE:ORL) (the Company) - Request for Trading Halt

In accordance with Listing Rule 17.1 the Company requests a trading halt be applied to all of its quoted securities.

The Company advises the following:

1. Reason for the Trading Halt

Pending release of an announcement in relation to a proposed capital raising via placement of ordinary shares to sophisticated investors.

2. Length of trading halt.

Until the opening of trade on Monday 29 June 2015 or until the announcement is made.

3. The event that the Company expects to happen that will end the trading halt.

A relevant announcement by the Company.

The Company is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

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

Orocobre Limited
E: mail@orocobre.com
WWW: www.orocobre.com.au


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