BRISBANE, AUSTRALIA -- (Marketwire) -- 07/16/12 -- Orocobre Limited (TSX: ORL)(ASX: ORE)is pleased to provide the opportunity to listen to an audio broadcast with Managing Director Richard Seville in a presentation titled "Orocobre Limited receives approval to develop the Olaroz lithium project".

To listen, type the following link into your web browser: http://www.brrmedia.com/event/99121.

About Orocobre Limited

Orocobre Limited is listed on the Australian Securities Exchange (ASX: ORE) and Toronto Stock Exchange (TSX: ORL), and is the leading lithium-potash developer in the lithium and potassium rich Puna region of Argentina. Orocobre's Olaroz Project's definitive feasibility study outlines a project with a 40-year life producing 16,400 tonnes annually of battery grade lithium carbonate and 10,000 tonnes annually of potash. The Company intends to commence construction in 2012, with commercial production following in 2014. For further information, please visit www.orocobre.com.

ABN 31 112 589 910

Contacts:

Orocobre Limited

Richard Seville

Managing Director

M: +61 419 916 338
rseville@orocobre.com


Orocobre Limited

Bruce Rose

VP-Corporate Development

M: +1 (604) 377 1423
brose@orocobre.com
www.orocobre.com