Orocobre Signs Agreement With Toyota Tsusho for Development of Olaroz Lithium Project-BRR Webcast

BRISBANE, AUSTRALIA -- (Marketwire) -- 10/17/12 -- Orocobre Limited (ASX: ORE) (TSX: ORL) has released a webcast with the following details:

Orocobre signs with Toyota Tsusho for Olaroz development
Speaker: Richard Seville, Managing Director
Live date: Wed, 17 Oct 2012 12:50pm AEST

Access this webcast at: www.brrmedia.com/event/105054
Access other ORE webcasts at: www.brrmedia.com/asx/ORE


About Orocobre Limited

Orocobre Limited is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX: ORE)(TSX: ORL), and is building a substantial Argentinian-based industrial minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina. The Company is building in partnership with Toyota Tsusho Corporation the first large-scale, de-novo brine based lithium project in 20 years at its flagship Salar de Olaroz resource, with projected production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate scheduled to commence in Q2 2014. The Company also wholly-owns Borax Argentina, an important regional borate producer. Orocobre has recently been included in the S&P/ASX 300 Index. For further information, please visit www.orocobre.com.

ABN 31 112 589 910



Contacts:

Orocobre Limited
Australia and Asia
Richard Seville, Managing Director
M: +61 419 916 338
rseville@orocobre.com

Orocobre Limited
North America, Bruce Rose, VP-Corporate Development
M: + 1 (604) 377 1423
brose@orocobre.com
www.orocobre.com