Orocobre Limited Company Presentation for Investor Road Shows to Hong Kong, Singapore and London
02.07.2014 | ABN Newswire
![Orocobre Limited Company Presentation for Investor Road Shows to Hong Kong, Singapore and London](https://www.goldseiten.de/media/goldseiten-news.jpg)
Investment Highlights
Flagship Olaroz lithium project approaching production
- Fully funded to production. Lithium carbonate plant commissioning/start up to commence at the end of August 2014 with the micronisingand drying circuits to follow in mid September. Construction is nearing completion and is projected to be on budget
- Stage 1 production of 17,500 tpa, 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 for more than 3.5 years
- Key partnerships with Toyota Tsusho Corporation and Jujuy provincial government mining company
Borax Argentina operations
- Acquired from Rio Tinto in August 2012: Over 40,000tpa of 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)
- Long-established Borax workforce in Jujuy and Salta Provinces provides valuable support in developing key lithium-potash assets
- 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 complete presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-804869.pdf
About Orocobre Limited:
Orocobre Ltd. 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, "greenfield" 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 at the end of Q2, 2014. The Company also wholly-owns Borax Argentina, an important regional borate producer. Orocobre is included in the S&P/ASX 300 Index and was named 2012 Mining Company of the Year by Argentine mining magazine Panorama Minero and the Fundacion para el Desarrollo de la Mineria Argentina ("Fundamin" or Foundation for Development of Argentina Mining).
Contact:
David Hall, Business Development Manager
Orocobre Ltd.
Tel: +61-7-3871-3985
Mobile: +61-407-845-052
E-mail: dhall@orocobre.com
James Calaway, Chairman
Orocobre Ltd.
Mobile: +1-713-818-1457
E-mail: jcalaway@orocobre.com