Orocobre Limited Mining Award & First Primary Lithium Carbonate Production

Perth, Australia (ABN Newswire) - Orocobre Ltd. (ASX:ORE) (TSE:ORL) ("Orocobre" or "the Company") is pleased to announce that the Argentine mining magazine Panorama Minero and the Fundacion para el desarrollo de la Mineria Argentina ("Fundamin or Foundation for Development of Argentina Mining) named Orocobre Group's subsidiary Sales de Jujuy SA as "Mining Company of the Year 2014". This prestigious award was presented to Orocobre Group Operations Manager Jose de Castro at the Panorama Minero "Night of Honours" function in Buenos Aires on the 19th of November.

Sales de Jujuy SA was described as being renowned for its model of inclusive governance, providing benefits for all parties in the supply chain through its shared value policy. Diego Soriano, a representative for the community of Olaroz, accompanied Jose de Castro to the event, demonstrating the importance of the local Argentine communities to Sales de Jujuy SA and Orocobre. Orocobre was also awarded the Mining Company of the Year Award in 2012.

Corporate social responsibility forms a key part of the Company's management strategy across all operations. Sales de Jujuy SA was presented with the Silver Cup Award by Inversiones Empresas y Negocios for undertaking outstanding corporate socially responsible activities within the local communities in November 2013 and the Silver Cup Award was presented to Orocobre Group in September 2014.

Orocobre continues to partner with local governments, businesses and communities to deliver on its promise to create a sustainable, responsible and mutually-beneficial operating environment for all.


Commissioning

Having completed commission of the auxiliary circuits, the focus over the past few weeks has been on the primary lithium carbonate circuit. With the commissioning of the belt filter, the plant was able to produce the first primary lithium carbonate on 21st November. A short video of the primary lithium carbonate production is available on the home page of the Company website www.orocobre.com via the button entitled "Lithium Carbonate Plant Commissioning". The commissioning process has now moved on to the purification and micronising circuits which should be completed shortly. The latest images of the Olaroz Project are available for viewing in the Gallery, also accessible via the home page.

To view photographs, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-831722.pdf


About Orocobre Limited:

Orocobre Ltd. is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSE: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:

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

North America
James Calaway, hairman
M: +1 (713) 818 1457
E: jcalaway@orocobre.com