Orocobre Ltd. - Olaroz Lithium Facility Production Update

Brisbane, Australia (ABN Newswire) - Orocobre Ltd. (ASX:ORE) (TSE:ORL) wishes to advise on production for October at the Olaroz Lithium Facility.

Production continued to rise in October with 316 tonnes of lithium carbonate produced versus a forecast of 300 tonnes. This is an improvement on the 256 tonnes produced in September and 143 tonnes produced in August. The company will provide an update on the project and the debottlenecking process later in the month. Managing Director, Richard Seville commented; "It is good to see our production continue to increase and this is continuing into November. This is reflecting both debottlenecking and improvements in operating practice".


About Orocobre Limited:

Orocobre Ltd. is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSE:ORL) (OTCMKTS:OROCF), 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 has built, in partnership with Toyota Tsusho Corporation and JEMSE, the first large-scale, greenfield brine based lithium project in 20 years at the Salar de Olaroz with planned production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate.



Contact:

Orocobre Ltd.
Richard Seville, Managing Director
T: +61 7 3871 3985
M:-+61 419 916 338
E: reseville@orocobre.com

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

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