Orocobre Limited - New Director Appointment

Brisbane - Orocobre Ltd. (ASX:ORE) (TSE:ORL) (OTCMKTS:OROCF) (Orocobre or the Company) is pleased to announce the appointment of Australian commercial and finance executive, Ms Leanne Heywood to its Board of Directors effective today.

Orocobre Chairman, Mr Rob Hubbard, said "we are pleased to have attracted a Director of Ms Heywoods calibre and experience in the mining industry."

"Ms Heywood is an executive and leader with over 20 years corporate experience. Ms Heywood brings a wealth of talent in strategic marketing, business finance and compliance which will be invaluable as Orocobre expands in global markets."

"She has led organisational restructures, disposals and acquisitions as well as complex negotiations across international boundaries and will be a welcome addition to the Orocobre Board," Mr Hubbard said.

Ms Heywood has made Board level contributions in international supply chain, strategic risk evaluation, international stakeholder management, international marketing, high value negotiations, and mergers and acquisitions. Her contribution to the mining industry has been recognised through the NSW Minerals Council Mining Awards.

Ms Heywood serves as a non-executive director for Gunawirra, a not-for-profit organisation working to empower young Aboriginal parents, and is a member of the NSW Council for Women's Economic Opportunity.

Ms Heywood holds a Bachelor of Business (Accounting) from Charles Sturt University and has completed an MBA at the Melbourne Business School, University of Melbourne. She also holds membership with the Australian Institute of Company Directors and CPA Australia.


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.
Andrew Barber Investor Relations Manager
T: +61-7-3871-3985
M: +61-418-783-701
E: abarber@orocobre.com
www.orocobre.com