Orocobre is pleased to announce, the execution of an agreement for the sale of exploration tenure at Salinas Grandes to LSC Lithium. Pursuant to the Orocobre-LSC Agreement, LSC will acquire mining properties located in Salinas Grandes in Salta and Jujuy provinces, Argentina, which are held by the Orocobre subsidiary South American Salars S.A. As [...]
BRISBANE, Australia, March 27, 2017 /CNW/ -- Orocobre Ltd. (ORE:ASX, ORL:TSX) (Orocobre or the Company) wishes to provide an update on the release of the cash security deposits which back Sales de Jujuy S.A.'s ("SDJ'') working capital facility in Argentina. Strong positive cashflows at SDJ have allowed guarantees, on a 100% basis, of approximately [...]
BRISBANE, Australia, March 23, 2017 /CNW/ -- Orocobre Ltd. (ORE:ASX, ORL:TSX) (Orocobre or the Company) wishes to provide an update on Value Added Tax ( ''VAT'') recovery at Sales de Jujuy S.A. ( ''SDJ'') in Argentina. The Company is pleased to advise that the process of VAT recovery has accelerated and become a routine process over recent months [...]
This press release is being disseminated by Orocobre, a company incorporated under the laws of Australia at the head office address of Level 1, 349 Coronation Drive, Brisbane, QLD, Australia, 4064, as required by National Instrument 62-103 - The Early Warning System and Related Take Over Bids and Insider Reporting Issues. Further to its news [...]
Orocobre is pleased to advice that Sales de Jujuy S.A., the operating company of the Olaroz Lithium Facility, has now paid the six monthly principal and interest payment of US$13.9m due under its project financing facility. The facility now has a residual principal balance of US$155.2m having been reduced by US$36.7m since the first payment of [...]
Orocobre is pleased to provide the Company's latest presentation on Half Year Results 2017 and Strategic Update. KEY NUMBERS 1H FY17 - Strong 1H FY17 Production and Financial Performance - Production of 6,542 tonnes of lithium carbonate, up 309% on prior comparative period (pcp) - Olaroz sales revenue of US$60.5M on 6,588 tonnes, up US$56.1 M on [...]
Orocobre, a leading producer of lithium carbonate, today released its financial results for the half year to 31 December 2016 (1H FY17). Highlights: - 1H FY 2017 profit of US$7.4 million - Total production of 6,542 tonnes of lithium carbonate, up 309% on the prior comparative period (pcp) - Strong results from the first full financial reporting [...]
Orocobre will release 2017 Half Year Financial results on Tuesday 28 February 2017. Managing Director, Mr Richard Seville will conduct a briefing with analysts and institutional investors at 11.00am AEDT (10.00am AEST). The webcast is listen only mode, however written questions maybe submitted via the webcast. A live audio webcast of this briefing [...]
Orocobre Quarterly Report of Operations for the Period Ended 31 December 2016. Highlights: OLAROZ LITHIUM FACILITY (ORE 66.5%) - December quarter production increased 17% QoQ to 3,529 tonnes* in line with previous guidance - December quarter sales revenue of US$27.0 million* on sales of 2,995 tonnes was affected by a strike at Antofagasta Port [...]
Orocobre provides the following update into studies conducted for the Stage 2 expansion of the Olaroz Lithium Facility. - Lithium carbonate equivalent (LCE) production will be expanded from the current 17,500 tonnes per annum (tpa) capacity to 35,000 tpa with commissioning targeted for late 2018/early 2019 - Capital expenditure for the additional [...]
Orocobre today announced that it will divest a number of lithium brine exploration projects which are currently held through Orocobre's Argentine subsidiary South American Salars to Canada's Advantage Lithium. Conference call to be held at 12.00pm AEDT - details at the conclusion of the announcement Under the terms of a Letter of Intent (LOI [...]
In conjunction with announcement of the JV between Orocobre and Advantage Lithium on the Cauchari project in Jujuy Province, the company provides the following technical details. Highlights: The Cauchari project lies between Orocobre's producing Olaroz Lithium facility and the pre-development Cauchari project of Lithium Americas and SQM - The [...]
