Orocobre has released an audio webcast with the following details: Orocobre CEO, Richard Seville, discusses the Company's progress in production ramp up at Olaroz, the recent change of government in Argentina and the lithium market. Speaker: Richard Seville, Managing Director and CEO Listen to this webcast.
Orocobre wishes to advise on production for February at the Olaroz Lithium Facility. Production continued to rise in February with 761 tonnes of lithium carbonate produced, in excess of the internal target of 725 tonnes for the month. This is an improvement on the 699 tonnes produced in January and the 427 tonnes produced in December. Production [...]
Orocobre is releasing the half year results for the period July-December 2015. Overview The Company's incurred a net profit/ (loss) after tax for the half year of ($28,275,078) (31 December 2014: $2,307,746), which was primarily related to foreign exchange translation. As all the activities of the Company are outside Australia, the Company is [...]
Orocobre wishes to advise on progress at the Olaroz Lithium Facility. - Production of 699 tonnes of lithium carbonate was achieved in January, an increase of 272 tonnes over December and above guidance. - The "de-bottlenecking" programme commenced mid last year was completed. - Cash operating cost breakeven achieved. - Production for the March [...]
Orocobre issued 25,350,551 ordinary shares in the Company to institutional and sophisticated investors on 1 February 2015, as outlined in the Company's announcement of 22 January 2016. As required by section 708A(6) of the Corporations Act 2001 (Cth) (Corporations Act), the Company notifies ASX that: a) the shares were issued without disclosure [...]
Orocobre Quarterly Report of Operations, Activities and Cashflow Report For The Period Ended 31 December 2015 Highlights Olaroz Lithium Facility - Production ramp up continues with production of 1,108 tonnes of lithium carbonate during the quarter. This is an increase of 616 tonnes over the previous quarter. All reported lithium carbonate tonnes [...]
Orocobre is pleased to announce it has raised A$85,000,000 through a placement of 40,476,190 shares to domestic and international institutional and sophisticated investors at an issue price of $2.10 per share, representing a 10.7% discount to the 5 day VWAP of the Company's shares prior to the Company entering into a trading halt on 20 January [...]
In accordance with Listing Rule 17.1 Orocobre requests a trading halt be applied to all of its quoted securities. The Company advises the following: 1. Reason for the Trading Halt Pending release of an announcement in relation to a proposed capital raising via placement of ordinary shares to institutional and sophisticated investors. 2. Length [...]
Orocobre wishes to advise on progress at the Olaroz Lithium Facility. Key Points: - Production of 427 tonnes of lithium carbonate was achieved in December, an increase of 62 tonnes over November, with production rates of 20tpd being achieved towards the end of the month. - December production was negatively impacted by the need for structural [...]
Orocobre wishes to provide guidance on the impact of changes in Argentine Government policy on its business operations in Argentina. Mauricio Macri was elected as President of Argentina at the final round of elections held on 22 November 2015 and assumed office on 10 December 2015. The election of President Macri represents a significant break [...]
ASX Price Query I refer to your correspondence of today's date. In relation to the questions you seek a response to, the Company advises as follows: 1. The Company is not aware of any information concerning it that has not been announced to the market that could explain the recent trading in the market. 2. Not Applicable. 3. The Company does [...]
Orocobre wishes to advise on progress at the Olaroz Lithium Facility. Olaroz Lithium Facility Operations Update - Production of 365 tonnes of lithium carbonate was achieved in November, an increase of 49 tonnes over October. - Improvements made to heat distribution systems throughout the plant including joining both main boilers to the same [...]
