Orocobre Ltd. and Galaxy Resources Ltd. are pleased to announce that they have entered into a binding Merger Implementation Deed under which the two companies will merge via a Galaxy Scheme of Arrangement pursuant to which Orocobre will acquire 100% of the shares in Galaxy. Galaxy shareholders will receive 0.569 Orocobre shares for each Galaxy [...]
MARCH QUARTER 2021 KEY HIGHLIGHTS1 Olaroz Lithium Facility operations increased the Gross Cash Margin more than $1,800/tonne with the sales price up more than 50%. Costs remained near all-time lows despite much a greater proportion of sales being battery grade material which has higher production costs. Market conditions have improved materially [...]
Orocobre Ltd. advises that following a successful sales campaign and strong market demand for Olaroz lithium carbonate during the March 2021 quarter, sales were 3,032 tonnes at US$5,853/tonne FOB1, with pricing up more than 50% on the December 2020 quarter. Lithium prices received by Olaroz are now up nearly 90% in the last six months. Orocobre [...]
Orocobre Ltd. , a dynamic global lithium chemicals producer, provides its financial results for the half year ended 31 December 2020 . Highlights: The lithium market has rebounded and Orocobre prices for H2 FY21 are expected to increase >50% to approximately US$5,500/tonne A successful cost reduction program has seen quarterly cash cost of sales [...]
Orocobre Ltd. will release the 31 December 2020 Half-Year Financial Results on Friday 26 February 2021. Managing Director and CEO, Mr. Mart?n P?rez de Solay will conduct a live webcast briefing at 10:30am AEST , 11.30am AEDT . The webcast briefing will be available via Orocobre's website www.orocobre.com. Written questions may be submitted via the [...]
Orocobre Ltd. advises that following an earthquake late Saturday off the coast of Fukushima Prefecture, north east Japan, there are no injuries to employees at the Naraha Lithium Hydroxide Plant. An initial inspection of the plant with the construction contractor, Veolia Jenets on the morning of 14 February found some minor damage to the site [...]
DECEMBER QUARTER 2020 KEY HIGHLIGHTS1 Olaroz Lithium Facility operations returned to being Gross Cash Margin positive with record sales volume during the quarter while costs declined to near all-time lows. Quarterly production volumes were the third highest since operations commenced. Low costs and strong, stable production mean the business is [...]
Orocobre Ltd. will release the December 2020 Quarterly Production Report on Wednesday 27 January 2021. Managing Director and CEO, Mr. Mart?n P?rez de Solay will conduct a webcast briefing at 10.30am AEST , 11.30am AEDT . The webcast briefing will be available via Orocobre’s website www.orocobre.com. Written questions may be submitted via the [...]
Orocobre Ltd. wishes to announce that all resolutions were passed as ordinary resolutions following a poll at the Annual General Meeting held this morning, 13 November 2020. Details of the votes cast are provided on the following page. This announcement has been authorised by: Rick Anthon Joint Company Secretary For more information please contact [...]
Orocobre Ltd. wishes to advise that Mr. Federico Nicholson will retire from the Board effective 30 November 2020. Orocobre Chairman Robert Hubbard stated that his board colleagues and the management of Orocobre are immensely appreciative of everything Freddy has brought to the Company, “Freddy has been a wise counsel for the Orocobre Board and [...]
Orocobre Ltd. wishes to provide the Chairman and MD/CEO presentation transcripts for the FY20 Annual General Meeting. Chairman Script Before commencing our meeting today, I would like to take this opportunity to acknowledge the Traditional Owners of the many lands on which are all meeting. In Brisbane we are meeting on the lands of the Turrbal and [...]
SEPTEMBER QUARTER 2020 KEY HIGHLIGHTS1 The Olaroz Lithium Facility continued to operate under the established Bio-Security Protocol with limits on the number of personnel on site for both operations and expansion works. Cash cost of sales was successfully maintained near recent lows at US$3,974/tonne. Market conditions and product pricing [...]
