Orocobre Limited: Olaroz Q1 2016 Production on Target
12.04.2016 | ABN Newswire
Brisbane, Australia - Orocobre Ltd. (ASX:ORE) (TSE:ORL) (Orocobre or the Company) wishes to advise on production for Q1 2016 at the Olaroz Lithium Facility.Production for the quarter was 2,332 tonnes of lithium carbonate, in line with the guidance of ~2,400 tonnes (97% achieved).
The Company intends to transition to quarterly forecasting and quarterly reporting.
Further detail in relation to the Olaroz Lithium Facility will be provided in the upcoming quarterly report.
To view figures, please visit:
http://abnnewswire.net/lnk/CO7Y8L7Y
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: rseville@orocobre.com
James Calaway, Chairman
M: +1-713-818-1457
E: jcalaway@orocobre.com
David Hall, Business Development Manager
T: +61 7 3871 3985
M: +61 407 845 052
E: dhall@orocobre.com