THE LITHIUM SPOT E-ZINE SPEAKS WITH OROCOBRE MD/CEO RICHARD SEVILLE
The Lithium Spot e-zine has spoken with Orocobre Limited (ORE:ASX ORL:TSX) MD / CEO Richard Seville on all things Lithium, including the recent Morgan Stanley downgrade of the lithium sector and much more.
Strong policy and falling battery costs drive another record year for electric cars
According to the latest edition of the International Energy Agency’s Global Electric Vehicles Outlook the number of electric and plug-in hybrid cars on the world’s roads exceeded 3 million in 2017, a 54% increase compared with 2016. China remained by far the largest electric car market in the world, accounting for half sold last year.... View Article
Australia unplugged: why we’re still lagging behind on electric cars
For Brigid Niall and her daughter Queenie it was quite a road trip. Not because of the route they took on their weekend drive – around their inner-Melbourne suburb, through Melbourne’s CBD and up to East Brunswick in the inner-north – but for the reaction they received from other motorists and onlookers. Niall was at... View Article
Orocobre
Overview
Orocobre is building a substantial Argentine based industrial chemicals company through its portfolio of lithium, potash and boron assets.
In partnership with Toyota Tsusho Corporation (TTC) and JEMSE, Orocobre has built and is now operating the world’s first commercial, brine-based lithium operation constructed in approximately 20 years.
Orocobre recently announced it will increase the size of the Phase 2 expansion at Olaroz in Argentina by 25,000 tonnes per annum (tpa). The Phase 2 Olaroz expansion will add 25,000 tpa of lithium carbonate production capacity to 42,500 tpa (at full production and capacity) lithium carbonate for sale to industrial, technical and battery markets, positioning Orocobre as one of the world’s largest and lowest cost lithium chemicals producers.
Additionally, Orocobre and Toyota Tsusho Corporation are finalising plans to jointly develop a 10,000 tpa lithium hydroxide plant in Fukushima, Japan with expected operating costs of US$1,500/tonne.
Orocobre also owns Borax Argentina S.A, a well-established boron chemical and mineral producer with extensive operations and a 50-year production history.
Orocobre is dual listed on the Australian Securities Exchange (ASX:ORE), the Toronto Stock Exchange (TSX:ORL) and is included in the S&P/ASX 200 Index.
