Resource Global Network magazine speaks with Orocobre MD/CEO Richard Seville
Resource Global Network (RGN) magazine has spoken with Orocobre Limited MD / CEO Richard Seville on expansion plans, the costs of production and the importance of Orocobre’s ongoing joint ventures.
Australian Energy Market Operator (AEMO) has doubled its forecast for EV uptake in Australia
The Australian Energy Market Operator (AEMO) has effectively doubled its forecast uptake for electric vehicles in Australia, suggesting that within two decades they could account of more than half of Australia’s car fleet. The changes are reflected across all three scenarios – weak, neutral and strong – the most remarkable difference is in the “strong”... View Article
Toyota Aims for Sales of More Than 5.5 Million Electrified Vehicles Per Year By 2030
Toyota Motor Corporation (Toyota) announces today its plans toward the popularization of electrified vehicles (EVs) for the decade 2020-2030. Toyota’s electrified vehicle strategy centers on a significant acceleration in the development and launch plans of hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs). Toyota... 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.
