Orocobre 2020 Half-Year Financial Results – WEBCAST
Orocobre Limited (ORE:ASX ORL:TSX), a dynamic global lithium chemicals supplier, has conducted an online webcast briefing regarding financial results for the half-year ended 31 December 2019 (H1 FY20).Orocobre Agrees to Acquire Advantage Lithium Corp.
Orocobre Limited (Orocobre or the Company) is pleased to announce that it has entered into a definitive agreement (the Agreement) pursuant to which Orocobre will acquire 100% of the issued and outstanding shares of Advantage Lithium Corp. (Advantage) that it does not already own.Beijing outlines plans to improve air quality more in 2020, use more new energy vehicles
Beijing will cut smog levels further this year by putting more new energy vehicles (NEV) on its roads, reducing diesel-fuelled truck numbers and tightening its supervision of vehicle emissions and refined oil products, the city said on Thursday. The Beijing Municipality government also said it will aim to cut emissions in the petrochemical industry.

SUMMARY:
- Lithium spot and contract price news – Lithium spot prices were stable, while 2018 LCE global contract prices are about 20% higher than 2017.
- Lithium market news – Lithium giant Albemarle contradicts Morgan Stanley on electric vehicle growth. The EV take-up rate, and therefore lithium demand, will be much greater than MS claims.
- Lithium company news – The lithium deals continue, following Volkswagen’s stunning $25b battery deal with leading battery manufacturers.