Orocobre CEO Martín Pérez de Solay participating in Naraha Lithium Hydroxide Plant Groundbreaking Ceremony in Japan August 6, 2019

Orocobre Limited is pleased to advise that Orocobre Managing Director and CEO Mr. Martín Pérez de Solay, Toyota Tsusho Corporation (TTC) and Toyotsu Lithium Corporation representatives hosted a groundbreaking ceremony to signify the commencement of construction at the Naraha Lithium Hydroxide Plant (Naraha Plant).

The Naraha Plant, the first of its kind to be built in Japan, is designed to convert primary grade lithium carbonate feedstock sourced from the Olaroz Lithium Facility into purified battery grade lithium hydroxide.

Sales of lithium hydroxide will be managed by TTC as exclusive sales agent under a similar joint marketing arrangement to that operating for lithium carbonate from the Olaroz Lithium Facility. The majority of production is expected to be delivered to the Japanese battery industry.

A cathode manufacturing plant is already in operation in the immediate vicinity and plans have been announced to develop a battery manufacturing facility nearby.

Orocobre Managing Director and CEO Mr. Martín Pérez de Solay commented, “This is an exciting time for Orocobre and our joint venture partners as we see construction commencing at the Naraha site. This couldn’t have come at a more opportune time, as we work towards producing low-cost battery grade lithium hydroxide at a time when demand is expected to grow significantly. Construction of the Naraha Plant provides Orocobre invaluable product diversification and will further cement our position as a global lithium chemicals producer operating at the bottom quartile of the lithium cost curve.”

To be the first to hear about Project Updates, ASX Releases, Company News and more – CLICK HERE to subscribe to the Orocobre eNewsletter

Latest News &
Announcements

All our latest news, speeches, announcements, presentations and media releases from Orocobre Limited. The best way to stay up to date is to sign up for our newsletter.

  • Capital proceeds received by Galaxy Shareholders

    Capital proceeds received by Galaxy Shareholders

    The capital proceeds received by Galaxy shareholders in respect of the recently concluded Scheme of Arrangement with Galaxy Resources is determined to be the closing price of Orocobre Limited shares (ASX:ORE) being A$9.52 per share.
  • Unveiling of our new brand and proposed company name

    Unveiling of our new brand and proposed company name

    We are excited to unveil the new brand and proposed company name in this short video, available here:- https://youtu.be/CtRuzyIMzYU Together at Allkem we can connect further with our communities, customers and partners through enhanced sustainability solutions, diversity, product quality and growth opportunities. As a combined team we have the resources to facilitate a global transformation to... View Article
  • ORE-GXY Merger Call

    ORE-GXY Merger Call

    Click below to listen to the Orocobre and Galaxy Proposed Merger Briefing. https://services.choruscall.com.au/webcast/ubs-210419.html

Be the first to know.
Subscribe Now.

We will never sell or share this information to anyone. Privacy Policy
© 2021 Orocobre Limited Pty Ltd