December 16, 2019

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Despite the challenging global lithium market coupled with a turbulent Argentine economy, 2019 has been another year of achievement for Orocobre Limited with the Stage 2 Expansion project at the Olaroz Lithium Facility achieving a number of milestones including construction of new evaporation and harvest ponds, a secondary liming plant to cater for additional brine in our expanding pond system, drilling of 15 new production wells and the extensive expansion of onsite infrastructure.

Another highlight was construction of the Naraha Lithium Hydroxide Plant commencing in August 2019. The Naraha Plant – a joint venture project between Orocobre and Toyota Tsusho Corporation – will be the first of its kind in Japan and is perfectly situated with a well-established cathode manufacturing plant operating in the immediate vicinity. The construction of the Naraha Plant will provide Orocobre invaluable product diversification and will further cement our position as a global lithium chemicals producer.

Check out Orocobre’s 2019 Corporate Video (above) for more info on milestones achieved during 2019.

For more detail on Orocobre’s FY19 Results – click here.

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