OROCOBRE Managing Director & CEO Richard Seville talks with Commsec
Orocobre Managing Director & CEO Richard Seville has spoken with CommSec as part of their Executive Series. Richard discusses the release of Orocobre’s full year 2018 results, lithium price market forecasts, the Toyota Tsusho Corporation Joint Venture and how Orocobre plans to maintain its low-cost profile.
ASX to flick switch on battery tech & lithium themed exchange traded fund
The ASX will flick the switch on a Battery Technology & Lithium themed Exchange Traded Fund on Monday in a development that will both capitalise on, and stoke the growing interest, in electric cars. The Battery Technology & Lithium ETF will trade under the code ACDC in a nod to the firm’s Australian founder Graham... View Article
Orocobre 2018 Full Year Financial Results – WEBCAST
Orocobre Limited (ORE:ASX ORL:TSX), a leading and sustainable global supplier of high grade, high value lithium chemicals have conducted an online webcast briefing regarding financial results for the full year to 30 June 2018.
August 21, 2018
Japan’s Toyota Motor Corporation will build additional capacity at its auto plant in China’s Guangzhou, in addition to beefing up production at a factory in Tianjin city by 120,000 vehicles a year. A person close to the company said Toyota will build capacity at the production hub in the south China city of Guangzhou to also produce an additional 120,000 vehicles a year, an increase of 24 percent over current capacity.
All together, between the eastern port city of Tianjin and Guangzhou, Toyota will boost its overall manufacturing capacity by 240,000 vehicles a year, or by about 20 percent. Toyota’s production capacity in China is 1.16 million vehicles a year. Reuters reported earlier this week that Toyota plans to build additional capacity in Tianjin to produce 10,000 all-electric battery cars and 110,000 plug-in hybrid electric cars a year.
FULL ARTICLE: Toyota to increase production capacity in China by 20 percent