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.
BORON
MARKET
The borates market typically grows at levels equal to, or above GDP growth in key demand markets.
Increased demand for agricultural applications continues with Africa and India showing improved adoption of using borates as a micro-nutrient to increase crop productivity. Heightened demand for refined borates products and boric acid reflect increased consumption in both agriculture and industrial markets.
Continued market growth at approximately GDP rates or above is expected, driven by innovation in the boro-silicate glass industry and fracking in the Americas, as well as increasing and more widespread consumption of borates in agricultural applications.
REFINED BORATES MARKET
- Overall 4.5% CAGR from 2013 to 2018
- Growth driven by Agriculture (6%), Borosilicate Glass (4%)
- As the market continues to improve, Insulation Fibre Glass in the North American housing market will also stimulate growth.
MINERAL BORATES MARKET
- Overall 4% CAGR from 2013 to 2018
- Growth driven by Agriculture (6%), Insulation Fiber Glass (4%) and Frits and Ceramics (4%)
- Minerals used in Asia for direct use and conversion to refined products and in North / South America directly in end-uses.