Naraha Lithium Hydroxide Plant Groundbreaking Ceremony
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).
Europe is beating the US in the battery race – with China’s help
The biggest reason we hear so much about electric cars is because of the falling costs of batteries. Lithium-ion batteries today cost less than one-fifth as they did in 2010. Within the next five years, some experts estimate that the total cost of owning an electric car — that is, upfront cost plus lifetime fuel... View Article
Orocobre Market Update – Online Briefing
To listen to a recording of Orocobre’s latest audio webcast briefing, where Managing Director & CEO Mr. Martín Pérez de Solay discusses the Quarterly Activities Report for the period ended 30 June 2019, click on the media player below.
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.