Orocobre

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City: Brisbane

State: Queensland

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Country: Australia

Orocobre is a mineral resource company that focuses on lithium and borax mining operations. It is dual-listed on the Australian Securities Exchange ("ASX") under the symbol "ORE" and on the Toronto Stock Exchange (“TSX”) under the symbol "ORL". The Company is included in the S&a;P/ASX 300 Index. As a leading company in Argentina&s;s “Lithium Triangle”, Orocobre has built the first large–scale, de-novo brine-based lithium project in over 20 years at its flagship Salar de Olaroz resource. The Olaroz Lithium Facility began as a joint venture project built in partnership with Japanese trading giant Toyota Tsusho Corporation ("TTC") and the mining investment company owned by the provincial Government of Jujuy, Jujuy Energia y Mineria Sociedad del Estado ("JEMSE"). The Olaroz Lithium Facility is presently ramping up production to reach the nameplate capacity of 17,500tpa of high-quality lithium carbonate by Q4 2015. The enormity of the Olaroz resource combined with the sustainable practices of the business supports the future potential for expansion plans or additional stage developments to occur in line with growing lithium market demand. &g; Read more about Olaroz Lithium Project The company expanded its industrial minerals operational capabilities in northern Argentina with the August 2012 purchase of Borax Argentina from Rio Tinto. Borax Argentina owns one of the few important borate deposits globally and has a significant quantity of estimated mineralization for long-life output. Borax Argentina has been in operation for more than fifty years and is a well-established boron mineral and refined chemical supplier. &g; Read More about Borax Argentina Beyond current operations, Orocobre is well-positioned for substantial growth through the expansion potential of Salar de Olaroz, the tapping of the potential of its Salar de Cauchari property for additional production at the Olaroz operations, and through the future development of its pipeline of lithium, potash, and borates in the Puna region of northern Argentina.

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