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Lithium pricing update and quarterly report date

Lithium pricing update and quarterly report date July 09, 2021 01:21 ET | Source: Orocobre Limited Orocobre Limited (ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”) advises that production for the June 2021 quarter was 3,300 tonnes of lithium carbonate. Approximately 66% of production was battery grade lithium carbonate which is a significant increase on the June 2020 quarter that was 21% battery grade lithium carbonate. Sales of Olaroz lithium carbonate during the June 2021 quarter were 2,549 tonnes at US$8,476/tonne FOB 1, with pricing up 45% on the March 2021 quarter. Lithium prices received by Olaroz are now up more than 170% in the last nine months. Inventory has increased during the June quarter due to COVID-19 related transport delays and the requirement to hold additional safety stock in Japan to guarantee delivery into the Prime Planet Energy and Solutions (PPES) contract.

Orocobre Limited lithium price upgrade and quarterly report date

Orocobre Limited lithium price upgrade and quarterly report date Orocobre Limited advises that following a successful sales campaign and strong market demand for Olaroz lithium carbonate during the March 2021 quarter, sales were 3,032 tonnes at US$5,853tonne FOB 1 with pricing up more than 50% on the December 2020 quarter.   Lithium prices received by Olaroz are now up nearly 90% in the last six months. Orocobre also advises that prices for the June 2021 quarter are expected to … Orocobre Limited (ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”) advises that following a successful sales campaign and strong market demand for Olaroz lithium carbonate during the March 2021 quarter, sales were 3,032 tonnes at US$5,853tonne FOB 1 with pricing up more than 50% on the December 2020 quarter.   Lithium prices received by Olaroz are now up nearly 90% in the last six months.

Orocobre reports no injuries, only minor damage from earthquake near Naraha plant

(ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”) advises that following an earthquake late Saturday (13 February 2021, JST) off the coast of Fukushima Prefecture, north east Japan, there are no injuries to employees at the Naraha Lithium Hydroxide Plant. An initial inspection of the plant with the construction contractor, Veolia Jenets on the morning of 14 February found some minor damage to the site office but did not find any visible defects to plant equipment. Additionally, there is no damage to site infrastructure services. A further inspection will be undertaken on 15 February to confirm the initial observations and assure the safety of the site prior to the recommencement of construction work.

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