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(ASX: ORE, TSX: ORL) (Orocobre or the Company), a dynamic global lithium chemicals producer, provides its financial results for the half year ended 31 December 2020 (H1 FY21). Highlights: The lithium market has rebounded and Orocobre prices for H2 FY21 are expected to increase >50% to approximately US$5,500/tonne A successful cost reduction program has seen quarterly cash cost of sales reduce by 28% since September 2019 Brine concentrations are higher and more stable than previous years delivering higher plant recovery, better quality and more consistent product Successful capital raise of US$119.4 million, net of fees Statutory consolidated group net loss of US$29.1 million for H1 FY21 is down from a loss of US$18.9 million in the previous corresponding period (

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