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BMW Secures Funding for EV Battery Aiming to Rival Range of a Traditional Engine

BMW Secures Funding for EV Battery Aiming to Rival Range of a Traditional Engine
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Orocobre June Quarter 2021 Key Highlights


Orocobre June Quarter 2021 Key Highlights
Olaroz Lithium Facility operations continue to deliver improving cashflows with a Gross Cash Margin of $4,371tonne following further improvement in the sales price of lithium chemicals and a continued focus on costs. 1 Realised average price was US$8,476tonne up 45% quarter on quarter on a free on board basis with prices up 170% over the past nine months. Costs were US$4,105t 3 . The proportion of battery grade …
Olaroz Lithium Facility (Olaroz) operations continue to deliver improving cashflows with a Gross Cash Margin of $4,371/tonne following further improvement in the sales price of lithium chemicals and a continued focus on costs. ....

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The Orocobre (ASX:ORE) share price hits record high today. Here's why


The
Orocobre Ltd(ASX: ORE) share price has touched a new record high on Thursday after the company announced its June quarterly results.
At the time of writing, the Orocobre share price is rocketing 11% higher to fresh new territory at $7.73.
Orocobre share price surges after upbeat results
Investors are bidding up the Orocobre share price this morning after the company delivered a solid set of results, validating the narrative of an improving lithium market.
In the June quarter, Orocobre produced 3,330 tonnes with 66% of production being battery grade lithium carbonate. This figure represents a 31% increase on the prior corresponding period (pcp) and a 2% increase on the previous quarter. ....

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