Orocobre Limited (ASX:ORE)
Orocobre Limited (ASX:ORE) is a global lithium carbonate supplier and producer of boron.
In partnership with Toyota Tsusho Corporation (TTC) and JEMSE, Orocobre operates the first commercial brine-based lithium operation to be constructed in the past 20 years.
In 2018 Orocobre announced the Stage 2 Expansion of its Olaroz Lithium Facility in Argentina. The Stage 2 Expansion will add 25,000 tpa of lithium carbonate production capacity, taking full production and capacity to 42,500 tpa of lithium carbonate for sale to industrial, technical and battery markets. The expansion positions Orocobre as one of the world’s largest and lowest cost lithium chemicals producers.
Additionally, Orocobre and TTC have commenced construction of a 10,000 tpa lithium hydroxide plant in Naraha, Japan. The construction of the Plant will further cement Orocobre’s position as a global lithium chemicals producer operating in the lowest quartile of the lithium cost curve.
Orocobre also owns Borax Argentina S.A, a well-established boron chemical and mineral producer with extensive operations and a 50-year production history.