Orocobre Limited Olaroz Lithium Project and Company Presentation

Perth, Australia (ABN Newswire) - Orocobre Ltd. (ASX:ORE) (TSE:ORL) provides the latest Company Presentation regarding the flagship Olaroz lithium project approaching production.

The following investment highlights are included in the presentation.

- Commissioning of the lithium carbonate plant commenced in August with the plant expected to be operational by the end of November

- Project expected to be completed on budget

- Stage 1 production of 17,500tpa, high margin/low cost operation

- Large world-class JORC/NI 43-101 resource (6.4mt LCE, 19.3mt KCL, 1.85mtB) enables significant expansion potential

- Sustainable long life project -Feasibility Study considered 40 yrs with only 15% resources extracted

- Battery grade lithium carbonate has been produced at the Olaroz pilot plant since January 2011

- Key partnerships with Toyota Tsusho Corporation and Jujuy provincial government mining company

Borax Argentina operations

- Substantial JORC resource and historical estimates

- Long standing business (50+ years operation) undergoing rejuvenation. NPAT positive in FY14

- Over 40,000tpa production of boron chemicals & mineral concentrates

- Large asset base of 3 mines, 2 concentrate plants and a refinery operation with significant upside from existing assets

- Boron used in fertiliser as a micronutrient, glass, ceramic frits, glazes and tile bodies, wood treatments, polymer additives, detergents, soaps and personal care products (buffering, source of active oxygen)

- Owner of mining properties of a number of lithium exploration projects with a royalty stream (Cauchari, Diablillos and Sal deVida)

Portfolio of Argentinian regional projects with attractive potential

- Proximity of Cauchari & Salinas Grandes brines to Olaroz provides expansion potential & execution flexibility

Long-term lithium, borates and potash markets look very strong

- Annual lithium market demand growth of approximately 10% forecast

- Continued growth in electric transport and lithium battery use has the potential for large demand growth

To view the full presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-ORE-829505.pdf


About Orocobre Limited:

Orocobre Ltd. is listed on the Australian Securities Exchange and Toronto Stock Exchange (ASX:ORE) (TSE:ORL), and is building a substantial Argentinian-based industrial minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina. The Company is building in partnership with Toyota Tsusho Corporation the first large-scale, "greenfield" brine based lithium project in 20 years at its flagship Salar de Olaroz resource, with projected production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate scheduled to commence at the end of Q2, 2014. The Company also wholly-owns Borax Argentina, an important regional borate producer. Orocobre is included in the S&P/ASX 300 Index and was named 2012 Mining Company of the Year by Argentine mining magazine Panorama Minero and the Fundacion para el Desarrollo de la Mineria Argentina ("Fundamin" or Foundation for Development of Argentina Mining).



Contact:

Australia and Asia
David Hall, Business Development Manager
Orocobre Ltd.
T: +61 7 3871 3985
M: +61 407 845 052
E: dhall@orocobre.com

North America
James Calaway, Chairman
Orocobre Ltd.
M: +1 (713) 818 1457
E: jcalaway@orocobre.com