Allkem Ltd.

BRISBANE, Australia, July 2, 2018 /CNW/ -- Orocobre Ltd. provides an update on lithium production at Olaroz. Production for the June quarter was the second highest ever achieved at 3,596 tonnes, up 28% on the March quarter.  Sales were 3,496 tonnes with a record realised average price of US$13,611 per tonne on a FOB basis which resulted in record quarterly sales revenue of US$47.6 million. Sales volume, price and [...]

BRISBANE, Australia, April 30, 2018 -- Orocobre Ltd. MARCH QUARTER 2018 KEY HIGHLIGHTS1 OLAROZ LITHIUM FACILITY 2 Record quarterly sales revenue of US$41.3 million on total sales of 3,052 tonnes of lithium carbonate. Total sales revenue for the year to date is US$105 million Record gross cash margin up 21% to US$9,177 per tonne, underpinned by firmer sales prices, demonstrating the strong cash generation ability of the Olaroz operations Record price received of US$13,533/tonne on a free on board basis , up 17% quarter on quarter with higher priced contracts reflecting firmer market conditions. Prices for the June quarter 2018 are expected to be higher than in the March 2018 quarter Cash costs up 10% QoQ to US$4,356/tonne as a result of lower production and sales volum... [...]

BRISBANE, Australia, April 16, 2018 /CNW/ -- The Board of Orocobre Ltd.   advises that Richard Seville has informed the Board of his intention to step down from the role of Managing Director and Chief Executive Officer of Orocobre.  After 11 years in this role, Richard has informed the Board now to ensure adequate time to recruit and transition to a new CEO as Orocobre embarks on  the Phase 2 expansion of its Olaroz [...]

BRISBANE, Australia, April 12, 2018 /CNW/ -- Orocobre Ltd. is pleased to announce the appointment of Mr Masaharu Katayama from Toyota Tsusho Corporation to its Board of Directors effective today. This appointment follows the strategic placement of Orocobre shares to TTC , under the terms of which TTC is entitled to appoint a representative to the Orocobre Board of Directors. Orocobre Chairman, Mr Rob Hubbard, said [...]

ithium exploration company Lake Resources has completed the first rotary drill hole to 240 m with slotted casing in place to 237 m to allow testing and sampling at the Company's 100%-owned Kachi Lithium Brine Project in Catamarca province. A third drill rig has started at Lake's 100%-owned Kachi Lithium Brine Project in Catamarca Province. The additional diamond drill rig will assess the geology and stratigraphy [...]

BRISBANE, Australia, April 5, 2018 /CNW/ -- Orocobre Ltd. provides an update on lithium production at Olaroz. Production for the March quarter was 2,802 tonnes, down 29% from 3,937 tonnes in the December quarter.  Sales were 3,052 tonnes with a record realised average price up 17% on the December quarter to US$13,533 per tonne on a FOB basis and record total sales revenue of US$41.3 million. Unit cost of sales for [...]

Orocobre is pleased to provide an update on the results of the pumping test conducted on CAU07 in the NW Sector of the Cauchari JV properties located in Jujuy Province, Argentina. The exploration program is being managed by JV partner Advantage Lithium who hold 75% of Cauchari. Orocobre owns 33% of Advantage Lithium's issued capital. Highlights: Positive results from CAU07 four-step pumping test suggest rates as high [...]

BRISBANE, Australia, Feb. 28, 2018 /CNW/ -- Orocobre Ltd. is pleased to announce the finalisation of the 15% strategic placement to Toyota Tsusho Corporation. At a general meeting held Monday 26 February shareholders ratified the previous issue of 31,228,010 shares, at an issue price of A$7.50 per share to Toyota Tsusho Corporation and approved the allotment of a further 6,316,910 shares at an issue price of $7.50 [...]

BRISBANE, Australia, Feb. 26, 2018 /CNW/ -- Orocobre Ltd. wishes to announce that all resolutions were passed as ordinary resolutions following a the General Meeting held on 26 February 2018. Details of the votes cast are as follows: Resolution For Against Abstain 1. That for the purposes of Listing Rule 7.4, and for all other purposes, Shareholders ratify and approve the previous allotment and issue of 31,228,010 [...]

BRISBANE, Australia, Feb. 22, 2018 /CNW/ -- Orocobre Ltd. , a leading global producer of lithium carbonate, today released its financial results for the half year to 31 December 2017 . Highlights: 1H FY18 profit1, 2 of US$8.2 million, up from US$7.4 million on the prior comparative period Total production of 6,072 tonnes of lithium carbonate Strong results from the Olaroz Lithium Facility: revenue of US$63.1M, on [...]