The majority of production will feed the Japanese battery industry and will be sourced from the lithium carbonate produced from Orocobre’s Olaroz mine in Argentina.
Orocobre Mining News
Orocobre's expected production bump in Argentina won't happen this year.
Low pricing achieved recently has been affected partly by soft market conditions in China, the Brisbane-based lithium miner said.
Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting a sign of growing scepticism.
The Deputy Secretary for Sustainable Mining is scheduled to meet with executives from Australia's largest mining companies and banks.
When it comes to new lithium mine supply how soon is now?
“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”
US$229 million to build.