Orocobre Olaroz Lithium Project on Schedule

Orocobre Ltd of Australia reports that construction of the Olaroz lithium project in Argentina continues to advance according to schedule and within budget with significant progress made, in particular with earthworks for the evaporation ponds, road construction on the salar. Approximately US$65 million of the US$229 million budget has been committed or spent. The first phase of the project is designed to produce 17,500 tonnes/year of battery grade lithium carbonate. Start up is scheduled for the end of the second quarter, 2014.

Volume 27 issue 4

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