MENDOZA, ARGENTINA. July, 2014. Argentina Mining is pleased to announce that Orocobre Group will join us as Lithium Sponsor at the 10th International Convention on Business Opportunities in Exploration, Geology and Mining, Argentina Mining 2014, which will take place September 3-5, 2014, in Salta Province.
Orocobre is a leading firm in lithium-potash projects and also a developer of resources in the “sweet spot” of the lithium triangle in Argentina. The company is well-positioned to become in an important low-cost lithium producer, with world-class assets and a promising portfolio of lithium deposits to satisfy the continuous strong growth in energy-storage markets. Orocobre trades in the Australia (“ASX”) under the “ORE” symbol, and in Toronto ("TSX") as "ORL."
The firm operates in Argentina through two subsidiaries: Sales de Jujuy and South American Salars. Orocobre’s flagship Project in Argentina is Salar de Olaroz in the province of Jujuy, which is highly recognized as the next worldwide and low-cost, large scale lithium-potash project. The company has joined with Toyota Tsusho Corporation to develop Salar de Olaroz and estimates the initial commercial production in the second semester of 2014. The firm has been producing quality batteries of lithium carbonate in Salar de Olarozsince the beginning of 2011 in an onsite transformation pilot plant.
Additionally, Orocobre has been successful in the assembly of a promising line of lithium and potash. With all these, Orocobre has the properties’ rights that cover other 10 salars in Salta, Catamarca and Jujuy which may bring important amounts of lithium, potash and boron.
“It is an honor for us that Orocobre joins Argentina Mining once again as Lithium Sponsor and we are grateful for their support. We welcome to the company and value the contribution made in our country, especially in the north region “said Javier Rojas, General Coordinator of Argentina Mining, organizing company of the Convention Argentina Mining 2014.
Orocobre joins other companies to participate in the 10th International Convention on Business Opportunities in Exploration, Geology and Mining to be held in Salta. The convention offers a 3-day conference program, exhibition of mining projects, products and services of main suppliers, and multiple networking opportunities.
About Argentina Mining:
Argentina Mining is an Events and Marketing firm focused on the Argentinean mining market, with offices in Mendoza and Salta. Its objectives are gathering the mining community in Argentina and providing a place to promote the activity in the world, developing business opportunities for its members. The company organizes the premium international event of the Argentinean mining sector, the Argentina Mining Convention, which takes place biennially in Argentina since 1996, and the Latin Exploration Conference, among others. Additionally, it provides advisory services in public relations and marketing and develops supplementary products. For further information, please visit www.argentinamining.com
About Orocobre:
Orocobre develops its flagship Project in Jujuy, Argentina with Olaroz, which consists of 63,000 hectares of a salar with high values of lithium and potash in brine. The Project is in a high and arid Puna region in northwest Argentina and is properly communicated by a key infrastructure, including paved roads, high voltage power, gas pipeline and railroad access. The Olaroz Project is about to begin the initial production of lithium carbonate in late 2014. For further information, please visit: www.orocobre.com.au
