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Orocobre June Quarter 2021 Key Highlights

Orocobre June Quarter 2021 Key Highlights Olaroz Lithium Facility operations continue to deliver improving cashflows with a Gross Cash Margin of $4,371tonne following further improvement in the sales price of lithium chemicals and a continued focus on costs. 1 Realised average price was US$8,476tonne up 45% quarter on quarter on a free on board basis with prices up 170% over the past nine months. Costs were US$4,105t 3 . The proportion of battery grade … Olaroz Lithium Facility (Olaroz) operations continue to deliver improving cashflows with a Gross Cash Margin of $4,371/tonne following further improvement in the sales price of lithium chemicals and a continued focus on costs.

Orocobre Limited Quarterly Report of Operations for the

MARCH QUARTER 2021 KEY HIGHLIGHTS 1 Olaroz Lithium Facility (Olaroz) operations increased the Gross Cash Margin more than $1,800/tonne with the sales price up more than 50%. Costs remained near all-time lows despite much a greater proportion of sales being battery grade material which has higher production costs. Market conditions have improved materially and this will be reflected in higher June quarter product pricing. Operations continued under the established Bio-Security Protocol. OLAROZ LITHIUM FACILITY (ORE 66.5%) 2 Activities continue to focus on the health and well-being of our staff, contractors and communities while maintaining production and expansion works with no COVID-19 related stoppages during the period

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