The Orocobre (ASX:ORE) share price hits record high today. H

The Orocobre (ASX:ORE) share price hits record high today. Here's why


The
Orocobre Ltd(ASX: ORE) share price has touched a new record high on Thursday after the company announced its June quarterly results.
At the time of writing, the Orocobre share price is rocketing 11% higher to fresh new territory at $7.73.
Orocobre share price surges after upbeat results
Investors are bidding up the Orocobre share price this morning after the company delivered a solid set of results, validating the narrative of an improving lithium market.
In the June quarter, Orocobre produced 3,330 tonnes with 66% of production being battery grade lithium carbonate. This figure represents a 31% increase on the prior corresponding period (pcp) and a 2% increase on the previous quarter.

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