Orocobre Limited Reports H1 FY21 Results
(ASX: ORE, TSX: ORL) (Orocobre or the Company), a dynamic global lithium chemicals producer, provides its financial results for the half year ended 31 December 2020 (H1 FY21). Highlights: The lithium market has rebounded and Orocobre prices for H2 FY21 are expected to increase >50% to approximately US$5,500/tonne A successful cost reduction program has seen quarterly cash cost of sales reduce by 28% since September 2019 Brine concentrations are higher and more stable than previous years delivering higher plant recovery, better quality and more consistent product Successful capital raise of US...
Source: globenewswire.com