Orocobre warns Q2 lithium sales to drop more than halve

Jun. 25, 2020 12:20 PM ETAllkem Limited (OROCF), AKE:CAOROCFBy: Vandana Singh, SA News Editor8 Comments
  • Orocobre (OTCPK:OROCF -1.3%) warns of ~53% drop in sales volume of lithium carbonate in the June quarter from its flagship Olaroz mine, hit by restrictions amid the coronavirus pandemic.
  • Expects total sales volume for the lithium by-product to be 1,600 tonnes, compared with 3,387 tonnes last year, with product pricing expected to be ~$4,015/t free on board
  • It also said that maintenance of the mine in Argentina will be brought forward to late July or early August, and that operations would stop for up to three weeks during maintenance.

Recommended For You

Comments (8)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.