Orocobre Limited

( ASX:ORE ) - ASX200 Materials


Record High for Orocobre

Orocobre’s shares reached an all time high of $7.44 in late January, having been only $2.60 last March. The run is well deserved given the time, capital and work it has taken for the company to begin lithium production at its salars in Argentina.

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Orocobre Output Sputters, Likely Short Term

Lithium producer Orocobre ((ORE)) has indicated that costs will take longer to fall and production will take longer to hit the target, as it has encountered problems with its inventory. Production guidance has been reduced at the company’s Olaroz project in Argentina.

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Analyst Views