Nov 13 (Reuters) - Orocobre Ltd ORE.AX :
* AT OLAROZ, EXPECT TOTAL SITE COSTS WITH STAGES 1 AND 2, TO REDUCE OVER TIME TOWARDS A RANGE FROM US$3200 TO US$3500 PER TONNE
* AT OLAROZ, TOTAL CAPITAL COSTS ARE EXPECTED TO BE ABOUT US$330 MILLION
* EXPECT STAGE 2 TO COMMENCE PRODUCTION IN H2 OF CY 2022 AND RAMP UP TO FULL PRODUCTION BY SECOND HALF OF 2025 AT OLAROZ
* EXPECT TOTAL ANNUAL LITHIUM DEMAND TO INCREASE FROM CURRENT LEVEL OF ABOUT 300,000 TONNES TO AROUND 800,000 TONNES BY 2025