Jan 30 (Reuters) - Orocobre Ltd ORE.AX :
* QTRLY OLAROZ LITHIUM FACILITY PRODUCTION OROCOBRE EXPECTS THAT FULL-YEAR PRODUCTION FOR FY20 WILL BE AT LEAST 5% HIGHER THAN FY19
* QTRLY OLAROZ LITHIUM FACILITY SALES REVENUE $17.8 MILLION VERSUS $32 MILLION
* EXPECTS TO SEE WEAK LITHIUM MARKET FOR FIRST HALF OF CY20 WITH POTENTIAL MARKET BALANCE IMPROVEMENT BECOMING EVIDENT IN SECOND HALF OF CY20
* EXPECTS FULL-YEAR PRODUCTION FOR FY20 WILL BE AT LEAST 5% HIGHER THAN FY19
* RECOGNISING CURRENT MARKET CONDITIONS, FOCUS HAS BEEN ON PROCESS STABILITY & PRODUCT QUALITY RATHER THAN MAXIMISING PRODUCTION TONNAGE
* LITHIUM MARKET CONDITIONS REMAINED DIFFICULT FOR MOST OF DECEMBER QUARTER
* ENCOURAGING DEMAND INDICATORS, FURTHER SUPPLY CURTAILMENTS IN LATE CY19/EARLY CY20 EXPECTED TO PROGRESSIVELY IMPROVE MARKET BALANCE IN CY20
* ANTICIPATED THAT SUPPLY CURTAILMENTS WILL CONTINUE IN CY20 FOR THOSE OPERATIONS MOST SENSITIVE TO PRICE PRESSURE
* SEVERAL POSITIVE DEMAND SIGNALS EMERGED LATE IN DEC QUARTER/EARLY CY20 RELATING TO BOTH CHINA & EX- CHINA EV MARKET