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BRIEF-Orocobre Sees June-Qtr Production Higher Than March-Qtr

Published 30/04/2018, 11:25 am
© Reuters.  BRIEF-Orocobre Sees June-Qtr Production Higher Than March-Qtr
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April 30 (Reuters) - Orocobre Ltd ORE.AX :

* PRODUCTION IN JUNE QUARTER IS EXPECTED TO BE SIGNIFICANTLY HIGHER THAN MARCH QUARTER

* QTRLY SALES REVENUE OF US$41.3 MILLION

* CAPITAL EXPENDITURE FOR LITHIUM HYDROXIDE PLANT REMAINS AT ABOUT US$60-70 MILLION

* QTRLY PRODUCTION OF 2,802 TONNES OF LITHIUM CARBONATE

* OPERATING COSTS (EXCLUDING LITHIUM CARBONATE FEEDSTOCK) FOR LITHIUM HYDROXIDE PLANT REMAIN AT ABOUT US$1,500/TONNE

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