Orocobre announcement below. December quarter prices of...

Orocobre announcement below. December quarter prices of approximately US$10,800per tonne on sales of approximately 2,850 tonnes

Orocobre Limited (ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”) wishes to provide an updateon commercial and production estimates following the near finalisation of shipping schedules andpricing outcomes.

Sales of lithium carbonate are expected to be approximately 5,000 tonnes for the December half yearat a price of US$12,470 per tonne, down approximately 8% on the June half. Production is expectedto be approximately 6,000 tonnes for the half year and remains in line with previous guidance forFY19.

The pricing achieved recently has been affected by soft market conditions in China having a directimpact on shorter term contracts resulting in December quarter prices of approximately US$10,800per tonne on sales of approximately 2,850 tonnes.

There was also an indirect impact as a number of customers outside China have downstream exposureto the Chinese market experiencing market/commercial pressure.A teleconference will be held at 4.00pm (AEST, Brisbane) on Thursd