Orocobre Announces Executive Appointments

Orocobre Announces Executive Appointments 
BRISBANE, AUSTRALIA -- (Marketwire) -- 01/20/13 -- Orocobre Limited
(TSX:ORL)(ASX:ORE) ("Orocobre" or "the Company") is pleased to
announce the appointment of Mr. Neil Kaplan to the position of Chief
Financial Officer and Mr. David Hall to the position of Business
Development Manager. These newly created roles will report directly
to Managing Director, Richard Seville and will form an integral part
of the Executive Management Team.  
Neil Kaplan brings a wealth of knowledge to the Company with over 20
years of experience in managerial and finance positions obtained on
four different continents. Neil's experience in the resources sector
was obtained working in executive financial roles for Glencore
International and formerly TSX listed company Coalcorp Mining, both
based in Colombia. 
David Hall has extensive business management, market development,
marketing and logistics experience in domestic and international
chemical and industrial mineral markets across a wide range of
products and geographies. David served for nineteen years with ICI
Australia and Orica Australia in a number of roles in both Brisbane
and Melbourne and more recently two years with Queensland Magnesia.  
Richard Seville, Orocobre's CEO and Managing Director commented "I am
extremely pleased with the appointment of two very high calibre
individuals to these positions and I look forward to working closely
with them through the company's next growth phase. I am confident
that both David and Neil will contribute extensively to the Executive
Management Team and I welcome them to the Company."  
About Orocobre Limited  
Orocobre Limited is listed on the Australian Securities Exchange and
Toronto Stock Exchange (TSX:ORL)(ASX:ORE), and is building a
substantial Argentinian-based industrial minerals company through the
construction and operation of its portfolio of lithium, potash and
boron projects and facilities in the Puna region of northern
Argentina. The Company is building in partnership with Toyota Tsusho
Corporation the first large-scale, "greenfield" brine based lithium
project in 20 years at its flagship Salar de Olaroz resource, with
projected production of 17,500 tonnes per annum of low-cost battery
grade lithium carbonate scheduled to commence in Q2 2
014. The Company
also wholly-owns Borax Argentina, an important regional borate
producer. Orocobre has recently been included in the S&P/ASX 300
Index and was named 2012 Mining Company of the Year by Argentine
mining magazine Panorama Minero and the Fundacion para el desarrollo
de le Mineria Argentina ("Fundamin" or Foundation for Development of
Argentina Mining). For further information, please visit
ABN 31 112 589 910
Australia and Asia
Orocobre Limited
Richard Seville
Managing Director
M: +61 419 916 338
North America
Orocobre Limited
James Calaway
M: +1 (713) 818 1457
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