Orocobre Limited Borax Plant Relocation Update

FSC / Press Release 
Orocobre Limited Borax Plant Relocation Update 
Brisbane, March 18, 2014 /FSC/ - Orocobre Limited (TSX:ORL)(ASX:ORE),("Orocobre"
or "the Company") is pleased to advise progress on the relocation of the borax
chemical plant. 
- Dismantling of existing equipment at Campo Quijano is 92% complete 
- Installation of new equipment at Tincalayu is 85% complete 
- The project continues to progress on time and within budget with 70% of the
budget spent or committed 
The project is about to enter into the final quarter of the relocation and
construction programme with the target completion date being the end of June
2014. 
The following is a summary of what has been achieved to date: 
- Complete Engineering Design 
- Repair and maintenance of existing equipment at Tincalayu, 73% complete 
- Civil work at Tincalayu, 89% complete 
- Dismantling of existing equipment at Campo Quijano, 92% complete 
- Repair and maintenance of equipment at Campo Quijano commenced in January and
is 44% complete 
- Construction and installation of new equipment is 85% complete which includes
the installation of the: 
- Dissolver (86%) 
- Overflow tanks (92%) 
- Hot air generator (57%) 
- Decanters (82%) 
- Generators (93%) 
- Centrifuges (86%) 
- Electrical works (86%) 
- The flocculant plant is 54% complete 
The project continues to progress on time and within budget with 70% of the
budget spent or committed. 
The relocation of the borax plant to the Tincalyu mine site will have
significant benefits through both the reduction of operating unit costs and also
increasing overall mineral recovery from the mine. Historically, run-of-mine ore
at 17% B2O3 has been concentrated at Tincalayu using dry magnetic separation to
produce a 21% grade which is then transported 350 kms from Tincalayu to Campo
Quijano for production of borax chemicals. Recovery through the dry magnetic
separation plant has previously been only approximately 60%. When the borax
plant relocation to the Tincalayu mine site is complete the borax plant will
treat run-of-mine ore without the use of the magnetic separation plant. This
will result in: 
- no loss of mineral content prior to the borax plant as there will be no
concentration stage 
- removal of the operating costs of the dry magnetic separation concentration
stage 
- improvement in the freight cost profile by cartage of finished products with
grades between 37% and 49% B2O3 as opposed to a 21% grade concentrate. 
The capital budget for the project is US$3.7m net of existing plant and
equipment. 
To view photographs, please visit:
http://www.usetdas.com/pr/OrocobreMar182014.pdf 
About Orocobre Limited 
Orocobre Limited is listed on the Australian Securities Exchange and Toronto
Stock Exchange (ASX:ORE, TSX:ORL), 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 at the end of Q2, 2014. The Company also
wholly-owns Borax Argentina, an important regional borate producer. Orocobre is
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 la Mineria Argentina ("Fundamin" or Foundation for Development of
Argentina Mining). 
David Hall
Business Development Manager
Orocobre Limited
T: +61 7 3871 3985
M: +61 407 845 052
E: dhall@orocobre.com 
North America
James Calaway
Chairman
Orocobre Limited
M: +1 (713) 818 1457
E: jcalaway@orocobre.com 
Link to Borax Plant Relocation Update:
http://www.usetdas.com/pr/OrocobreMar182014.pdf 
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-0- Mar/18/2014 12:32 GMT
 
 
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