Metals

Orocobre suspends Olaroz

CBCIE Time:Mar 25, 2020 11:41 Source:miningweekly

lithium miner Orocobre has moved its Olaroz lithium facility, in Argentina, to care and maintenance, and has suspended all development operations related to the Stage 2 expansion.

The government of Argentina earlier this month enacted the Decree of Necessity and Urgency in relation to Covid-19, requiring a national mandatory quarantine and prohibiting the movement of personnel within the country until March 31.

While some exceptions to the restrictions apply, Orocobre said that the exemptions did not apply to mining operations or construction activities.

The company on Monday told shareholders that it currently held sufficient stock to meet customer orders until the end of April, depending on the restart of operations by customers in Asia and Europe. The company said that the supply to customers would remain dependent on the ability to transport and export products from Olaroz to ports in Argentina or Chile.

Meanwhile, operations at Borax Argentina have also been suspended with operations to restart once the quarantine order has been lifted, while construction of the lithium hydroxide plant at Naraha is currently unaffected, through Orocobre warned that there could be some disruption with Chinese-sourced equipment which could delay completion.

All articles, pictures, reports and other original works on the website that are attributed to CBCIE are non-public information, only for members. No one may reproduce or otherwise use the original content of this website without our permission. If you need to use it, please call
+86 18135172048 to apply for authorisation. CBCIE reserves the right to pursue any infringement and citation contrary to the original intent.

Disclaimer:CBCIE is committed to building a comprehensive and authoritative metal information platform, and strives to provide a full range of data and information services and decision-making support for metal industry researchers and practitioners. However, the information on this website is for reference only and is not intended as direct advice for investors' decision-making. Any investment, purchase, sale or operation based on the information on this website should be at your own risk and is not related to CBCIE.

CBC Lithium Product Navigation

Precursor

Ternary Precursor

Cathode Material

Other Lithium Products

Contact us

Contact us for more CBC information and services.

Get in touch
CBC专家咨询 关闭
close
WeCom

CS Manager:
Zizhen Zhang

+86 18135172048