Original article by Peter Ker
The Australian Financial Review – Page: 15 & 20 : 11-Nov-19
The share price of lithium miner Orocobre has fallen by just 13.7 per cent so far in 2019, while some of its peers have shed more than 50 per cent of their value. Orocobre also defied the general downtrend in the lithium sector by posting an underlying profit of $US24.8m ($36m) for 2018-19 and cashflow from operations of $US8.48m. Orocobre’s focus is on lithium carbonate, the price of which has not fallen as sharply as that of spodumene concentrate, which is produced by its major rivals.
OROCOBRE LIMITED – ASX ORE, GALAXY RESOURCES LIMITED – ASX GXY, PILBARA MINERALS LIMITED – ASX PLS, ALTURA MINING LIMITED – ASX AJM, MINERAL RESOURCES LIMITED – ASX MIN, ALITA RESOURCES LIMITED – ASX A40, LIVENT INCORPORATED