- PR Newswire•yesterday
BRISBANE, Australia, March 23, 2017 /PRNewswire/ -- Orocobre Limited (ORE:ASX, ORL:TSX) (Orocobre or the Company) wishes to provide an update on Value Added Tax ( ''VAT'') recovery at Sales de Jujuy S.A. ( ''SDJ'') in Argentina. The Company is pleased to advise that the process of VAT recovery has accelerated and become a routine process over recent months.
- CNW Group•yesterday
Orocobre Provides Update on VAT Recovery at Sales de Jujuy SA
Miners Enirgi Group Corporation and Orocobre will expand their production of lithium in Argentina with investments of $720 million and $160 million, respectively, Argentina's government said on Thursday. Argentina is the world's No. 3 producer of lithium, a hotly demanded material used in car batteries and mobile phones. According to the government's statement, the investment from Enirgi to create an advanced materials division in Argentina will help the company increase its production to more than 50,000 tonnes of lithium carbonate annually.
ORE.AX : Summary for OROCOBRE FPO - Yahoo Finance
Orocobre Limited (ORE.AX)
ASX - ASX Delayed Price. Currency in AUD
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|Day's Range||2.85 - 2.92|
|52 Week Range||2.62 - 5.05|
|PE Ratio (TTM)||102.50|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|