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Orocobre Provides Update on Expected Lithium Carbonate Pricing for December 2019 Quarter

03 Dec 2019  |  09:50:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Orocobre Limited Q2 FY20 Lithium Carbonate Pricing Guidance

Orocobre provided update on expected lithium carbonate pricing for the December 2019 quarter. The indicative weighted average price of lithium carbonate sales for the December 2019 quarter is expected to be US$5,400/t FOB, subject to achieving the planned shipping schedule. The Market conditions remain soft and Company has made the decision to meet current pricing to ensure retention of market share. The Sales for the March 2020 quarter remain under negotiation and Company will provide an update of the expected weighted average price as part of the regular reporting schedule in the new year.

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