Orocobre : 2018 Sustainability Report Orocobre Limited - Sustainability Report 2018_WEB_Final.pdf

SUSTAINABILITY REPORT

2018 Salar de Olaroz Lithium Facility

Report Overview

This is Orocobre's second Sustainability Report, covering the second full year of commercial lithium production at the Salar de Olaroz Lithium Facility (Olaroz Lithium Facility).

This report is structured to present the sustainability performance of Orocobre Limited (Orocobre or the Company) as joint venture partner and manager of the Olaroz Lithium Facility. The report has been prepared in accordance with the GRI Standards (Core), our progress with regards to the 10 principles of the UN Global Compact in Environment, Labour, Human Rights and Anti-Corruption, and our contribution to the UN Sustainable Development Goals (SDGs) as an integrated component of our core business activities.

In all we do, we seek to find ways to enhance our contribution to society through commercially beneficial programs and initiatives. As such, our reporting and performance focuses on the three core areas of our contribution:

• • Sustainable Product

• • Efficient Operations

• • Local Development.

Icons will be used to indicate which UN SDGs are directly addressed by our activities and contributions.

As the development and performance of Orocobre's Olaroz Lithium Facility remain the central focus of our investors and shareholders, we continue to focus our reporting on Sales de Jujuy S.A. (the operating company for the Olaroz Lithium Facility) and its activities.

Our material issues have been reviewed and updated based on material announcements and developments in 2018 and validated through engagement with our investors.

The data and content provided in this report covers the period

1 July 2017 to 30 June 2018. We are finalising our sustainability reporting systems and processes to ensure data consistency and reliability and will be well-positioned to seek limited report assurance in 2019.

For any questions or feedback regarding this report, please contact our Investor Relations Manager [e-mail].

Forward Looking Statements

The 2018 Orocobre Sustainability Report: Salar de Olaroz Lithium Facility contains forward looking statements, including statements regarding plans, strategies and objectives of management; operations or facilities; and regulatory developments.

Forward looking statements may be identified by the use of terminology including, but not limited to, 'intend', 'aim', 'project', 'anticipate', 'estimate', 'plan', 'believe', 'expect', 'may', 'should', 'will', 'continue' or similar words. These statements discuss future expectations or provide other forward looking information.

These forward looking statements are not guarantees or predictions of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control and which may causeactual results to differ materially from those expressed in the statements contained in this Sustainability Report.

There can be no assurance that forward looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.

Accordingly, readers should not place undue reliance on forward-looking information. Orocobre Limited does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Actual results may differ materially from those expressed in such statements as a result of a variety of factors, including our ability to profitably produce and transport products to applicable markets; the impact of foreign currency exchange rates on market prices of products that we produce; activities of government authorities in the countries where we are exploring or developing projects/ facilities, including increases in taxes, changes in environmental and other regulations and political uncertainty; labour unrest; and other factors identified in the Risk Management section of the 2018 Orocobre Annual Report (see page 46).

Past performance cannot be relied on as a guide to future performance.

For details on approach, boundary and scope of this Sustainability Report, please refer to page 16.

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To indicate the alignment of our sustainability initiatives and disclosures with the UN SDGs, SDG icons will be posted at the top of each page to highlight the goals being covered.

No poverty

Zero Hunger

Good health & well-being

Quality education

Gender equality

Clean water & sanitationAffordable & clean energy

Decent work & economic growth

Industry, innovation & infrastructure

Reduced inequalities

Sustainable cities & communities

Responsible consumption & production

Climate action

Life on land

Partnerships for the goals

SDG 14 (Life Below Water) and 16 (Peace, Justice and Strong Institutions) are not included as they have no relevance within the context of our operations.

Orocobre Limited

Orocobre Limited through its role as joint venture partner and manager of the Olaroz Lithium Facility is a dynamic global lithium chemicals supplier. Orocobre is dual listed on the Australian Securities Exchange (ASX:ORE) and the Toronto Stock Exchange (TSX:ORL) and is included in the S&P/ASX 200 Index. Orocobre lithium operations are conducted through:

Cauchari

Sales de Jujuy S.A.

Operating company for the Olaroz Lithium Facility, a large-scale de-novo brine-based lithium project in Jujuy Province of Argentina, Sales de Jujuy (SDJ) is a joint venture (JV) between Orocobre Limited, Toyota Tsusho Corporation (TTC) and the Mining Company of the Argentina provincial government of Jujuy, Jujuy Energia y Mineria Sociedad del Estado (JEMSE).

Orocobre's current focus is the optimisation of Stage 1, the fully funded Stage 2 Expansion at the Olaroz Lithium Facility and progressing plans for a 10,000 tonnes per annum (tpa) Lithium Hydroxide Plant to be built in Naraha, Japan.

Guayatayoc

Olaroz

20KM