All activities are being undertaken within strict health and safety standards and in coordination with the provincial COVID-19 Emergency Operational Centres. Safety remains the Company’s highest priority and the focus is on the health of workers, their families and those of related communities. A strict biosecurity protocol remains in all workplaces.
Production and shipping of lithium carbonate has now recommenced at Olaroz with a significantly reduced number of personnel at site.
The lithium market continues to be weak with stock throughout the supply chain. Many electric vehicle (EV) manufacturers have reduced or temporarily closed operations and demand is unlikely to recover until these reopen. Logistical challenges remain, exacerbated by the geographical spread of the supply chain.
Borax has also recommenced production and shipping of essential products to customers including those in
On-site operations for the Olaroz Stage 2 expansion remain suspended. However, engineering, planning and procurement work is continuing offsite.
On-going impact of COVID-19
Operations at both Olaroz and Borax remain subject to a variety of potential disruptive factors related to COVID-19 including ongoing government restrictions on personnel movement and travel, closure of suppliers and customers, and potential reduced demand for products. The duration and severity of these disruptions is currently unknown and as such the ultimate impact on
The possible future infection of employees with COVID-19 at any
Management and the Board of
Authorised by:
Joint Company Secretary
For more information please contact:
Chief Investor Relations Officer
M: +61 418 783 701
E: abarber@orocobre.com
W: www.orocobre.com
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