Orocobre Limited: Construction Progress at the Olaroz Lithium Project and Advances at Borax Argentina


BRISBANE, AUSTRALIA--(Marketwire - Feb. 27, 2013) - OROCOBRE LIMITED (TSX:ORL)(ASX:ORE) has released a webcast with the following details:

Richard Seville discusses construction progress at the Olaroz lithium project and advances at recently acquired Borax Argentina

Speaker: Richard Seville Managing Director and CEO

Live Date: Thursday, 28 February 2013, 01:30 pm AEDT (Wednesday Feb. 27, 2013, 9:30 PM Toronto time)

Access this webcast at: http://www.brrmedia.com/event/110146

Access other ORE webcasts at: http://www.brrmedia.com/asx/ORE

About Orocobre Limited

Orocobre Limited is listed on the Australian Securities Exchange and Toronto Stock Exchange (TSX:ORL)(ASX:ORE), and is building a substantial Argentinian-based industrial minerals company through the construction and operation of its portfolio of lithium, potash and boron projects and facilities in the Puna region of northern Argentina. The Company is building in partnership with Toyota Tsusho Corporation the first large-scale, "greenfield" brine based lithium project in 20 years at its flagship Salar de Olaroz resource, with projected production of 17,500 tonnes per annum of low-cost battery grade lithium carbonate scheduled to commence in Q2 2014. The Company also wholly-owns Borax Argentina, an important regional borate producer. Orocobre has recently been included in the S&P/ASX 300 Index and was named 2012 Mining Company of the Year by Argentine mining magazine Panorama Minero and the Fundacion para el desarrollo de le Mineria Argentina ("Fundamin" or Foundation for Development of Argentina Mining). For further information, please visit www.orocobre.com.

ABN 31 112 589 910

Contact Information:

Australia and Asia: Orocobre Limited
David Hall
Business Development Manager
M: +61 7 3871 3985
dhall@orocobre.com

North America: Orocobre Limited
James Calaway
Chairman
M: +1 (713) 818 1457
jcalaway@orocobre.com
www.orocobre.com