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Slight profit dip for Orocobre in soft market

While pricing currently remains weak, ASX lithium heavyweight Orocobre expects to increase production "at least" 5% in the new financial year underway after a 2019 performance that yielded 12,605 tonnes and an underlying net profit after tax of US$24.8 million.

Slight profit dip for Orocobre in soft market Slight profit dip for Orocobre in soft market Slight profit dip for Orocobre in soft market Slight profit dip for Orocobre in soft market Slight profit dip for Orocobre in soft market

Pricing not pretty but operations going well for Orocobre in Argentina

The latter was a slight reduction on the previous year and came as earnings fell from $86.7 million to $54.1 million, mainly due to lower pricing in the lithium sector.

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