Allkem Ltd T.ORL

Primary Symbol: OROCF

Metals & Mining Industrial Metals & Minerals

Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, and Olaroz. The majority of the company's revenue is derived from the Olaroz segment.

PINL:OROCF - Post by User

Allkem Ltd

Bullboard Posts

Post by alpenlandon Aug 24, 2012 4:14pm

146 Views

Post# 20258431

Acquicition

https://www.stockhouse.com/financialtools/sn_newsreleases.aspx?qm_symbol=T.ORL&newsid=8594318

Lithium Brine Properties
Borax Argentina also owns the tenure on all or parts of the lithium projects being progressed by
other lithium exploration companies, including Lithium Americas Corporation Ltd. (TSX:LAC)
at Salar de Cauchari, Rodinia Lithium Ltd. (TSX-V: RM) at Diablillos, and Galaxy Resources
Ltd (ASX:GXY) at Sal de Vida, (formerly Lithium One’s project). As one of the conditions to
extract brines, these companies are required to make payments to Borax Argentina either as fixed
annual payments or a royalty related to production.