CAPITAL MARKETS

Poor pricing for Orocobre highlights two year slump in fortunes 

TWO years after receiving more than US$11,000 per tonne for lithium carbonate, and flagging rising contract prices into the "foreseeable future", producer Orocobre has said it expects to only receive about $5400/t in the current quarter.

Prices remain under pressure.

Prices remain under pressure.

The latest sales pricing compares to the preliminary $6200-6500/t guidance in October.   For what it's worth, given earlier forecasts, the brine producer expects lithium chemical pricing to "recover...

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