Grids

Orocobre Selected in First Global Lithium ETF

The ETF, launched by Global X Funds is designed to track performance of the largest and most liquid lithium mining, refining and battery producing companies in the world.

Managing Director, Mr. Richard Seville said "Orocobre’s selection highlights the important position of Orocobre in the emerging lithium industry, and the promising outlook for Lithium as a strategic commodity."

"This is a vote of confidence in the lithium sector as a whole and follows strong support in the sector from major global motor vehicle suppliers and companies, such as our partner Toyota Tsushu."

"Investors are increasingly aware of lithium’s important role in a variety of battery applications, in particular for use in electric vehicles."

"The inclusion as one of just 20 companies in the ETF highlights Orocobre’s position as one of the world’s next large scale, low cost lithium-potash brine producers."

Global X Funds is has launched a range of exchange- traded funds including a suite of Brazil and China sector-specific ETFs and Silver and Copper Miners ETFs, among others.

Orocobre Limited is listed on the Australian Securities Exchange and Toronto Stock Exchange (TSX: ORL)(ASX: ORE) and is the leading lithium-potash developer in the lithium and potassium rich Puna Lithium Province of Argentina.

www.orocobre.com