Orocobre Ltd., Toyota Tsusho Corp., and joint-venture company boards have approved investment in a Stage 2 Expansion of the brine-based Olaroz lithium facility in Jujuy province, northern Argentina. The expansion will increase Olaroz lithium carbonate (Li2CO3) production capacity by approximately 25,000 metric tons per year (mt/y), bringing total capacity to about 42,500 mt/y.
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