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Orocobre Limited

09:57 AM EST - Orocobre Limited : reported progress on the construction of its flagship Olaroz Lithium Project. In terms of physical progress the construction program is now approximately 95% complete. A total of approximately $221 million U.S. has been spent or committed via executed contracts in the construction project to date. The project is expected to be completed on budget. Orocobre Limited shares T.ORL are trading up $0.18 at $2.75.