Yes, 75% economic interest and fantastic financing arrangements.
Orocobre Limited (ASX: ORE, TSX: ORL) (“Orocobre” or “the Company”) is pleased to advise that Orocobre, Toyota Tsusho Corporation (TTC) and Joint Venture (JV) boards have approved the Final Investment Decision (FID) for the Naraha Lithium Hydroxide Plant to be built in Japan. Orocobre will hold a 75% economic interest in the project with operations to be managed by TTC. FID announcement - 12 April 2019
ORE Price at posting:
$6.42 Sentiment: Buy Disclosure: Held