MINING battery grade product produced at the Olaroz Facility .
Partnerships Prior to receiving final government approval to commence construction of the project , Orocobre entered into an agreement with Jujuy Energia y Mineria Sociedad del Estado ( JEMSE ). A mining investment company owned by the Jujuy government , JEMSE holds an equity interest in the project , and provided assistance during the development of Olaroz .
The final government approval , along with the JEMSE agreement , cleared the way to finalise the project construction financing package with TTC , as well as Mizuho Corporate Bank and Japanese state-owned Japan Oil , Gas and Metals National Corp ( JOGMEC ).
“ TTC is our equity partner and sales agent , they were able to procure low cost project debt from Japanese banks supported by JOGMEC ,” said Seville . “ They were a key part of getting this project done .” Additional assets Another major operation owned by Orocobre is Borax Argentina , which is a long established Argentine boron minerals and refined chemicals producer that has been in operation for over 50 years . Borax Argentina is one of only a few major borate deposits globally currently in production .
These operations produce a wide variety of boron chemical products including boric acid , borax decahydrate , borax pentahydrate , anhydrous borax and boroglas from concentrates and ulexite minerals carted from the mines and concentrators . Borax Argentina operates three open pit mines , a borax decahydrate plant in Tincalayu and concentration plants in Sijes and Porvenir , in addition to refinery facilities at Campo Quijano .
The mineral operations produce ulexite ( Porvenir ) which is predominantly used in the manuufacturing of boric acid , hydroboracite ( Sijes ) a calcium and magnesium borate provides specific benefits for agriculture , ceramic and oil and gas applications and colemanite ( Sijes ) which is sold predominantly into ceramic manufacturing operations .
The considerable deposits at Diablillos and Ratones are
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