Orocobre balance sheet bolstered

ASX- and TSX-listed Orocobre has received a welcome financial boost in the form of a value added tax (VAT) refund and by the release of further cash security deposits in Australia, which back subsidiary Sales de Jujuy’s (SDJ's) Argentine working capital facility. The Brisbane, Australia-based industrial chemicals and minerals company said Thursday that SDJ has received about $2.7-million of additional VAT refunds, bringing the total to date to about $19.8-million.