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Orocobre Names Pratt To Board

March 24, 2010 (FinancialWire) — The directors of Orocobre Ltd. (ASX: ORE) (OTC: OROCF) have appointed Courtney Pratt as a non-executive director of the company. The appointment expands the members of the company's board of directors to six, of which five are non-executive directors.

Pratt is a Canadian businessman who served from 2004 to 2006 as president and CEO of Stelco, a Canadian steel producer, guiding it through a court supervised restructuring, and then served as Stelco's chairman until the company's sale to US Steel in 2007.

Earlier, Pratt served as the president and CEO of Toronto Hydro, North America's largest municipally owned electricity distributor. He also served as president and subsequently as chairman of Noranda Inc, a natural resource company headquartered in Toronto.

Australia-based Orocobre is a lithium-potash resource developer in the lithium and potash rich Puna Lithium Province of Argentina.

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