Top member reports
Company Report
Last edited 4 years ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#3
Performance (78m)
11.5% pa
Followed by
1342
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#Fukushima Earthquake
stale
Added 4 years ago

15-Feb-2021:  Minor damage from recent earthquake near Naraha

Orocobre Limited (ASX: ORE, TSX: ORL) advises that following an earthquake late Saturday (13 February 2021, JST) off the coast of Fukushima Prefecture, north east Japan, there are no injuries to employees at the Naraha Lithium Hydroxide Plant. An initial inspection of the plant with the construction contractor, Veolia Jenets on the morning of 14 February found some minor damage to the site office but did not find any visible defects to plant equipment. Additionally, there is no damage to site infrastructure services. A further inspection will be undertaken on 15 February to confirm the initial observations and assure the safety of the site prior to the recommencement of construction work.

--- ends ---

Further Reading:

energynewsbulletin.net: Fukushima earthquake halts LNG imports

https://www.straitstimes.com/asia/east-asia/japan-assesses-damage-after-earthquake-struck-near-fukushima

https://au.finance.yahoo.com/news/japan-assesses-damage-earthquake-struck-013442918.html

No big issues for ORE it seems (which I do not hold) - not sure if this affects any Australian-listed LNG exporters to Japan - considering that the Soma LNG import and regasification terminal at Shinchi-machi has been shut down.