Orbite Aluminae Inc.
TSX : ORT

Orbite Aluminae Inc.

April 10, 2012 13:04 ET

Orbite Confirms Choice Regarding Hydrothermal Process for its Green Smelter Grade Alumina Plant

MONTRÉAL, QUÉBEC--(Marketwire - April 10, 2012) - Orbite Aluminae Inc. ("Orbite" or the "Company") (TSX:ORT) confirms its choice for hydrochloric acid ("HCl") recovery technology for its smelter grade alumina ("SGA") plant operations based on data from SMS Siemag and ThyssenKrupp supporting the hydrothermal process efficiency and recovery rates. Part of the design of the SGA plant implies the recovery and the regeneration of hydrochloric acid. Key decision factors in selecting this technology include the high yield recovery of acid, economic viability, as well as environmental friendliness.

Orbite's engineers conducted a thorough technical due diligence of the technologies available including spray roasting, fluidized beds and hydrothermal process. The selection process included sites visits of such commercial scale operations.

As a result of the technical due diligence, the Company has selected the hydrothermal process from SMS Siemag as the technology of choice. This decision was based on the technology's ability to respond to large commercial scale requirements including high recovery yield, low energy consumption with regard to lower operating temperatures, product quality (HCl concentration and hematite quality) and very low atmosphere emissions.

"The Hydrothermal Acid Regeneration Plant at ThyssenKrupp Steel USA located in Calvert, Alabama is continuing its operations. SMS Siemag is pursuing the commissioning and utilization of the Hydrothermal Acid Regeneration Plant. Demonstration of energy consumption, recovery rates as well as product and by-product quality targets have already been achieved" said a senior executive at SMS Siemag Process Technologies GmbH.

"We have great confidence in the Hydrothermal Acid Regeneration technology for our planned SGA plant, as well as in SMS Siemag's expertise in that field. Our Chief Scientific and Chief Engineer performed a due diligence at the ThyssenKrupp Steel USA, and their conclusions reinforced our choice to choose the Hydrothermal Acid Regeneration technology rather than more conventional ones, and this, in order to achieve a clean technology and a low energy consumption Smelter Grade Alumina plant", said Richard Boudreault, President and CEO of Orbite Aluminae.

As planned, Orbite will be generating revenues by the end of 2012 and beyond with its High Purity Alumina Plant, while looking to licence its patented technologies. The first SGA plant is planned for the end of 2013 or beginning of 2014 with the active cooperation of Rusal, the world's largest aluminum producer.

About SMS Siemag

SMS Siemag is a company of the SMS group, which, under the roof of SMS Holding GmbH, is a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry. In 2010, it had some 9,200 employees worldwide, and generated a turnover of EUR 3 bn.

About Orbite

Orbite owns 100% of the mining rights on a Grande-Vallée property of approximately 6 441 hectares, the site of an aluminous clay deposit located 23 km south of Grande-Vallée, and a 2 600 m2 full scale pilot plant in Cap Chat, in the Gaspé region. An NI 43-101 report issued in August 2011 identified an Indicated Resource of between 800 million and one billion tonnes of aluminous clay in part of the deposit containing a series of mineral elements. The Company also owns the intellectual property rights to a unique Canada and U.S. patented process for extracting alumina from various types of aluminous ores and for which patents are also pending in other countries. www.orbitealuminae.com

Forward-looking statements

Certain information contained in this document may include "forward-looking information". Without limiting the foregoing, the information and any forward-looking information may include statements regarding projects, costs, objectives and future returns of the Company or hypotheses underlying these items. In this document, words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements and information are based on information available at the time and/or the Company management's good-faith beliefs with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. These risks uncertainties and assumptions include, but are not limited to, those described in the section of the Management's Discussion and Analysis (MD&A) entitled "Risk and Uncertainties" as filed on March 22, 2012 on SEDAR, and could cause actual events or results to differ materially from those projected in any forward-looking statements. The Company does not intend, nor does it undertake, any obligation to update or revise any forward-looking information or statements contained in this document to reflect subsequent information, events or circumstances or otherwise, except as required by applicable laws.

Contact Information

  • MEDIA
    Frederic Berard
    H+K Strategies
    514-395-0375, ext. 259

    ORBITE
    Jacques Bedard
    CFO
    Orbite Aluminae Inc.
    514-744-6264

    INVESTORS
    Louis Morin
    Investor Relations
    514-591-3988

    Jason Monaco
    Managing Partner
    First Canadian Capital Corp.
    416-742-5600

    Nicole Blanchard
    Investor Relations
    Sun International Communications
    450-973-6600