Orbite Technologies Inc.
TSX : ORT
OTCQX : EORBF

Orbite Technologies Inc.

August 18, 2016 07:30 ET

Orbite HPA Update

MONTRÉAL, QUÉBEC--(Marketwired - Aug. 18, 2016) - Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite", or the "Company") today provided an update on construction, commissioning and start-up of its high purity alumina (HPA) plant. Activities are progressing according to schedule as communicated previously.

HPA Plant Construction

  • Fjordtech Industries Inc., who were awarded the contract for the remaining piping mechanical work, are proceeding well. Installation of the piping for the plant's cooling water system is complete and the system start-up was successful. Fjordtech has commenced on the crystallization sector piping installation, and the installation of the piping for the digestion sector.
  • The remaining electrical and instrumentation work, awarded to Electro Kingsey, is also proceeding as per plan, and is being completed concurrently with the completion of the piping installation by Fjordtech. Installation of electrical and instrumentation was also completed for the cooling water system, with work on the crystallization and digestion sectors of the plant proceeding.
  • Isolation Morissette has completed the insulation work on the steam piping and the calcination system (decomposer & calciner). Overall insulation work is now 85% complete.
  • All other construction is complete (civil and structural, major mechanical installation, decomposer and calciner installation, and ventilation).

Commissioning & Start-up

  • As reported on July 28th, commissioning and cold start-up activities of the decomposer and calciner units were completed successfully, and alumina product (SGA) was successfully fluidized in both reactors. Up to 5 tonnes per day was successfully transferred from the decomposer to the calciner via the sealpot assembly system. Control and stability over the transfer of material through the seal pot was tested, and the sealing of the toric discharge device was verified.
  • Commissioning and start-up of the cooling water system was completed as planned.
  • Field service personnel from Outotec (decomposer and calciner) and Sandvik (calciner system heating elements) was mobilized on site the week of August 1st for the commissioning and start-up of the steam superheater and the heating elements in the calciner and decomposer.
  • Commissioning and start-up of the steam superheater was successfully completed, and operational temperatures and flows were achieved.
  • Commissioning and start-up of the heating elements in the calciner and decomposer was completed successfully.
  • Commissioning of the decomposer and calciner scrubber system is ongoing, and will be followed shortly by the initial heating up of the decomposer and calciner.

"Commissioning and start-up of plant sub-systems have progressed well and we continue to be on track for production per our earlier communicated timeline," stated Glenn Kelly, CEO of Orbite.

About Orbite

Orbite Technologies Inc. is a Canadian cleantech company whose innovative and proprietary processes are expected to produce alumina and other high-value products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, and in a sustainable fashion, using feedstocks that include aluminous clay, kaolin, nepheline, bauxite, red mud, fly ash as well as serpentine residues from chrysotile processing sites. Orbite is currently in the process of finalizing its first commercial high-purity alumina (HPA) production plant in Cap-Chat, Québec and has completed the basic engineering for a proposed smelter-grade alumina (SGA) production plant, which would use clay mined from its Grande-Vallée deposit. The Company's portfolio contains 16 intellectual property families, including 36 patents and 92 pending patent applications in 11 different countries and regions. The first intellectual property family is patented in Canada, USA, Australia, China, Japan and Russia. The Company also operates a state of the art technology development center in Laval, Québec, where its technologies are developed and validated.

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 30, 2016 on SEDAR, including those under the headings "Recent increase in budgeted capital costs will require additional financing and may adversely impact our prospects", "We will need to raise capital to continue our growth" and "Development Goals and Time Frames".

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

  • NATIONAL Equicom
    Marc Lakmaaker, External Investor Relations Consultant
    416-848-1397
    mlakmaaker@national.ca

    For Media Inquiries:
    NATIONAL Equicom
    Scott Anderson, External Media Relations Consultant
    416-586-1954
    sanderson@national.ca