Orbite Technologies Inc.

Orbite Technologies Inc.

January 14, 2016 07:30 ET

Orbite Receives Canadian Fly Ash Patent and Allowance for Russian Red Mud Patent

Also Obtains U.S Allowance and Australian Issuance for Separation of Various Metals, including Titanium

MONTRÉAL, QUÉBEC--(Marketwired - Jan. 14, 2016) - Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Company") today announced that it has been advised by the Federal Service for Intellectual Property (ROSPATENT) that its Russian patent application No. 2014131946 pertaining to its red mud monetization technology and titled "Processes for Treating Red Mud", has been deemed allowable. Further to its September 28, 2015 press release, patent No. 2,862,307 titled "Processes for Treating Fly Ash" has been granted by the Canadian Intellectual Property Office ("CIPO") and received by the Company.

Additionally, the United States Patent and Trademark Office ("USPTO") recently advised the Company that its patent application No. 14/413,940 titled "Processes for Preparing Titanium Oxide and Various Other Products" has been found allowable. Furthermore, Australian patent No. 2012231686 titled "Processes for Recovering Rare Earth Elements from Aluminum-bearing Materials" was recently issued by IP Australia.

The ROSPATENT allowance covers the Company's process for the treatment of red mud and provides protection in a region with one of the world's largest alumina industries, and hence red mud stockpiles. This allowance is in addition to red mud related patents already granted in the U.S. and Canada, allowed in Australia, and with applications pending, and expected to be granted, in other areas such as Asia, Europe and Latin America.

The Canadian patent covers the selective extraction and recovery of valuable elements from fly ash, the residue from coal combustion, using Orbite's chloride-based technology. As opposed to other extraction technologies, Orbite's process has the potential to recover all valuable constituents of a feedstock, including gold, scandium, gallium, rare earths and rare metals, alumina, magnesium oxide and titanium dioxide. As indicated in the January 12, 2016 press release, fly ash can contain on average up to 7.5 grams of gold per tonne.

The USPTO patent allowance covers the leaching of an aluminum or titanium-bearing material with hydrochloric acid, separating the feedstock into a solid containing mainly silica and titanium and a leachate, the latter being subsequently processed using Orbite proprietary technology to allow the selective separation of valuable materials. Optionally, the solid fraction can be further processed to separate titanium from silica.

The Australian patent covers the selective extraction of at least one rare earth element and/or at least one rare metal chosen from indium, zirconium, lithium and gallium from a leachate obtained from contacting an aluminum-bearing material with hydrochloric acid.

"Application of the technology described in the American patent allowance enables us to further increase the potential asset value of feedstocks treatable by the Orbite Process, such as aluminous clay, kaolin, red mud and fly ash," stated Glenn Kelly, CEO of Orbite. "The Russian patent provides us with additional leverage in a market where we have identified considerable potential for our waste monetization technology due to the sheer size of industrial waste production relevant to our technology. The Australian and Canadian patents cover important aspects of our specialty products and waste monetization strategies. Our growing intellectual property portfolio, both technologically and geographically, has created significant interest from industry, waste and other feedstock owners, positioning us well to pursue our expansion strategy."

These patents, once delivered, will entitle Orbite to the exclusive use of these inventions for a period of twenty (20) years following their respective filing dates.

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 27 patents and 103 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 31, 2015 on SEDAR.

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

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