Orbite Appoints Director of Engineering
June 5, 2014 (Source: Marketwired) — Orbite Aluminae Inc. (TSX:ORT)(OTCQX:EORBF) (“Orbite” or the “Company“) today announced it has appointed Diane Néron as its new Director of Engineering. The Company also provides a progress report on the status of delivery of its calcination system.
Ms. Néron, who will initially be supporting the Company’s efforts to complete its 3 tonnes per day HPA facility at Cap-Chat, Québec, was mandated to head the technical aspects of the Company’s waste monetization initiatives, including its engineering and process optimization. Orbite’s proprietary process enables the extraction of valuable materials from a wide variety of industrial waste sources, including red mud, fly ash and mine tailings. A crucial step towards commercialization and one in which Ms. Néron will play a key role, will be the conversion of the HPA facility to the Company’s proprietary chloride process, planned for 2015.
Ms. Néron, who will report to Denis Arguin, VP Engineering and Operations, has over 25 years of engineering experience in the materials, mining and metallurgy industries. Prior to joining Orbite, she was a senior project manager with renowned engineering and construction groups such as Bechtel and SNC-Lavalin. A member of the Ordre des ingénieurs du Québec, she holds a Bachelor of Science (B.Sc.) in Metallurgy from École Polytechnique de Montréal.
Denis Arguin, Orbite’s VP of Engineering and Operations, stated, “In Diane, we have found someone who brings a great combination of engineering expertise, leadership qualities and commercial acumen. Her arrival is the first step in strengthening our engineering capacity to drive our waste commercialization efforts. We see a significant potential in producing valuable products such as rare earths, rare metals and alumina from industrial waste, and Diane will lead our technical efforts to capitalize on these opportunities.”
HPA project update – calcinator
Further to the Company`s press release of March 27, 2014, the Company is pleased to report on progress with the construction and delivery of its new calcination system.
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Outotec Germany has completed fabrication of the calciner discharge devices and is currently going through testing to confirm the required specifications have been met. The first shipment from Germany, containing the refractory for the decomposition and calciner vessels, the decomposer feeding system as well as the instrumentation and control system, is to leave next week, with delivery on site in Cap-Chat anticipated for the last week of June. The decomposer and calciner furnaces are being built by Outotec Canada and are expected to arrive from Burlington, Canada during the month August.
Orbite Aluminae 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 and fly ash. 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 Corporation’s intellectual property portfolio contains 15 intellectual property families, and the Corporation owns the intellectual property rights to 11 patents and 66 pending patent applications in 10 different countries and regions. The first intellectual property family is patented in Canada, USA, Australia, China, and Russia. The Corporation also operates a state of the art technology development center in Laval, Québec, where its technologies are developed and validated.
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 Corporation 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 Corporation 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 Corporation’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 May 13, 2014.
The Corporation 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.
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