MONTREAL, QUEBEC–(Marketwired – Sept. 10, 2015) – Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) (“Orbite” or the “Company”) announces it is shipping today new samples of high purity alumina (“HPA”) to prospective customers.
The Company had previously shipped 4N8 HPA samples to prospective customers (see April 7, 2015 press release). Feedback on purity and chemical composition of samples was positive and these prospective customers had indicated their desire to test HPA that is more representative of full-scale, commercial production, notably relative to mechanical properties.
Orbite subsequently modified its existing calcination equipment and process to mimic more closely the new permanent setup. These new samples produced at Cap-Chat are more representative of the Company’s intended final products. Purity levels achieved were up to 5N5 (99.9995% purity), which the Company will refer to as 5N+ going forward.
These samples will ship to existing and new potential customers.
Additionally and as previously indicated, Orbite is advancing on producing milled samples to meet certain specific requirements relative to particle size distribution for other potential customers than those who have received samples to date. As announced previously, these samples are expected to ship in October.
“We are very pleased in having been able to produce HPA of such high purity levels of 5N and above”, stated Glenn Kelly, CEO of Orbite. “As before, these samples were produced entirely at our Cap-Chat facility, which we believe further validates the strength of our technology. With commencement of commissioning and commercial production drawing near, we have stepped up our commercial efforts. With two sets of samples now shipped, production of an additional set for different customer demands in progress, and the announcement of our collaboration with NRC in the field of battery applications, we are moving ahead on several fronts that we anticipate will help secure off-take from our HPA plant.”
Orbite Technologies Inc. (formerly 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, 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 15 intellectual property families, including 18 patents and 107 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.
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.
External Investor Relations Consultant
For Media Inquiries:
External Media Relations Consultant