Orbite Updates Construction of HPA Facility

Orbite Aluminae Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Corporation"),
today provides its second update on the construction and optimization activities
of its high purity alumina ("HPA") production facility located in Cap-Chat,
Quebec. 


As communicated in its January 29 HPA project update, Orbite had commenced the
design review and detailed engineering with Seneca, as well as project
management and control activities with Groupe Alphard. Orbite continues to work
towards a 12 month execution timeline, with commissioning in December 2014 and
commercial operations to commence in January 2015. Full production capacity at 3
tpd is anticipated for Q1 2015. 


Glenn Kelly, CEO of Orbite, stated, "We are pleased with the progress made to
date on our HPA project at Cap-Chat. Several project elements, such as the
design review, have now been completed. We are on schedule and are progressing
well towards our twelve month execution timeline. Additionally, following
positive calcination and decomposition testing results with potential suppliers
in Asia and Europe, we have been able to conclude negotiations and selected
Outotec to deliver the new calcination system. The unit is expected to arrive in
August, slightly ahead of our earlier communicated schedule."


Progress to date is as follows: 

Cap-Chat Operations 



--  Operating conditions for the HPA purification steps were optimized
    through a series of tests at Orbite's Technology Development Center
    ("TDC"). 
--  The HPA facility is completing a production campaign, where optimized
    operating conditions, developed at the TDC, were tested and validated.
    The new operating parameters will be incorporated into the detailed
    facility design. 
--  Preliminary results are very promising (quality, process conditions and
    productivity) and are in line with pilot testing done at the TDC. 
--  The product will be used to supply sample sets for evaluation by
    potential customers. 



Engineering 



--  Seneca has finalized the mass and energy balances, project scope
    definition and the design basis. 
--  Seneca has also completed a survey of Orbite's installations at its Cap-
    Chat facility to evaluate changes needed, such as equipment
    modification/relocation, and infrastructure capacities (electricity,
    steam, cooling water, and building ventilation). 
--  P&IDs (Piping & Instrumentation Diagrams) review is completed and will
    be issued for design.



Project Management



--  Alphard has completed the work break-down structure to align budget,
    schedule and cost tracking. 
--  Calcination equipment installation, sequence and schedule has been
    optimized and the general project schedule has been refined as follows; 
    --  Detailed Engineering Completed - May 
    --  Issue of Procurement and Construction packages for bid - June 
    --  Start of Construction - July 
    --  Calcination System Delivery - August 
    --  Plant commissioning including cold and hot start up - November and
        December 
    --  Commercial Operations - January



Procurement



--  HPA decomposition and calcination tests were completed at two calciner
    system supplier piloting centers in Europe and Asia. 
--  Based upon technical & economic evaluation of both offers, Outotec of
    Germany was selected as the preferred supplier and the supply contract
    has been awarded.



About Outotec 

Outotec provides leading technologies and services for the sustainable use of
Earth's natural resources. As the global leader in minerals and metals
processing technology, Outotec has developed many breakthrough technologies over
the decades. The company also provides innovative solutions for industrial water
treatment, the utilization of alternative energy sources and the chemical
industry. Outotec shares are listed on NASDAQ OMX Helsinki. www.outotec.com 


About Orbite

Orbite Aluminae Inc. is a Canadian cleantech company who's innovative and
proprietary processes are expected to produce alumina and other high-value
by-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 finalizing its first commercial high-purity alumina (HPA)
production plant in Cap-Chat, Quebec and has completed the basic engineering for
a proposed smelter-grade alumina (SGA) production plant, which would use clay
mined from its Grande-Vallee deposit. The Corporation's intellectual property
portfolio contains 15 intellectual property families, and the Corporation owns
the intellectual property rights to 11 patents and 57 pending patent
applications in 10 different countries and regions. The first intellectual
property family is patented in Canada, USA, Australia, China, and Russia. The
Company also operates a state of the art technology development center in Laval,
Quebec, 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, 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 November 14, 2013 on
www.sedar.com. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
TMX EQUICOM
Mark Lakmaaker
External Investor Relations Consultant
1-800-385-5451 ext. 248
mlakmaaker@tmxequicom.com


For Media Inquiries:
TMX EQUICOM
Shaun Smith
External Media Relations Consultant
1-800-385-5451, ext. 252
ssmith@tmxequicom.com
Tyhee Gold Corp. (TSXV:TDC)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024