Orbite HPA Update
/EINPresswire.com/ -- MONTREAL, QUEBEC -- (Marketwired) -- 08/18/16 -- 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, 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 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, 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, 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.
Contacts:
NATIONAL Equicom
Marc Lakmaaker, External Investor Relations Consultant
416-848-1397
mlakmaaker@national.ca
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NATIONAL Equicom
Scott Anderson, External Media Relations Consultant
416-586-1954
sanderson@national.ca
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