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Orbite Aluminae (TSX:ORT,OTCQX:EORBF) reported that construction activities at its high-purity alumina (HPA) plant in Cap-Chat, Quebec, Canada, have mostly been completed — all critical equipment is in place. Plant pre-operational verification and the commissioning of many sections of the plant are progressing according to plan. The Company also announced that it is received insurance coverage from Munich Re for its intellectual property.
Orbite Aluminae (TSX:ORT,OTCQX:EORBF) reported that construction activities at its high-purity alumina (HPA) plant in Cap-Chat, Quebec, Canada, have mostly been completed — all critical equipment is in place. Plant pre-operational verification and the commissioning of many sections of the plant are progressing according to plan. The Company also announced that it is received insurance coverage from Munich Re for its intellectual property.
As quoted in the press release:
Orbite’s engineering team is following a detailed 720-step plan to complete pre-operational verification and commissioning. The initial production capacity is expected to gradually increase from less than 1 tonne per day of 4N to 6N HPA at the beginning of Q1 2013 to 3 tonnes per day by mid-2013 and to 5 tonnes per day by the end of 2013. Part of the equipment in the plant has already been provisioned to a production capacity of 5 tonnes per day. This ramp-up schedule could potentially be accelerated if initial customer demand exceeds expectations.
Orbite is pleased to announce that it has obtained from Munich Re insurance coverage for its intellectual property, including its portfolio of patents, trade secrets and trademarks.
Orbite Aluminae President and CEO Richard Boudreault said:
Initiation of the commissioning is an important milestone for the high-purity alumina (HPA) plant. As a result, we expect to achieve initial production in the near term and commercial production, as planned, for the start of Q2 2013. Once in commercial operation, the HPA plant should effectively demonstrate the processes of the smelter-grade alumina (SGA) plant, which is currently in the Feasibility Study stage.
Click here to read the Orbite Aluminae (TSX:ORT,OTCQX:EORBF) press release
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