Orbite Provides Update on HPA Plant Construction

• CNC Mecanique was demobilized as planned from the site the week of June 27^th.
• The remaining piping mechanical work was awarded to Fjordtech Industries Inc., who started preparation the week of June 27^th and commenced work on July 4^th.
• The contract for the remaining electrical and instrumentation work was awarded to Electro Kingsey the week of June 27^th. Mobilization and work will commence on July 11^th, and will be completed concurrently with completion of the piping work by Fjordtech.
• Both contracts were awarded following a competitive bid process, on a fixed-price basis with penalty provisions for late delivery, and stipulate an 8 week project timeline, with work continuing over the construction holiday. The contracts respect the revised project budget.
• Isolation Morissette was remobilized the week of June 6^th, and is completing the insulation work on the steam piping and the calcination system (decomposer & calciner), also under a fixed price contract.
• All other construction is complete (civil and structural, major mechanical installation, decomposer and calciner installation ), or materially complete (ventilation).

Commissioning & start-up

• As reported on June 21^st, all commissioning and cold start-up activities of the decomposer and calciner units have been completed successfully.
• Alumina product (SGA) was successfully fluidized in both reactors, and up to 5 tonnes per day was successfully transferred from the decomposer to the calciner via the sealpot assembly system.
• Additional systems will be commissioned and started as they are completed by Fjordtech and Electro Kingsey, including the hot start-up of the decomposer and calciner, forecast to commence in August.

“The project is progressing as communicated in our previous press release and at our annual meeting of shareholders,” stated Glenn Kelly, CEO of Orbite. “With fixed price contracts against rigid timelines for the remainder of the work, we have a clear line of sight to completion. Additionally, commissioning activities have progressed well and our team is gaining the necessary experience on the various systems to operate the plant once started up.”
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 commercializing its first HPA Plant in Cap-Chat. The Company’s portfolio contains 16 intellectual property families, including 32 patents and 101 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.
Forward-looking statements
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