08 JULY 2011worldal.com
ALUMINA DEVELOPMENT: Orbite to advance Cap-Chat pilot plant to commercial production
Edited by : AL CIRCLE
1 min read
Montreal-based Exploration Orbite has raised $57.5 million through a recently completed bought deal. Most of the net proceeds will be used to convert the company's Cap-Chat pilot plant into a commercial facility producing ultra-pure alumina.
Orbite's major holding is its Grande Vallee property in the Gaspe region, 32 km northeast of Murdochville. The property has an identified aluminous clay deposit that grades 23% alumina. It will be mined by open pit methods.
The clay is to be processed at Cap-Chat. The commercial plant will be a 7,000-t/d smelting grade facility using Orbite's patented technology. The company hopes to build a series of these plants that will cut alumina imports for the province's aluminum smelters.
Orbite's major holding is its Grande Vallee property in the Gaspe region, 32 km northeast of Murdochville. The property has an identified aluminous clay deposit that grades 23% alumina. It will be mined by open pit methods.
The clay is to be processed at Cap-Chat. The commercial plant will be a 7,000-t/d smelting grade facility using Orbite's patented technology. The company hopes to build a series of these plants that will cut alumina imports for the province's aluminum smelters.
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