Orbit reports steady progress in the development of SGA plant
In March, Orbite signed an MoU with RUSAL to invest in a JV to realise an SGA plant by 2015. In May, the revised Preliminary Economic Assessment (PEA) confirmed favourable economics for an SGA plant producing 540ktpa of alumina and 189ktpa of pure hematite. In May, Orbite began construction of a 3tpd full-scale HPA production plant with commissioning scheduled for December and production in Q113. In September, Orbite was granted a 20-year renewable mining lease for its Grande-Vallée aluminous clay deposit, supporting the feasibility study currently underway.
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