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Orbite confirms a 23% increase in the recovery rate of REO and RMO
Edited by : AL CIRCLE
3 min read
Orbite Aluminae Inc. is proud to announce that an independent analysis of samples of individual rare earth oxides (REO) and rare metal oxides (RMO) has confirmed a 23% increase in recovery rates over the figures published in the Revised Preliminary Economic Assessment Technical Report dated May 31, 2012, thereby increasing value of its smelter grade alumina (SGA) production project. Orbite also reanalyzed results of the various drilling campaigns carried out in recent years, confirming previously disclosed results.
The Company recently mandated European-based CMI-UVK GmbH to evaluate the extraction and separation of rare earth oxides and rare metal oxides from the Company's Grande-Vallee deposit. The tests were independently carried out at MEAB'S pilot plant in Germany.
The recovery results represent a 23% increase in recovery rate over the figures published in the Revised Preliminary Economic Assessment Technical Report ("Revised PEA") dated May 31, 2012. Product samples representative of the final commercial phase are now available, and pilot phase assays for the other heavy elements (REO and RMO) are currently underway. The data obtained following the pilot assays has served as the basis for the design of the rare earths processing segment of the Company's smelter grade alumina (SGA) production plant and are being incorporated into the feasibility study relating thereto.
"The success of Orbite's technological innovation begins with its patented process. It has now been demonstrated that Gallium, Yttrium and particularly Scandium produced using the Orbite process should position the Company favourably in the market for these elements, with alumina remaining our principal product," explained Richard Boudreault, President and CEO of Orbite. "Given the positive results reported at the German pilot plant, we can now confirm that in addition to planning the overall recovery of acid and rare earths from the aluminous clay, the Orbite process shows major potential for the individual extraction of certain elements such as Scandium and other heavy rare earths as SGA by-products."
As part of its program to evaluate rare earth oxides and rare metal oxides, the Company announces the results of REO and RMO concentrations in the drilling samples from its 2008 to 2010 drilling campaigns. Following the release of the Revised PEA, the Company conducted additional analyses of Grande-Vallee samples from previous drilling campaigns. The ensuing study focused on more than 1,088 analysis results from 34 drill holes covering an area of approximately 3,000 metres east-to-west and 1,200 metres north-to-south. The results of this second analysis confirm and reinforce the conclusions of the Revised PEA and clearly indicate that the REO and RMO values will add economic value to the Company's project, given the individual extraction and separation results obtained for heavy REO and RMO.
The Company recently mandated European-based CMI-UVK GmbH to evaluate the extraction and separation of rare earth oxides and rare metal oxides from the Company's Grande-Vallee deposit. The tests were independently carried out at MEAB'S pilot plant in Germany.
The recovery results represent a 23% increase in recovery rate over the figures published in the Revised Preliminary Economic Assessment Technical Report ("Revised PEA") dated May 31, 2012. Product samples representative of the final commercial phase are now available, and pilot phase assays for the other heavy elements (REO and RMO) are currently underway. The data obtained following the pilot assays has served as the basis for the design of the rare earths processing segment of the Company's smelter grade alumina (SGA) production plant and are being incorporated into the feasibility study relating thereto.
"The success of Orbite's technological innovation begins with its patented process. It has now been demonstrated that Gallium, Yttrium and particularly Scandium produced using the Orbite process should position the Company favourably in the market for these elements, with alumina remaining our principal product," explained Richard Boudreault, President and CEO of Orbite. "Given the positive results reported at the German pilot plant, we can now confirm that in addition to planning the overall recovery of acid and rare earths from the aluminous clay, the Orbite process shows major potential for the individual extraction of certain elements such as Scandium and other heavy rare earths as SGA by-products."
As part of its program to evaluate rare earth oxides and rare metal oxides, the Company announces the results of REO and RMO concentrations in the drilling samples from its 2008 to 2010 drilling campaigns. Following the release of the Revised PEA, the Company conducted additional analyses of Grande-Vallee samples from previous drilling campaigns. The ensuing study focused on more than 1,088 analysis results from 34 drill holes covering an area of approximately 3,000 metres east-to-west and 1,200 metres north-to-south. The results of this second analysis confirm and reinforce the conclusions of the Revised PEA and clearly indicate that the REO and RMO values will add economic value to the Company's project, given the individual extraction and separation results obtained for heavy REO and RMO.
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