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Orbite signs agreement with India’s Nalco
Edited by : AL CIRCLE
2 min read
Orbite Aluminae, Inc. C3Wednesday struck a tentative deal with India's Nalco that will see the gold and precious metals company test its technology on ore and red mud residue.
Nalco, or National Aluminium Company Limited, was established in 1981 as a public sector enterprise of the government of India. It is Asia’s largest integrated aluminium complex, encompassing bauxite mining, alumina refining as well as aluminium smelting, power generation and rail operations.
Montreal-based Orbite signed a memorandum of understanding Wednesday to test its technology on Nalco’s ores like: gibbsite, boehmite and also on Nalco’s red mud residue left after refining bauxite to produce alumina.
Recent test results illustrated Orbite's process can isolate components found in red mud and remediate them as high-value commercial products like magnesium oxide, iron, Titanium and aluminum.
Orbite also said on Wednesday the deal may pave the way for Nalco to take part in its planned smelter grade alumina plant in Quebec and to a licensing opportunity to process Nalco’s aluminous ores and red muds.
"This agreement is the first step in what we hope will be a mutually beneficial relationship between Orbite and Nalco," Orbite’s chief executive Richard Boudreault said in a statement.
"The potential synergies between the two companies are considerable."
Separately, Orbite also announced on Tuesday that it produced the first commercial samples of heavy rare earth oxides from its shale clay deposit in Grande-Vallee, Quebec.
It produced commercial samples of ittrium, erbium, scandium and gallium, which should help to reduce the economic risks related to Chinese concentration separation techniques.
The company said it is the only company, to its knowledge, with an operational extraction technology for heavy rare earth oxides.
An independent study by two European-based firms validated extraction rates for some rare earth and rare metal oxides at over 93 per cent.
The company expects to be the first to produce separated heavy rare earth oxides and scandium oxide in North America from alumina shale clay, as early as 2014.
Nalco, or National Aluminium Company Limited, was established in 1981 as a public sector enterprise of the government of India. It is Asia’s largest integrated aluminium complex, encompassing bauxite mining, alumina refining as well as aluminium smelting, power generation and rail operations.
Montreal-based Orbite signed a memorandum of understanding Wednesday to test its technology on Nalco’s ores like: gibbsite, boehmite and also on Nalco’s red mud residue left after refining bauxite to produce alumina.
Recent test results illustrated Orbite's process can isolate components found in red mud and remediate them as high-value commercial products like magnesium oxide, iron, Titanium and aluminum.
Orbite also said on Wednesday the deal may pave the way for Nalco to take part in its planned smelter grade alumina plant in Quebec and to a licensing opportunity to process Nalco’s aluminous ores and red muds.
"This agreement is the first step in what we hope will be a mutually beneficial relationship between Orbite and Nalco," Orbite’s chief executive Richard Boudreault said in a statement.
"The potential synergies between the two companies are considerable."
Separately, Orbite also announced on Tuesday that it produced the first commercial samples of heavy rare earth oxides from its shale clay deposit in Grande-Vallee, Quebec.
It produced commercial samples of ittrium, erbium, scandium and gallium, which should help to reduce the economic risks related to Chinese concentration separation techniques.
The company said it is the only company, to its knowledge, with an operational extraction technology for heavy rare earth oxides.
An independent study by two European-based firms validated extraction rates for some rare earth and rare metal oxides at over 93 per cent.
The company expects to be the first to produce separated heavy rare earth oxides and scandium oxide in North America from alumina shale clay, as early as 2014.
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