Canada's retaliatory tariffs on US goods, including aluminium and steel products, take effect as Washington intensifies pressure on Canadian industry. Canada is escalating its trade confrontation with the United States, imposing tariffs of up to 50 per cent on US imports worth CAD 27.6 billion (USD...
The aluminium industry stands at a juncture material quality, recycling capacity, cross-border cooperation, carbon compliance and energy security are falling into a network of interconnectivity. The aluminium supply chain is evolving from simply securing enough metal to securing the right quality,...
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Orbite Aluminae Inc. announced today the filing of its Consolidated Financial Statements for the year ended December 31, 2014. The Company reported a net loss of $3.5 million (or $0.01 per share) and $12.4 million ($0.04 per share) for the fourth quarter and the year ended December 31, 2014,...
Canadian artist named Linda Covit, has recently completed her aluminium sculpture gracing the grounds of the new campus for McGill University health centre in Montreal. The piece created by the Montreal-based artist is the largest among the 11 sculptors scattered across the campus and possibly the...
The latest statistics released by the Aluminum Association indicate that aluminum demand in the United States and Canada (shipments by domestic producers plus imports) totaled an estimated 2,124 million pounds in January 2015, up one-tenth of one percent over a year ago. Demand for semi-fabricated...
Demand for aluminum semi-fabricated (mill) products in the United States and Canada (measured in shipments by domestic producers plus imports) totaled an esti-mated 1,487 million pounds in January, increasing 10.1 percent over the January 2014 total of 1,351 million pounds. Aluminum sheet and plate...
Orbite Aluminae Inc. today announced the filing of a final short form base shelf prospectus (the "Prospectus") which was receipted by the securities regulatory authorities in each of the provinces of Canada. The Prospectus is not a commitment to undertake any financing but is designed to provide...
The union representing workers at Rio Tinto Alcan Inc.’s aluminum smelter in Kitimat has filed applications in B.C. Supreme Court seeking to overturn approvals for a $5-billion expansion, claiming the government was biased and the project poses health risks. Unifor says the government is allowing...
Orbite Aluminae Inc. today announced that, the Company has appointed RHI Canada Inc. as its contractor for the installation of the refractory system for the decomposer and calcination units at its HPA production facility in Cap-Chat, Quebec. Following certain preparatory activities, refractory...
The seaport city of Vancouver in Canada is the chosen city for the ISRI Convention and Expo 2015, by the US Institute of Scrap Recycling Industries (ISRI). A variety of topics will be covered under the convention offering informative general sessions and workshops on topics like: ferrous,...
Orbite Aluminae Inc. is pleased to announce today that the Company will be hosting a booth at the PDAC International Convention, March 1st - 4th, 2015. Additionally, Glenn Kelly , the Company's CEO will be presenting at the 27th ROTH Capital Partners Annual Conference on March 9th. The PDAC...
Aluminum Association reports North American (US & Canada) downstream market updates for the month of January 2015. New can stock (class) scrap receipts totaled 57.3 million pounds during January 2015, a decrease of 4.4 percent from the January 2014 total of 59.9 million pounds. Compared to the...
The aluminum industry in the United States and Canada saw year-over-year demand growth of 5.0 percent through the end of 2014. This according to preliminary data released today in the Aluminum Association’s monthly “Situation Report.” The estimated 25.5 billion pounds of aluminum shipped by North...
Rio Tinto Alcan’s CEO Alfredo Barrios announced on Wednesday their plans to expand smelting capacities in Canada once the aluminium gains strength. Barrios says, since the aluminium prices have fallen since last year, the market situation is not conducive for further investment at the moment. He...
Orbite Aluminae Inc. is pleased to announce today that it has been selected to receive up to $4.5M in non-dilutive funding from Sustainable Development Technology Canada (SDTC) to be applied towards Orbite's technology development, demonstration and commercialization related to the processing of...
Orbite Aluminae Inc. today announced Investissement Quebec will be providing Orbite with a $3.025 million bridge loan, collateralized against the Company's investment tax credits receivable for the year 2014, estimated at $4.0 million. The loan, repayable by June 30, 2016, will carry an interest...
An agreement signed between Rio Tinto Alcan and the Quebec government now allows Rio Tinto to extend the remaining aluminium operations the company has in Arvida in Saguenay until the end of 2020 that will save 1,000 jobs. Through the agreement, Rio Tinto Alcan will be entitled to low preferential...
Orbite Aluminae Inc. is pleased to announce that the Canadian Intellectual Property Office has granted and issued two new patents to Orbite. The two patents are Canadian patent 2,829,049, titled Processes for Recovering Rare Earth Elements from Aluminum-Bearing Materials, and Canadian patent...
Orbite Aluminae Inc. announced today that the Government of Québec confirmed the Company will receive, on or about December 29, $4 million as the third installment of its 2012 and 2013 Québec Investment Tax Credits. The funds were due to the Company in relation to equipment purchased for...
Orbite Aluminae Inc. today provided an update on the construction of its high purity alumina plant. Refractory Material and Project Update Orbite had announced on October 29th that, following quality control testing by the Company’s Technology Development Centre (TDC), product non conformities had...
