Rare Earth – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) filed its first quarter results and resolved the dispute with its principal supplier involved in the construction of its HPA plant in Quebec. First quarter highlights include cash and short-term investments of $20.2 million and cash flows from operating activities of $1.0 million.
Aluminum – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) announced that Convertible Debentures issued in December 2012, will begin trading today.
Rare Earth – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) appointed Glenn R. Kelly as the Company's Executive Vice-President and Chief Operating Officer. His appointment will be effective as of May 21, 2013.
Aluminum – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) received patents or its alumina production processes from aluminous ores such as clay, bauxite and other sources in China and Russia. These patents will protect the same processes as those used in Orbite's high-purity alumina plant in Cap-Chat, Quebec as well as processes that will be used in its first smelter-grade alumina plant which is currently at the Feasibility Study stage.
Rare Earth – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) has been recently issued patents in China and Russia for its alumina production processes from aluminous ores such as clay, bauxite and other sources. These patents protect the same processes as those used in Orbite's high-purity alumina plant in Cap-Chat, Quebec, and processes that will be used in its first smelter-grade alumina plant currently at the Feasibility Study stage.
Aluminum – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) confirmed that unusual trading occurred following the market open and commented on its impact on the Company's share price, but the Company is not aware of any reason that explains this share price movement.
The following companies have significant upcoming news catalysts that are expected in the next 30 days which have the potential to move the listed companies’ stock: Quest Rare Minerals Ltd. (TSX:QRM), Tungsten Mining NL (ASX:TGN), Cap-Ex Ventures Ltd. (TSXV:CEV), Premium Exploration (TSXV:PEM), Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF), Largo Resources Ltd. (TSXV:LGO), Alabama Graphite Corp. (CNSX:ALP), Highbank Resources Ltd. (TSXV:HBK), Richmont Mines Inc. (TSX:RIC), Avanti Mining Inc. (TSXV:AVT), Unigold Inc. (TSXV:UGD).
Rare Earth – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) announced production of its first tonne of high-purity alumina (HPA) during the last week of December 2012 and early January 2013. Further commissioning activities, including optimization of the purity towards 5N and greater, are expected to take up to two months to complete and are proceeding according to schedule.
Aluminum – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) announced the production of its first tonne of high-purity alumina (HPA) at its commercial-scale HPA production plant in Cap-Chat, Quebec as part of the initial commissioning and testing activities.
Rare Earth – Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) received the title as the National Winner of the 2012 Awards in New Technology for the innovation of alumina production without red mud waste.
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