Orbite Aluminae Inc. (TSX:ORT) announced that it has filed a preliminary short form base prospectus for the company. In doing this, Orbite Aluminae is increasing it’s financial flexibility.This filing will provide flexibility to fund its projects over the 25-month period that the prospectus is effective.
Orbite Aluminae Inc. (TSX:ORT) issued a press release to respond to its recent share price movement. The Company also gave a summary of its consolidated annual financial statements.
Orbite Aluminae Inc. (TSX:ORT) announced that as of this week, it has begun shipping the first commercial samples of alumina to customers in Europe, Asia and North America. The high-purity alumina is produced at the Company’s HPA plant in Cap-Chat, Quebec.
Orbite Aluminae Inc. (TSX:ORT) announced reaching an agreement with M&K of St.Louis to construct a scandium separation plant at its HPA plant in Cap-Chat, Quebec. Construction is ahead of schedule with commissioning expected to be completed by the end of 2012.