Orbite Aluminae (TSX:ORT,OTCQX:EORBF) announced the development of technology to purify silica based on its hydrochloric acid leaching process.
As quoted in the press release:
This development allows the Company to purify silica to the 99.9% (3N) level and provides a conceptual base to eventually reach purities of 99.999% (5N) to 99.99999% (7N).
Orbite Aluminae President and CEO Richard Boudreault said:
This is an important breakthrough, particularly considering that silica will be a by-product of our SGA and HPA plants and could provide a higher commercial value than we had anticipated. Our PEA assumption was for low-grade silica sold at a $25 per tonne.