Orbite Aluminae Inc. (TSX:ORT,OTCQX:EORBF) announces that with the support of M&K, a North American leader in chemical process design, Orbite significantly reduced the consumption of fossil fuels by at least 30%, and of water by at least 60%. These advancements should lead to a major reduction in the number of operational units required in various aspects of the SGA plant, and provide the basis for a decrease of the estimated operating and capital costs.
As quoted in the press release:
The SGA plant Feasibility Study, which has now entered the detailed engineering and sub-system integration phase, will be modified to incorporate the final design of the SGA plant, and is now anticipated to be completed during the first half of 2013. Construction of the first phase of the first SGA plant is still anticipated to begin in 2013 with completion by late 2014.
Orbite President and CEO Richard Boudreault said:
By simplifying and optimizing the SGA plant design, we succeeded in our goal of reducing our dependence on fossil fuels while significantly improving the plant economics. This consolidates our position as one of the lowest-cost and environmentally-friendly producers of alumina and its by-products.