Our third priority is commodities, predominantly the production of smelter grade alumina (SGA) from the Company’s aluminous clay deposits in Québec , as well as from red mud and fly ash or other strategically located aluminum-containing ore deposits.
Quebec is the world’s fourth largest aluminum producer, with a limited domestic supply of alumina (precursor for aluminum). We have access to vast deposits of aluminous clay in the region. We can extract a host of other products, such as rare earths and rare metals from these deposits. In addition, we expect significantly reduced transportation costs for our potential customers. Therefore, we believe we are well positioned to become a low-cost producer with a competitive advantage.
Our commodities strategy is similar to that for waste monetization:
Partner with a strong global player
- a. 100% off-take agreement with Glencore for first ten years’ production. Glencore has expressed interest in deeper co-operation.
Realize commercial proof-of-concept
- a. Technical demonstration at Cap-Chat (concurrent with waste monetization)
- b. Commercial prototype
- c. Full-scale plant
Revenues from specialty products in feedstock are expected to impact plant economics significantly, allowing us to position ourselves as a low-cost producer
Once firmly demonstrated, Orbite will expand its commodities business through a combination of locally operated plant(s) and technology licensing to strategic partners.