Last deal

$4.5M

Amount

Grant

Stage

17.02.2015

Date

3

all rounds

$32.7M

Total amount

General

About Company
Orbite Technologies Inc. is a Canadian clean technology based mineral-processing and resource development company.

Industry

Sector :

Subsector :

Also Known As

Orbite Aluminae

founded date

01.01.1983

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company aims to revolutionize the minerals processing industry by utilizing their innovative and proprietary processes to produce alumina and other high-value products, such as rare earth and rare metal oxides, at significantly lower costs compared to competitors. Their sustainable approach involves using various feedstocks, including aluminous clay, kaolin, nepheline, bauxite, red mud, fly ash, and serpentine residues. Orbite is currently finalizing their first commercial high-purity alumina (HPA) production plant and has completed the basic engineering for a proposed smelter-grade alumina (SGA) production plant. With a strong intellectual property portfolio and a cutting-edge technology development center, Orbite aims to become a key player in the industry by addressing inefficiencies, supply issues, and environmental liabilities.
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