Business
Orbite Receives Canadian Fly Ash Patent and Allowance for Russian Red Mud Patent
Orbite Receives Canadian Fly Ash Patent and Allowance for Russian Red Mud Patent.
About this update from Orbite Technologies Inc
[{"type":"text","content":"\n\n\n\n\nMarketwire\n\n\n\n\nOrbite Receives Canadian Fly Ash Patent and Allowance for Russian Red Mud Patent\n\n\nAlso Obtains U.S Allowance and Australian Issuance for Separation of Various Metals, including Titanium\n\n\n\n\n\n\n MONTRÉAL, QUÉBEC--(Marketwired - Jan. 14, 2016) - Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) (\"Orbite\" or the \"Company\") today announced that it has been advised by the Federal Service for Intellectual Property (ROSPATENT) that its Russian patent application No. 2014131946 pertaining to its red mud monetization technology and titled \"Processes for Treating Red Mud\", has been deemed allowable. Further to its September 28, 2015 press release, patent No. 2,862,307 titled \"Processes for Treating Fly Ash\" has been granted by the Canadian Intellectual Property Office (\"CIPO\") and received by the Company.\n Additionally, the United States Patent and Trademark Office (\"USPTO\") recently advised the Company that its patent application No. 14/413,940 titled \"Processes for Preparing Titanium Oxide and Various Other Products\" has been found allowable. Furthermore, Australian patent No. 2012231686 titled \"Processes for Recovering Rare Earth Elements from Aluminum-bearing Materials\" was recently issued by IP Australia. \n The ROSPATENT allowance covers the Company's process for the treatment of red mud and provides protection in a region with one of the world's largest alumina industries, and hence red mud stockpiles. This allowance is in addition to red mud related patents already granted in the U.S. and Canada, allowed in Australia, and with applications pending, and expected to be granted, in other areas such as Asia, Europe and Latin America.\n The Canadian patent covers the selective extraction and recovery of valuable elements from fly ash, the residue from coal combustion, using Orbite's chloride-based technology. As opposed to other extraction technologies, Orbite's process has the potential to recover all valuable constituents of a feedstock, including gold, scandium, gallium, rare earths and rare metals, alumina, magnesium oxide and titanium dioxide. As indicated in the January 12, 2016 press release, fly ash can contain on average up to 7.5 grams of gold per tonne.\n The USPTO patent allowance covers the leaching of an aluminum or titanium-bearing material with hydroc...