Referenced Stocks

Orbite Builds Intellectual Property Portfolio with Two Patent Allowance Notices in Russia and China

By Midnight Trader,  September 20, 2012, 11:03:14 AM EDT

Orbite Aluminae (ORT.TO), a provider of clean technology and developer of alumina projects, today announced it recently received a notice of allowance for two patent applications in Russia and in China for its alumina extraction technology. This unique process is for extracting aluminum from aluminous ores and efficient separation of iron from aluminum resulting in the production of high-purity alumina (HPA) or smelter-grade alumina ( SGA ).

Orbite has already been issued six patents for this same technology: two in Canada, two in the United States (the most recent on August 14, 2012), and recently added two important ones in Australia (the most recent on July 26, 2012).

Shares are down 22 cents to $3.47, on volume 4.6 million.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: SGA



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