Orbite Announces Offtake Agreement with Glencore

Orbite Announces Offtake Agreement with Glencore 
MONTREAL, QUEBEC -- (Marketwired) -- 06/17/13 -- Orbite Aluminae Inc.
(TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Corporation") today
announced an offtake agreement with Glencore International AG
("Glencore"), a subsidiary of Glencore Xstrata plc ("Glencore
Xstrata"), for the purchase of smelter-grade alumina from the
Corporation's proposed smelter-grade alumina (SGA) plant in Quebec,
Canada.  
The Agreement provides for the purchase by Glencore of 100% of the
smelter-grade alumina, from the Corporation's first proposed SGA
plant in Quebec, Canada, for an initial term of 10 years from the
commencement of commercial production. The Agreement also foresees
that Orbite and Glencore will undertake negotiations relating to
Glencore's potential financial participation in the ownership and
operation of the Corporation's proposed SGA plant in Quebec. The
Parties have not set any timetable for the commencement or conclusion
of these negotiations. All other terms of the Agreement, including
pricing and renewal rights, are confidential for competitive reasons. 
"We are definitely pleased to be executing our first offtake
agreement with a company of Glencore's stature and experience in the
alumina industry," said Glenn Kelly, Orbite's Chief Operating
Officer.  
Glencore Xstrata is one of the world's largest global diversified
natural resource companies with pro forma revenues of $236 billion in
2012. Glencore Xstrata's industrial and marketing activities are
supported by a global network of more than 90 offices located in more
than 50 countries, with diversified operations comprised of more than
150 mining and metallurgical sites, offshore oil production assets,
farms and agricultural facilities.  
The Metals and Minerals division is focused on alumina/aluminum,
copper, nickel, zinc/lead, alloys, and iron ore, with interests in
both controlled and non-controlled industrial assets that include
mining, smelting, refining and warehousing operations. 
About Orbite 
Orbite Aluminae Inc. is a Canadian Corporation with innovative and
proprietary processes that is expected to produce alumina and other
high-value by-products, such as rare earth and rare metal oxides, at
one of the lowest costs in the industry, without generating any
wastes, using feedstocks that include aluminous clay, kaolin,
nepheline, bauxite, red mud and fly ash. Orbite is currently
operating and optimizing its first commercial high-purity alumina
(HPA) production plant in Cap-Chat, Quebec. Orbite has completed the
basic engineering for a proposed smelter-grade alumina (SGA)
production plant, which would use clay mined from its Grande-Vallee
deposit. Orbite signed an exclusive worldwide collaborative agreement
with Veolia Environmental Services for the remediation of red mud
using the Orbite processes with the intent to construct a
Veolia-operated plant. The Corporation has an intellectual property
portfolio that contains 14 IP families and owns the intellectual
property rights to nine patents and 40 pending patent applications in
10 different countries.  
For more information on the Corporation or to download our corporate
presentation please visit: www.orbitealuminae.com 
Forward-looking statements 
Certain information contained in this document may include
"forward-looking information". Without limiting the foregoing, the
information and any forward-looking information may include
statements regarding projects, costs, objectives and future returns
of the Corporation or hypotheses underlying these items. In this
document, words such as "may", "would", "could", "will", "likely",
"believe", "expect", "anticipate", "intend", "plan", "estimate" and
similar words and the negative form thereof are used to identify
forward-looking statements. Forward-looking statements should not be
read as guarantees of future performance or results, and will not
necessarily be accurate indications of whether, or the times at or by
which, such future performance will be achieved. Forward-looking
statements and information are based on information available at the
time and/or the Corporation management's good-faith beliefs with
respect to future events and are subject to known or unknown risks,
uncertainties, assumptions and other unpredictable factors, many of
which are beyond the Corporation's control. These risks uncertainties
and assumptions include, but are not limited to, those described in
the section of the Management's Discussion and Analysis (MD&A)
entitled "Risk and Uncertainties" as filed on May 15, 2013 on SEDAR,
and could cause actual events or results to differ materially from
those projected in any forward-looking statements. The Corporation
does not intend, nor does it undertake, any obligation to update or
revise any forward-looking information or statements contained in
this document to reflect subsequent information, events or
circumstances or otherwise, except as required by applicable laws.
Contacts:
ORBITE
Marc Johnson, Vice President, Corporate Development
514-744-6264, ext. 605
info@orbitealuminae.com 
TMX EQUICOM
Patrick Piette, External Investor Relations Consultant
416-815-0700, ext. 267
ppiette@tmxequicom.com 
For Media Inquiries:
TMX EQUICOM
Shaun Smith, External Media Relations Consultant
416-815-0700, ext. 252
ssmith@tmxequicom.com
 
 
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