Orbite secures $40M in funds for alumina plant

Nov 12, 2013 | 11:55 AM | Michael Cowden

Tags  Orbite Aluminae, Crede Capital Group, financing, Cap-Chat, Quebec, alumina, nonferrous, Michael Cowden

CHICAGO — Orbite Aluminae Inc. has secured funding to complete its high-purity alumina facility in Cap-Chat, Quebec.

The Montreal-based company, which produces alumina from aluminous clay rather than from traditional bauxite, said it had received a binding commitment....

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