Value Microcaps Junior Miners

[value1008]

ORT.to / EORBF -- Huge news.... Veolia is obviously a gigantic player. ORT's reputation will become "heroic" in the greentech world through this..... If the market doesn't respond to this, it's simply crazy.

Thanks to Glenn_a over at Silicon Investor for spotting this.


News!
Orbite Aluminae Inc. and Veolia Environmental Services create Partnership to Recycle and Remediate Red Mud Generated by Alumina Production

PARIS, FRANCE and MONTREAL, QUEBEC--(Marketwire - Feb 4, 2013) - Orbite Aluminae Inc. ( ORT.TO)( EORBF)

Orbite Aluminae Inc. ("Orbite") and Veolia Environmental Services ("Veolia") signed an exclusive worldwide collaborative agreement for the treatment and recycling of red mud generated by industrial alumina production using the Bayer process. The terms of the partnership include the construction of the first plant to treat red mud using Orbite''s patented process.

Red mud is a caustic waste that is difficult to treat because existing purification processes are complicated, costly, and ineffective. Red mud often remains stored in situ, which increases the risk of accidental spills. To meet this environmental and complex challenge facing the aluminum industry, Orbite and Veolia Environmental Services endeavour to bring the solution to treat the red mud stockpiled around the world in an economically and socially sustainable manner. The Orbite process is the only proven and commercially viable eco-friendly technology for treating Bayer process tailings; it recovers their entire commercial value and can extend the lifespan of Bayer plants.

Orbite is a Canadian company whose unique green technologies are setting new standards for the aluminum industry. These technologies allow for the extraction of smelter-grade alumina and high-purity alumina, as well as other products such as rare earths and rare metals, from various feedstocks including aluminous clay and bauxite, all without producing red mud.

Veolia Environmental Services is the only worldwide integrated operator covering the entire value chain of waste management (collection, sanitation, treatment and recovery).

"Demand for alumina continues to grow on a global scale," commented Mr. Richard Boudreault, President and CEO of Orbite, "and worldwide stocks of untreated red mud are estimated at nearly three billion tonnes. By partnering together, Orbite and Veolia become the global leader in the treatment and recycling of red mud, which is one of the main environmental challenges for the aluminum industry."

"Our unmatched presence in the waste value chain serves a long-term vision that drives us to build sustainable partnerships such as the one drawn up with Orbite. They are the key to best mining practice and guaranteeing supply that Veolia Environmental Services can bring to meet rising industry demand which is a major environmental challenge" said Pascal Decary, Senior Executive Vice-President of Veolia Environmental Services.

About Orbite Aluminae

Orbite Aluminae Inc. is a Canadian company whose unique green technologies allow the extraction of alumina and other high-value products, such as rare earths and rare metals, from various sources, such as aluminous clay, kaolin, nepheline, and bauxite, all without generating the caustic waste associated with the Bayer process commonly known as "red mud." These technologies also permit the remediation and reclamation of industrial waste, including fly ash from coal combustion and red mud. Orbite is currently commissioning its commercial high-purity alumina production plant in Cap-Chat, Quebec. The Company also holds fourteen families of intellectual property rights worldwide for its unique alumina extraction process. www.orbitealuminae.com

About Veolia Environmental Services

Veolia Environmental Services is the global benchmark for waste management and resource recovery, and the only operator across all segments of the waste management business (solid, liquid, non-hazardous and hazardous waste). The company contributes to a better environment by providing its municipal and industrial clients with innovative, efficient waste management services that span waste collection, pipe system management, and waste treatment, recovery and recycling solutions. Veolia Environmental Services generated 2011 revenue of 9.7 billion euros. www.veolia-environmentalservices.com

~~~~~~~~~~~~~~~~~~~~

Who is Veolia Environmental Services?

http://www.veoliaes.com/content/veolia/en/about-us/company-profile.html


Dedicated to Protecting People and Improving the Environment

The most important issue the world community faces today is sustaining our growth and development in an environmentally responsible manner. Veolia is a worldwide leader in environmental services. We are a company committed to developing solutions that accommodate continuing growth through research, innovation and a firm commitment to deliver value-added services that protect people and improve the environment.

Veolia is the Largest Environmental Solutions Company in the World

Our parent company is Veolia Environnement (NYSE:VE), the market leader for environmental services worldwide. Based in Paris, France, Veolia is a publicly-owned company with over 150 years of experience delivering sustainable environmental solutions in three complementary areas – water solutions, waste services and energy management. In addition, Veolia:


Has operations in 77 countries with 317,000 dedicated employees
Is a Fortune Global 150 company with over $38 billion in revenues in 2011

Is the 33rd largest corporate employer worldwide

Veolia Environmental Services Worldwide

Veolia Environmental Services is one of the largest waste services companies in the world and the only global manager of liquid, solid, non-hazardous and hazardous waste; on-site waste processing; industrial cleaning and process maintenance; and recycling, recovery and disposal for both the public and private sectors.


Veolia Environmental Services North America

Veolia Environmental Services North America (VESNA) helps customers in the industrial, commercial and governmental sectors safely manage waste, ensure compliance and maintain efficient operating processes. The company’s national service offering includes turn-key industrial cleaning and maintenance, and the treatment, recycling and disposal of hazardous and regulated wastes.


Headquartered in Chicago, Illinois, VESNA reported annual revenues of $1.8 billion in 2011, and has approximately 5,400 employees across the United States, Puerto Rico and parts of Canada (British Columbia and Ontario).

The company’s mission is to deliver value-added services that protect people and improve the environment. It does so through its best-in-class team, unmatched knowledge and experience, and industry-leading technologies and services. Customers trust in Veolia’s long-standing safety performance and compliance ratings, including our multiple VPP-certified operations and ISO certifications.