The Only Specialized Global Intellectual Property News Agency
A Member of Talal Abu-Ghazaleh Global

banner

Orbite Receives Notice of Allowance for Red Mud Monetization Patent in Australia

01-Dec-2015 | Source : AG-IP News | Visits : 4951
MONTREAL, QUEBEC - Orbite Technologies Inc. today announced in a press release that the Company has received notification from IP Australia, the Australian Government agency that administers intellectual property (IP) rights, that its patent application No. 2013202318 titled "Processes for Treating Red Mud" has been found allowable.
Consequently, the Company anticipates patent issuance within IP Australia's usual timeframe of 3-4 months.

"This allowance expands our intellectual property portfolio into a key market with a large alumina industry, and hence substantial red mud liabilities," statedGlenn Kelly, CEO of Orbite. "Having our processes also protected in Australia under patent law, is a key element in our global waste monetization strategy, and puts us in a strong position to deepen our engagement with potential partners for the commercialization of this unique technology.
Furthermore, this notice of allowance bodes well for our Fly Ash Monetization Patent application in Australia, as the underlying technology platforms are very similar and the examination process is also proceeding well."

Orbite Technologies Inc. (formerly Orbite Aluminae Inc.) is a Canadian cleantech company whose innovative and proprietary processes are expected to produce alumina and other high-value products, such as rare earth and rare metal oxides, at one of the lowest costs in the industry, and in a sustainable fashion, using feedstocks that include aluminous clay, kaolin, nepheline, bauxite, red mud, fly ash as well as serpentine residues from chrysotile processing sites. 
 
share



Related Articles