09:49 AM EST - Orbite Aluminae Inc. : and Veolia Environmental Services 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. Orbite Aluminae Inc.
shares T.ORT are trading up $0.09 at $2.66.