everything is on schedule and on budget. we might actually produce for a change. HPA Plant Construction Fjordtech Industries Inc., who was awarded the contract for the remaining piping mechanical work, commenced work during the week of July 4th, and is proceeding as planned. Installation of the piping for the plant's cooling water system was completed on schedule, and Fjordtech is now concentrating on the crystallization sector piping installation, to be followed by installation of the piping for the digestion sector. The contract for the remaining electrical and instrumentation work, awarded to Electro Kingsey who commenced work on July 11th, is also proceeding as per schedule and is being completed concurrently with the completion of the piping installation by Fjordtech. Installation of electrical and instrumentation was also completed for the cooling water system. Work will now proceed in the crystallization and digestion sectors of the plant. Both contracts are being carried out on a fixed-price basis with penalty provisions for late delivery, and stipulate an 8 week project timeline, with work continuing over the present construction holidays. The contracts respect the revised project budget. Isolation Morissette has completed the insulation work on the steam piping and the calcination system (decomposer & calciner), also under a fixed price contract. Insulation work is now 75% complete. All other construction is complete (civil and structural, major mechanical installation, decomposer and calciner installation), or materially complete (ventilation). Commissioning & Start-up As reported on June 21st, commissioning and cold start-up activities of the decomposer and calciner units were completed successfully. Additional cold testing was successfully conducted over the last few weeks. Alumina product (SGA) was successfully fluidized in both reactors, and up to 5 tonnes per day was successfully transferred from the decomposer to the calciner via the sealpot assembly system. Control and stability over the transfer of material through the seal pot was tested, and the sealing of the toric discharge device was verified. Commissioning and start-up of the cooling water system is commencing and will be completed by August 1st. Field service personnel from Outotec (decomposer and calciner) and Sandvik (calciner system heating elements) will be mobilizing on site the week of August 1st, to commence commissioning and startup of the steam superheater and the heating elements in the calciner and decomposer. Initial heating up of the decomposer and calciner is forecast for mid-August. Management commentary "Following the completion of our financing with Investissement Qubec, we were able to reaccelerate construction work at our HPA plant," stated Glenn Kelly, CEO of Orbite. "Work is progressing on schedule and on budget to meet the timeline communicated to shareholders previously, while commissioning activities continue to meet expectations. Consequently, we reiterate our expectation of commencing commercial production in Q3 of this year." Continued highlights Samples To date, 27 samples have been shipped to prospective customers, including one 50kg commercial sample. Two further commercial samples have been ordered (3 in total, to date). A further 21 samples are to be shipped to 20 additional prospective customers. AGM - Board of Directors On Jun 22th, 2016, the Company held its annual meeting of shareholders. All Directors put forward by the Company were voted in office. IP During the quarter, seven notices of allowance were received. Additionally, seven new patents were granted, for a total of 14 new intellectual property rights. The newly awarded IP covers notably the HPA production process, Red Mud Monetization, and magnesium extraction and recovery. Coverage was expanded in the U.S., Russia, Australia, Japan and Canada. Summary of Q2 2016 Financial Results Revenues and earnings The Company is a development stage company and has no revenues. Net loss for Q2 2016 decreased by $1.8 million to $1.9 million, as compared to the same period in the prior year. The decrease in net loss during the quarter is principally due to proceeds received or receivable from the insurance claim for a 2014 incident at the HPA plant, resulting in a positive change in Other Income of $1.0 million, as well as a $0.5 million reduction in general and administrative expense. HPA plant operations HPA plant operations include administration, operating and maintenance costs for the HPA plant in Cap-Chat. HPA plant operation expenses remained relatively stable at $1.1 million during the quarter ended June 30th, 2016 compared to the second quarter in 2015. Read more at https://www.stockhouse.com/news/press-releases/2016/07/28/orbite-announces-hpa-update-and-second-quarter-2016-results#COEUpiO8SuxHStlE.99