$HPQ Pilot Plant Produces Best Metallurgical Grade Silicon In The World Market, Exceeds 99.5% Purity
AGORACOM Small Cap CEO Interviews - Podcast autorstwa AGORACOM
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“... that our system can produce the best Metallurgical Grade Silicon offered in the market and better, this early in the testing program, was unexpected and is quite an accomplishment.” March 16, 2023 Silicon metal is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution. However, silicon metal does not exist in its pure state and must be extracted from quartz in what has historically been a capital, energy-intensive and environmentally harmful process. $HPQ IS THE ONLY COMPANY CREATING A NEW PROCESS FOR SILICON MANUFACTURING IN OVER 100 YEARS HPQ Silicon $HPQ.ca $HPQFF is a cutting edge Canadian producer of high value-added silicon products sought after by battery and electric vehicle manufacturers, among other industries. Specifically, with ESG principles playing an active role in materials sourcing - and with recent geopolitical unrest emphasizing the need for stable supply security - global corporations are becoming more aware of the difficulties in securing ESG-compliant Silicon to meet their renewable energy agenda. In layman’s terms, current but outdated silicon production processes are dirty, expensive and environmentally unfriendly to say the least. Any EV Manufacturer of Battery Maker can’t claim to be clean energy compliant if it sources dirty silicon. Late last year $HPQ.CA announced Its Gen3 Pilot Plant Produced Silicon … which is considered to be a major milestone by the Company THE MASSIVE OPPORTUNITY FOR THIS NEW CLEAN AND CHEAPER PROCESS TO PRODUCE SILICON - 7 NDA’S AND A 1 MILLION TON SUPPLY DEFICIT The reality of chronic underinvestment in silicon production combined with the unstoppable mission by the United States and other developed nations to onshore Silicon production capacity, is creating massive opportunities for HPQ and the processes it is developing with PyroGenesis Canada Inc. (PYR:NASDAQ) The Company’s innovative process permitting the one-step transformation of quartz into high purity silicon at reduced costs, energy input, and carbon footprint is the common denominator for at least seven (7) NDAs with EV manufacturers, battery makers and other high-value materials companies. And those NDAs are important because the Company now expects to produce and deliver samples of its ESG compliant, high purity silicon to these companies in the next few months. It’s timing couldn’t be better with silicon expected to reach a 1,000,000 ton annual supply deficit in the coming years. Today the news got even better for $HPQ.ca with the company announcing GEN3 PUREVAP™ QRR Pilot Plant Validation: Purity and Process Milestones Reached Ahead of Schedule 2 MAJOR MILESTONES REACHED Purity of Silicon material produced during first round of testing exceeds 99.5% and represents the best commercially available purity threshold QRR Successfully attained semi-continuous batch production milestones What did Mr. Bernard Tourillon, President and CEO of HPQ Silicon have to say? "While we never doubted that our GEN3 PUREVAP™ QRR would produce High Purity Silicon (> 99.5% Si) Validating the fact that our system can produce the best grade MG Si offered in the market and better, this early in the testing program was unexpected and is quite an accomplishment.” Now, sit back relax and listen to this powerful interview with CEO Bernard Tourillon