Agoracom Blog

$ Silicon Challenges Traditional Producers Of #Silicon Metal With Unheard Of 85%-90% Cost Reductions To Construct Plants $FSLR $SPWR $CSIQ $ $

Posted by AGORACOM-JC at 4:42 PM on Tuesday, July 16th, 2019

HPQ Silicon (HPQ:TSXV) has thrown down the gauntlet with respect to traditional, mega producers of silicon metal with the following recent press release:

“HPQ PUREVAP™ Commercial Plant Costing Indicates Significant Capex Savings Versus Conventional Plants Producing Silicon Metal” 
In the actual press release itself, HPQ went even further with the following bold statement:

With the Gen3 phase start just around the corner, we are getting closer to the time when market participants will have no choice but to take notice that we are the only viable low Capex and Opex alternative to producing Silicon Metal.”

If that wasn’t enough, HPQ Silicon made direct reference to the two newest silicon metal plants to demonstrate massive capital cost and operating cost advantages.  Specifically:

  • PCC BakkiSilicon hf ($300 Million Plant)
  • Mississippi Silicon ($220 Million Plant) 

The gravity of these bold statements is even greater when you consider that HPQ’s world renown partners include Apollon Solar and PyroGenesis Canada, the latter of whom provided the data that led to the press release.  

When you take a break from the summer heat, grab yourself a cold beverage and watch this interview with CEO, Bernard Tourillon.  You just may thank yourself by the time winter arrives!

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