Silicon is considered a holy grail element in the longevity of electric vehicle batteries.
As such, the demand for silicon is projected to surpass 3.8 million tonnes, valued between US$15 billion and US$20 billion, by 2025.
By 2030 Silicon-based anode material demand estimated to be worth about US$ 15 billion will need 3N+ Silicon as feedstock.
The bad news is that silicon metal manufacturing is currently the largest emitter of CO2 Among Metals And Non-Ferrous Metals on a per ton basis.
This is due to the fact that conventional silicon manufacturing processes are both expensive and energy intensive. The process, invented in 1899, is still utilized today, making Silicon production the largest CO2 emitter among all metals and non-ferrous metals.
HPQ SILICON – ZERO EMISSIONS HIGH PURITY SILICON PRODUCTION
The HPQ Silicon PUREVAP Quartz Reduction Reactor (QRR) technology is a revolutionary, compact, modular process that produces silicon cheaper & with zero CO2 emissions.
More than just talk, the company today announced the Validation of All Critical Milestones in HPQ PUREVAP™ Gen3 QRR Testing, including its first pour of silicon.
READY FOR COMMERCIALIZATION
What did Bernard Tourillon, President & CEO of HPQ Silicon have to say?
“The completion of the pour marks a significant milestone in the Gen3 QRR testing program … Our HPQ PUREVAP QRR process is advancing toward the modernization of high-purity Silicon production, particularly in line with HPQ’s vertical integration plans for manufacturing silicon-based anode materials for the battery industry.”
To this end, Tourillon further hinted HPQ is closer to commercialization than people think
“Our technology has the potential to transform a century-old industrial process notorious for its high CO2 emissions. We aim to create an efficient, scalable, and low-carbon manufacturing process tailored to meet the future demands of the battery industry,” Mr. Tourillon noted.
This is further supported by the quote from technology partner Pyrogenesis, where CEO Peter Pascali stayed:
“This silicon pour is the crowning achievement in the development of this QRR pilot plant; from conception to commercialization. We are proud of our team of scientists and engineers who, during this long process, met and overcame all challenges and delays. We are, of course, also very happy for our client, HPQ Silicon, as they now have final proof that this game-changing approach to the creation of high-purity silicon is ready for commercialization.”
THE MARKET FOR SILICON-BASED MATERIALS FOR LITHIUM BATTERIES
- US$1.1 billion – US$2.7 Billion market this year
- Potential demand of 300,000 tons by 2030, estimated at US$15 billion
- US$ 131.6 billion market by 2033
Sit back, relax and watch this powerful interview with Bernard Tourillon, Chairman, President, and CEO of HPQ Silicon Inc.
Tags: #Smallcap, High purity silicon