HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing the high value-added silicon products sought after by battery and electric vehicle manufacturers – but nobody has yet delivered – until now.
THIRD PARTY VALIDATION FROM LEADING GLOBAL COMPANIES
If that sounds a lot like what other small companies are saying lately, $HPQ differentiates itself as a leader of the pack thanks to the following:
● $HPQ has already Received It’s First Order for Spherical Nano Silicon Material from Major Automobile Manufacturer
● $HPQ has already received signed NDAs from at least 2 battery players
● They also were Issued U.S. Patent For PUREVAP™ Quartz Reduction Reactor Technology
SILICON PRICES SKY ROCKETING
And $HPQ timing couldn’t be better as the price for 1 metric ton of Silicon, as of the end of 2021, reached US $10,000 compared to just US $2,500 a year prior.
The timing couldn’t be better as the company’s Pilot Plant Project is about to enter its most exciting R&D phase. PyroGenesis has informed HPQ that the PUREVAP TM QRR commissioning is about 95% completed to date and that they expect the commissioning to be completed in a few weeks.
Mr. P. Peter Pascali, CEO and Chair of PyroGenesis stated:
“Labour shortages with certain suppliers were the cause of having to push back the commissioning from the end of Q1 to the start of Q2. However, with all the remaining commissioning steps to be done in-house, the testing phase should start within the coming weeks,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “Rest assured that the delays experienced to date are normal for a project of this type, and that this next milestone will complete the next step towards participating in a marketplace estimated by HPQ to be in excess of 3.8 million tonnes per year worth over US$10 Billion by 2025. We look forward to providing an update on progress within the next 3-4 weeks.”
HPQ CEO Bernard Tourillon commented:
“In the coming weeks, when the PUREVAP T M GEN3 QRR pilot plant is functional HPQ will be disrupting Silicon manufacturing, an industry that still relies on a traditional process to make silicon first developed in 1899. The start of the GEN3 PUREVAP TM QRR pilot plant could not have come at a more opportune time. Demand for high purity silicon from the battery and high-performance material companies continues to rise just as bottlenecks we had foreseen are now occurring in the silicon supply chain. With ESG principles playing an active role in materials sourcing, the world is more aware of the difficulties of securing the ESG compliant Silicon needed to meet its renewable energy goals. The reality of chronic underinvestment in new technologies combined with the offshoring of Silicon production capacity, has created a massive opportunity for HPQ and its PUREVAP TM QRR patented process. HPQ is the only company to bring to market a new process for making Silicon that is perfectly suited to the new demands and realities of the Silicon market.”
Sit back, relax and watch this powerful interview.
