• COMMISSIONING OF SYSTEM ADVANCING, START OF REACTOR OPERATIONS SCHEDULE FOR Q1 2022
ONE STEP CLOSER TO VALIDATING PUREVAPTM QRR GAME CHANGING ADVANTAGES
The PUREVAPTM QRR is an innovative process, which permits the one-step transformation of quartz (SiO2) into high purity silicon metal (from 99.5% to 99.99% Si) at reduced costs, energy input, and
Si MARKET IN DEFICIT, PRICES SOARING, NEW GREENFIELD DEVELOPMENTS NEEDED2
Recent market events are focussing attention on the fact that Silicon (Si), also known as silicon metal, is one of today’s key strategic energy metals needed to meet the goal of decarbonizing the economy by 2050. High Purity Silicon (2N+) is in very high demand due to the underlying needs for Silicon as feedstock for Polysilicon (Solar and Electronics), the emerging Batteries sectors, and the more typical industrial Silicone applications, at a time when capacity is simply not available to meet demand.
https://www.globenewswire.com/NewsRoom/AttachmentNg/48484693-f083-47dd-93df-6b1c53e45e91
Figure 1) Silicon Metal pricing trends pre-Covid and now in the US and
PUREVAPTM QRR expected operating cost, that will be validated during the Gen3 pilot plant program.
“HPQ has been at the forefront of Low-Cost Green Silicon innovation developments since 2015, and the up and coming start of the GEN3 PUREVAPTM QRR pilot plant, could not be occurring at a more opportune time, as demand continues to rise and 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 difficulty 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 PUREVAPTM QRR patented process, as we are the only company to bring to market a new process to make Silicon that is perfectly suited to the new demands and realities of the Silicon market,” said Mr.
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About
About
Silicon (Si), also known as silicon metal, is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution (“RER”). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
With
- the PUREVAPTM “Quartz Reduction Reactors” (QRR), an innovative process (patent pending), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and
carbon footprint that will propagate its considerable renewable energy potential. - Through its 100% owned subsidiary,
HPQ NANO Silicon Powders Inc. , the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use material produced by the QRR as feedstock, to make a wide range of nano/micro spherical powders of different sizes and nanowires. - Through its second 100% owned subsidiary,
HPQ Silica POLVERE Inc. , HPQ is developing a new plasma-based process that will allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemical in the making of Fumed silica and eliminating theHydrogen Chloride Gas (HCI) associated with its manufacturing.
HPQ is also a technology development company interested in developing hydrogen-based ventures, that could be complementary to the QRR efforts. Currently, HPQ is evaluating two different approaches to reach this goal, those being:
- Working with Swiss based company EBH2 Systems SAS as it pertains to their proprietary process to manufacture Green Hydrogen via electrolysis, and
- Developing our own processes of making hydrogen via hydrolysis of nanosilicon materials made by our PUREVAPTM (NSiR).
For more information, please visit HPQ Silicon web site.
Disclaimers:
The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.
This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's ongoing filings with the security’s regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
Neither the
This News Release is available on the company's CEO
Source:
For further information contact:
Email: Info@hpqsilicon.com
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1 HPQ Silicon
2 www.reuters.com/business/energy/solar-industry-demand-raises-temperature-silicon-market-2021-09-21/
Silicon Pricing trends
Silicon Metal pricing trends pre-Covid and now in the US and Europe
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