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HPQ Silicon Inc V.HPQ

Alternate Symbol(s):  HPQFF

HPQ Silicon Inc. (HPQ) is a Canada-based technology company specializing in green engineering of silica and silicon-based materials. The Company is engaged in developing, with the support of technology partners PyroGenesis Canada Inc. (PyroGenesis) and Novacium SAS, new green processes to make the critical materials needed to reach net zero emissions. Its activities are centered around the three pillars: becoming a green low-cost (Capex and Opex) manufacturer of Fumed Silica using the Fumed Silica Reactor, a proprietary technology owned by HPQ being developed for HPQ by PyroGenesis; becoming a producer of silicon-based anode materials for battery applications with the assistance of Novacium SAS, and Novacium SAS is engaged in developing a low carbon, chemical base on demand and high-pressure autonomous hydrogen production system. The Company operates in a single operating segment, segment, being the sector of the transformation of quartz into silicon materials and derivative products.


TSXV:HPQ - Post by User

Post by silverbed79on Nov 11, 2022 3:22pm
239 Views
Post# 35092337

Deep Sea Mineral mining

Deep Sea Mineral mining

LONG READ but INTERESTING READ

Mapped: The Mineral-Rich Clarion-Clipperton Zone

Sep 9th 2021 | Batteries, Emissions, Materials, Mining

by Michelle Heath and Aaron Foyer

Mining Series:

The Minerals Market  |  Metals for the Energy Transition  |  Mining Emissions  |  Deep-Sea Mining

Posts

The World Bank estimates that over 3 billion tons of minerals and metals are needed to develop the wind, solar, geothermal power and energy storage required to keep climate change in check and maintain a temperature change of less than 2 degrees Centigrade (2OC).  This enormous demand will result in a major strain on the mineral resources currently being extracted from our planet. The Clarion-Clipperton Zone may help.

The ocean floor is rich in minerals, polymetallic suphides, cobalt-rich ferromanganese crusts and huge deposits of polymetallic nodules, containing manganese (Mn), nickel (Ni), cobalt (Co), copper (Cu) and other rare earths.  

Location of seabed minerals

Deep sea mining for polymetallic nodules has not yet started anywhere in the world but the International Seabed Authority (ISA), charged with regulating human activities on the deep-sea floor in international waters, has issued 30 contracts for mineral exploration.

Currently 16 international companies have contracts situated in the Pacific Ocean Clarion-Clipperton fracture zone (CCZ) and two companies have contracts in the Indian Ocean and Western Pacific Ocean.

The ISA estimates that there are more than 21 billion tons (Bt) of nodules within the Clarion-Clipperton Zone, containing about 5.95 Bt of manganese, 0.27 Bt of nickel, 0.23 Bt of copper and 0.05 Bt of cobalt.

Metal Content of Manganese Nodule Occurrences

Polymetallic nodules are composed of almost 100% usable mineral compared to increasingly low yields from land-mined ores.

In a recent life cycle sustainability study (Paulikas, et al), it was concluded that using nodules to extract metals for batteries versus using land-mined ores can reduce COemissions by 80% (Ni), 76% (Cu), 29% (Co) and 22% (Mn).  The results suggest that making 1 billion electric vehicle batteries from nodules could reduce atmospheric CO2 by 11.5 Gt.

Sourcing metals from oceanic nodules for technologies like batteries will not likely replace terrestrial mining for nickel, cobalt, manganese and copper but it could reduce mining in virgin areas and depress mining of low grade ores, which tend to have the highest social and environmental impacts (Paulikas, et al).

The full scope of socio-economic impacts of nodule mining has yet to be determined.  The existing technology used to mine nodules is currently proprietary or needing to be developed making it difficult to predict the possible impact of the plumes formed by nodule mining on sedimentation, seafloor habitats and biota, mid-water or surface ecosystems.   

Abbreviations:

Mt CO2 – megatonnes of carbon dioxide; 1 million tonnes of CO2

NOAA – National Oceanic and Atmospheric Administration

REEs – rare earth elements

Light REEs – lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium and scandium

Heavy Ree – terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium and yttrium

Sources:

https://documents1.worldbank.org/curated/en/207371500386458722/pdf/117581-WP-P159838-PUBLIC-ClimateSmartMiningJuly.pdf

https://www.worldbank.org/en/topic/extractiveindustries/brief/climate-smart-mining-minerals-for-climate-action

https://documents.worldbank.org/en/publication/documents-reports/documentdetail/207371500386458722/the-growing-role-of-minerals-and-metals-for-a-low-carbon-future

https://www.uts.edu.au/sites/default/files/2019-04/ISFEarthworks_Responsible%20minerals%20sourcing%20for%20renewable%20energy_Report.pdf

https://www.theguardian.com/world/2021/jun/23/minings-new-frontier-pacific-nations-caught-in-the-rush-for-deep-sea-riches

https://www.nature.com/articles/d41586-019-02242-y

https://mineralsindepth.org/?gclid=EAIaIQobChMI_Ob3tq3j8QIVCB6tBh0VVQzZEAAYASAAEgLnJ_D_BwE

https://miningwatch.ca/sites/default/files/nodule_mining_in_the_pacific_ocean.pdf


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