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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

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Post by dns236on Apr 19, 2018 8:22am
230 Views
Post# 27909493

Significant Commercial Scale Up Milestones From Gen2 PUREVAP

Significant Commercial Scale Up Milestones From Gen2 PUREVAP
MONTREAL, April 19, 2018 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(UGE.F)(OTC PINK:URAGF) is pleased to inform shareholders that PyroGenesis Canada Inc (“PyroGenesis”) (TSX Venture:PYR) has confirmed that process improvements and design modifications are generating results that exceed expectations at this stage of development. Work continues in the Gen2 PUREVAP™ Commercial Scalability Proof of Concept Test Work. The results are summarized in a recently received progress report.
 
GREATLY INCREASED YIELD AND PRODUCTION YIELD:
 
Significantly increasing the Yield1 and the Production Yield2 of the Gen2 PUREVAP™ through ongoing process improvements and design modifications are positive indicators of the commercial scalability of the PUREVAPTM process. The results reported by Pyrogenesis surpass the theoretical Production Yield referred to previously and result from continuous process improvements by the Pyrogenesis team.
 
Gen2 PUREVAP™ test #14 attained the following results:
 
Total mass of Si produced (yield) was 101.45 gr; 11.5 times greater than Gen1 best result of 8.8 gr (test #32) and 3.6 times greater than the 28.1 gr of Gen2 test # 007;
 
Production Yield reached 34.3%, a staggering accomplishment considering the Gen2 PUREVAP™ reactor physical limitations. This result is the highest to date and it’s 2.5 times (+156%) greater than our previous record: Gen2 test # 007 Production Yield of 13.4%.
 
These results are opening the way for further process improvements; design modifications and additional tests in order to further increase both the Yield and Production Yield of Si produced.
Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “These results confirm that our data driven, empirical and methodical approach is yielding phenomenal results. With every milestone reached, we are de-risking our project. Gen 1 testing proved that the PUREVAP™ QRR could convert quartz into Si while simultaneously increasing its purity and highlighted the key relationship between production yield and purity. Our ongoing Gen2 PUREVAP™ program has pushed the project from the lab to a semi-industrial scale. Results are validating the Commercial Scalability of the process while yielding crucial technical information that is allowing us to run ongoing concurrent development programs with a goal of decreasing the timeline to commercial deployment of the PUREVAP™ QRR process. Our objective for 2018 continues to be building on our technical successes as we get ready to commence the Gen3 PUREVAP™ Pilot Plant phase with our “Solar Silicon Team” of Pyrogenesis and Apollon Solar, as well as, building market awareness of our progress and plans.”
 
“The results we have achieved recently with the GEN2 PUREVAP™ give us increased confidence and assurance that at pilot scale, we will be able to reach significant higher production yields of high purity silicon metal that we are targeting,” said Mr. Pierre Carabin, Chief Technology Officer of PyroGenesis. “We are extremely pleased with the GEN2 PUREVAP™ progress results so far, and expect further improvements in the near term.”
 
Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.
 
This Press Release Is Available On The Company's CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.   
 
https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion
 
About HPQ Silicon
 
HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.
 
HPQ goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAPTM “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit production of the highest efficiency SoG Si.  The pilot plant equipment that will validate the commercial potential of the process is on schedule for 2018.
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