HPQ Silicon Resources (HPQ:TSXV) is a Canadian producer of Silicon that is building a line of specialty silicon products needed for electric batteries
More than just lip service, HPQ has already announced NDA's with 2 undisclosed companies in the space, has hinted at other NDA's that are so tight they could not even be announced and just recently announced HPQ Receives Request for Spherical Nano Silicon Material From Major Automobile Manufacturer; First Pre-Order Expected Soon
5 YEARS ON THE SILICON ROAD LESS TRAVELED
Over the past 5 years, HPQ has teamed up with 2 world renowned technology partners to manufacture high purity silicon cleaner, cheaper and better than anyone in the world - because you can't dig it out of the ground like other battery metals such as graphite, cobalt and nickel. Now HPQ is on the verge of sending samples of its industry leading silicon to a global auto manufacturer, NDA signatories and other potential partners as early as December.
However, despite providing shareholders with a great return during this period, HPQ's silicon strategy was still met by skepticism amongst investors who found it easier to understand traditional battery metal stories.
TESLA CHANGED EVERYTHING OVERNIGHT
This all changed on September 23rd 2020, when this headline emerged from Tesla's "Battery Day"
"Tesla To Revolutionize Use Of Silicon In Batteries: Slash Costs, Increases Range"
With the specific references to Silicon + Cheaper Cost + Longer Range, you would have thought HPQ wrote this headline themselves given the fact this is EXACTLY what they have been telling the world for the last 5 years. Now, thanks to this headline, HPQ Silicon no longer has to convince everybody that Silicon is the holy grail of batteries .... Elon Musk and Tesla have done it for them in one fell swoop.
BUT ELON MUSK NEEDED EVEN MORE
This quote from a story covering Tesla Battery Day says it all.
“Musk also added that he would tackle one of the key downsides of using silicon inside anodes by coating the silicon with elastic polymer coating and holding the silicon together with elastic binders.”
Was this the back breaking hurdle that would finally put a pin in the rising HPQ Silicon balloon? The final step that couldn't be crossed by 2 small cap technology companies from Quebec?
NOPE.
HPQ Silicon announced the following today HPQ Proprietary Nano Silicon Manufacturing Process to Incorporate First Ever One Step Capability of Carbon Coating Nano Silicon Material as it is Produced
Not only could HPQ rise to the challenge of coating its silicon with carbon .... it announced it could do it in one step! HPQ CEO Bernard Tourillon stated:
"The decision to proceed with this additional capability demonstrates HPQ NANO’s leadership in the space and reflects the infancy of Silicon anode technology development. HPQ continues to expand the attractiveness of our product line for renewable energy storage participants and electric vehicle manufacturers who continue to search for cost effective ways of increasing the Silicon contained in their batteries. Our belief that HPQ NANO PUREVAP TM N SiR will open up unique multibillion-dollar business opportunity for HPQ and PyroGenesis has never been stronger."
If you are serious about battery metals and electric vehicles entering a paradigm shifting parabolic stage in the next 5 years, then you owe it to yourself to watch this interview with CEO Bernard Tourillon.