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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 Oden6570on Mar 19, 2022 4:17am
411 Views
Post# 34527455

Drum roll please !

Drum roll please !

Electric vehicle battery plant coming to Windsor-Essex in Ontario, sources say

CBC News has confirmed Stellantis, LG Energy Solution will build a plant in area

 
A new electric vehicle battery plant is coming to Windsor-Essex, an important auto industry hub in southwestern Ontario. (Ben Nelms/CBC)

A new plant that makes batteries for electric vehicles will be built in Windsor-Essex in southwestern Ontario, with an official announcement coming next week, CBC has confirmed. 

The plant will be built by Stellantis and LG Energy Solution, according to Bloomberg, which first reported the news on Friday. A source who later spoke to CBC confirmed the report that a plant is coming. 

 

CBC News has contacted Stellantis and LG Energy Solution for comment, but has not yet received a response.

No further details are yet available, except that more information is coming on March 23. 

Union, MP weigh in

Dave Cassidy, president of Unifor 444 — which represents Stellantis employees — said he didn't know any specifics about the coming plant.

However, he said, it would be great news for Windsor-Essex.

"It would be huge," he said. "You look at the battery plants and the number of people it employes — it would be a great, great story for Windsor-Essex County."

You look at other places, jurisdictions, that have received those types of plants, and you're looking at a multibillion-dollar investment, and you're looking at thousands of jobs.- Irek Kusmierczyk, Windsor-Tecumseh MP

Windsor-Tecumseh MP Irek Kusmierczyk said he was unable to speak specifically Friday to a Windsor-Essex battery plant.

But he also said the project would be a positive thing for the county.

"That's a generational, transformative investment," he said. "You look at other places, jurisdictions, that have received those types of plants, and you're looking at a multibillion-dollar investment, and you're looking at thousands of jobs."

Stellantis and LG Energy Solution announced plans to build a plant in October, but the location was still under review at that time.

The companies said in a joint statement that they hoped to start construction in 2022, and have the plant up and running by early 2024.

Batteries produced at the plant would supply Stellantis assembly facilities in the U.S., Canada and Mexico for use in electric vehicles, the companies said in the fall. 


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