HPQ Silicon Inc V.HPQ

Is your pot Filled :-)

[Oden6570]

HPQ Silicon Resources Inc. (TSX-V: HPQ, Forum) is a technology company developing hydrogen-based ventures, that could be complementary to its Quart Reduction Reactor (QRR) effort.

The company was recently issued a patent from the United States Patent and Trademark Office titled “Silica to High Purity Silicon Production Process”, covers the PUREVAP QRR process, which permits a one-step transformation of quartz into high purity silicon metal.

HPQ and a high-tech company PyroGenesis Canada Inc. (TSX-V: PYR, Forum) have been working together to help produce these materials. PyroGenesis is working in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases.

HPQ PUREVAP QRR can not only produce a higher purity silicon material than traditional processes in one step, but it also does not require an “extremely” pure feedstock needed by conventional processes. The process only requires 4.5 tonnes of raw material to make one tonne of silicon, making a 25% reduction in the process. It can potentially allow a 20% cash cost advantage.

HPQ Silicon’s President and CEO, Bernard Tourillon stated that the US patent issuance on this novel new approach to making silicon, combined with the end of Q1 start of the GEN3 PUREVAP QRR pilot plant, have culminated at an opportune time for his business, as demand for high purity silicon from the battery and high-performance material companies continues to rise just as bottlenecks are now occurring in the silicon supply chain.

Investors take note: High purity silicon is in demand for battery makers and high-value applications manufacturers. It significantly reduced costs, energy input, and carbon footprint compared to traditional processes.

Buzz on the Bullboards: The Next Pot of Gold in 2022? | 2022-03-17 | Investing News | Stockhouse