News out todayQuebec Innovative Materials Corp. Receives Positive Feedback on Silica Samples Vancouver, British Columbia--(Newsfile Corp. - January 27, 2023) - Qubec Innovative Materials Corp. (CSE: QIMC) ("Qubec Innovative Materials" or the "Company") is pleased to announce that silica samples supplied to HPQ Silicon Inc. ("HPQ") have met the compatibility requirements for their partnership to progress as per the Memorandum of Understanding ("MOU") announced on September 14, 2022.
Under the terms of the MOU, QIMC will supply HPQ with silica materials that meet HPQ specifications and requirements for testing in HPQ's GEN3 PUREVAPTM Quartz Reduction Reactor ("QRR"). Both companies anticipate negotiating a definitive sourcing agreement once the material provided can produce a commercial-grade product. As announced on November 22, 2022, QIMC successfully launched Phase 1 of pilot plant testing at the Charlevoix Silica Project with the goal of producing high grade silica in line with HPQ's specifications. HPQ is currently testing and refining its process as they work toward planning and developing their first commercial scale plant. QIMC and HPQ continue to advance their respective projects in tandem as they work toward the sustainable development of a new green economy.
Raymond Wladichuk, CEO of QIMC, commented, "A future definitive agreement between QIMC and HPQ would be mutually beneficial for both companies' pursuit for a green economy. We would be able to dramatically reduce our carbon footprint as we benefit from a local Qubec supply chain without compromising on quality."
About HPQ Silicon Resources
HPQ Silicon Inc. (TSXV: HPQ), is a Qubec-based technology company green engineering processes of producing silica (SiO2) and silicon material (Si) developing a unique portfolio of high value-added silicon (Si) products sought after by battery and electric vehicle manufacturers, among other industries. On July 21, 2022, HPQ started trading as a Tier 1 Industrial Issuer on the TSX Venture Exchange.
Silicon (Si), also known as silicon metal, is one of today's key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution ("RER"). However, silicon does not exist in its pure state and must be extracted from quartz (SiO2) in what has historically been a capital and energy-intensive process.
HPQ is the only company bringing to market a new process for manufacturing Silicon that is perfectly suited to the new demands and realities of today's Silicon market. With ESG principles playing an active role in materials sourcing and with recent geopolitical unrest emphasizing the need for stable trade partners and supply security, global corporations are becoming more aware of the difficulties in securing the ESG-compliant Silicon needed to meet their renewable energy agenda.
The reality of chronic underinvestment in new technologies combined with the offshoring of Silicon production capacity, is creating massive opportunities for HPQ and the processes it is developing with PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR):
- the PUREVAPTM "Quartz Reduction Reactors" (QRR), an innovative process (patent granted in the United States and pending in other jurisdictions), which will permit the one-step transformation of quartz (SiO2) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential.
- Through its 100% owned subsidiary, HPQ NANO Silicon Powders Inc., the PUREVAPTM Nano Silicon Reactor (NSiR) is a new proprietary process that can use material produced by the QRR as feedstock, to make a wide range of nano/micro spherical powders and nanowires of different sizes.
- Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemicals in the making of Fumed silica and eliminating the Hydrogen Chloride Gas (HCI) associated with its manufacturing.
HPQ is also a technology development company interested in developing hydrogen-based ventures, that could be complementary to the QRR efforts. Currently, HPQ is working with Novacium developing processes for making hydrogen via hydrolysis of silicon and other materials.
For more information, please visit HPQ Silicon web site.
About Qubec Innovative Materials Corp.
Qubec Innovative Materials Corp. (CSE: QIMC) (previously Qubec Silica Resources Corp.) is a mineral exploration, and development company with a diversified portfolio of natural resource assets including high grade silica, hydrogen, and helium properties. QIMC is working toward becoming a sustainable supplier of resources which are essential in advanced batteries and the electrification of the new green economy. The Company has a 100% interest in the Charlevoix Silica Project, near Clermont, Qubec, Canada as well as its various other silica properties in Qubec.
Additional information on Qubec Innovative Materials is available at www.qimaterials.com.
Note that Patrick Levasseur (Director at HPQ Silicon and President of Beauce Gold Fields) is a Director at Quebec Innovative Materials Corp. Long and Strong in PyroGenesis and HPQ Silcon!