New Agoracom Interview on HPQ SiliconNew Agoracom interview out on HPQ Silicon:
VIDEO - HPQ Silicon Targets 2024 For First Silicon-Based Battery Material Production Valued At $6,000,000 At Today’s Prices https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion/topics/787896-video-hpq-silicon-targets-2024-for-first-silicon-based-battery-material-production-valued-at-6-000-000-at-today-s-prices/messages/2378919#message https://www.youtube.com/watch?v=GIUCOzRz7dM&t=60s Silicon metal is one of today’s key strategic materials needed for the decarbonization of the economy and the Renewable Energy Revolution.
However, silicon metal does not exist in its pure state and must be extracted from quartz in what has historically been a capital, energy-intensive and environmentally harmful process.
THE ONLY COMPANY CREATING A NEW PROCESS FOR SILICON MANUFACTURING IN OVER 100 YEARS
HPQ Silicon $HPQ.ca $HPQFF is a cutting edge Canadian producer of high value-added silicon products sought after by battery and electric vehicle manufacturers, among other industries.
$HPQ is the only company bringing a new process for manufacturing Silicon to market that is perfectly suited to the new demands and realities of today’s Silicon market.
Specifically, with ESG principles playing an active role in materials sourcing - and with recent geopolitical unrest emphasizing the need for stable supply security - global corporations are becoming more aware of the difficulties in securing ESG-compliant Silicon to meet their renewable energy agenda.
In layman’s terms, current but outdated silicon production processes are dirty, expensive and environmentally unfriendly to say the least. Any EV Manufacturer of Battery Maker can’t claim to be clean energy compliant if it sources dirty silicon.
NOW …. $HPQ IS THE ONLY COMPANY TO PRODUCE SILICON FROM A NEW PROCESS IN OVER 100 YEARS
In December 2022 $HPQ.CA announced Its Gen3 Pilot Plant Produced Silicon … which is considered to be a major milestone by the Company, which stated as follows:
This first successful process improvement test is the most significant of the program to date… During the test, quartz material was successfully converted into Silicon, a process that validates that the GEN3 can also produce Silicon material.
THE MASSIVE OPPORTUNITY FOR THIS NEW CLEAN AND CHEAPER PROCESS TO PRODUCE SILICON - 7 NDA’S AND A 1 MILLION TON SUPPLY DEFICIT
The reality of chronic underinvestment in silicon production combined with the unstoppable mission by the United States and other developed nations to onshore Silicon production capacity, is creating massive opportunities for HPQ and the processes it is developing with PyroGenesis Canada Inc. (PYR:NASDAQ)
The Company’s innovative process permitting the one-step transformation of quartz into high purity silicon at reduced costs, energy input, and carbon footprint is the common denominator for at least seven (7) NDAs with EV manufacturers, battery makers and other high-value materials companies.
And those NDAs are important because the Company now expects to produce and deliver samples of its ESG compliant, high purity silicon to these companies in the next few months.
It’s timing couldn’t be better with silicon expected to reach a 1,000,000 ton annual supply deficit in the coming years.
In order to begin the process of helping close that deficit, $HPQ.ca announced that they are in Early-Stage Planning for a Silicon-Based Battery Material Production Line in North America in 2024 targeting 200 tonnes per year and $US 6,000,000 in sales using the current price of $US 30/Kg … with the intention of building up its North American capacity more than 10X that amount to 2,500 tonnes per year of High Purity Silicon produced by its Gen4 PUREVAP Quartz Reduction Reactor (QRR) as feedstock for a battery material production line, among other applications.
What did Bernard Tourillon, President and CEO of HPQ Silicon have to say?
"We are very happy to inform shareholders of this alongside our GEN3 QRR pilot plant program. HPQ’s battery initiative is taking shape …. As we gain traction producing and selling our silicon battery materials, we will also be strengthening the values of our QRR projects. We anticipate that using the Silicon produced with the Gen4 PUREVAPTM QRR should result in a reduction of production cost by 50% to 75%.”
Now, sit back relax and watch this powerful interview with CEO Bernard Tourillon
Long and Strong in HPQ Silicon and PyroGenesis!