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PyroGenesis Inc T.PYR

Alternate Symbol(s):  PYRGF

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.


TSX:PYR - Post by User

Comment by developbcon May 14, 2023 9:29pm
264 Views
Post# 35447646

RE:HPQ Silicon Europe’s Linkedin Posts EV Battery growth

RE:HPQ Silicon Europe’s Linkedin Posts EV Battery growth

The Role of Green Silicon and Renewable Technologies in the Growth of European Gigafactories and the Battery Industry

Author: Ludmila Livertovsky

Europe has seen a surge in gigafactory investments in recent years. Companies such as Northvolt in Sweden, Tesla in Germany, Britishvolt in the UK and others are setting up massive battery factories to meet the growing demand for electric vehicles and energy storage systems. The production of these batteries requires a significant amount of raw materials, including metals like lithium, cobalt, nickel, and manganese, and minerals like graphite and silicon.

Silicon, in particular, plays a crucial role in battery technology as a key component of anodes, which are responsible for storing and releasing the energy in batteries. As the demand for lithium-ion batteries continues to grow, so does the need for silicon. In fact, some industry experts predict that silicon could soon become the most important raw material for batteries, surpassing even lithium in terms of demand.

To address this need, European companies are investing heavily in green silicon, which is produced using renewable energy sources and has a much lower carbon footprint than traditional silicon production methods. For example, the French company Eramet is investing in a new plant in Norway to produce green silicon using renewable hydropower. Similarly, Elkem ASA, another Norwegian company, is investing in new facilities to produce silicon materials for battery applications.

In addition to the companies mentioned earlier, there are also emerging players in the battery industry such as Sila Nanotechnologies Inc. and Group14 Technologies that are developing innovative materials for batteries. SILA, for instance, has developed a silicon-dominant anode material that can improve the energy density of lithium-ion batteries by up to 20%. This technology could potentially reduce the cost and increase the range of electric vehicles. Group14 Technologies is also working on a silicon-carbon composite anode material that promises to deliver higher energy density, longer battery life, and faster charging times.

The demand for silicon in the battery industry is projected to grow significantly as the world transitions to renewable energy and electric vehicles. According to a report by IDTechEx, the global #demand for #silicon for the battery industry is expected to reach 290,000 tons per year by 2030, up from just 5,000 tons in 2020. To meet this growing #demand, several companies are expanding their silicon production capacity. For instance, Elkem ASA, a Norwegian company that supplies #silicon products, is planning to invest $500 million to expand its silicon production capacity by 2026. Similarly, German chemical company WACKER is investing €1 billion in expanding its production of #polysilicon, a key raw material for solar panels and semiconductors.

The growth of gigafactories in Europe and the development of new, #innovativ battery technologies are crucial for achieving the EU's goal of becoming climate-neutral by 2050. With a focus on #sustainability and #innovation, the European battery industry has the potential to become a global leader in the transition to a green economy.

The European Union has recognized the importance of raw materials in the transition to a greener economy and has developed a strategy to secure sustainable and responsible access to these resources. The European Commission has established the European Raw Materials Alliance (ERMA) to support the development of raw materials production in Europe and reduce the EU's dependency on external sources.

Moreover, companies in Europe are investing heavily in gigafactories to meet the growing demand for batteries. For example, FAAM - Energy Saving Battery and Italvolt are building gigafactories in Italy, and Verkor is building a gigafactory in France. These companies aim to produce batteries for electric vehicles and energy storage systems, which will help reduce carbon emissions and drive the transition to a greener economy.

However, the construction of gigafactories and the production of batteries require large quantities of raw materials, including lithium and anodes. This demand for raw materials has raised concerns about their sustainability and responsible sourcing. Companies are increasingly looking for ways to ensure that the raw materials they use are sourced sustainably and responsibly.

In conclusion, the growth of gigafactories in Europe is driving the demand for raw materials, including #lithium#graphite, and #silicon . Silicon, in particular, is becoming increasingly important as a key component of battery anodes. To meet this demand and reduce the carbon footprint of the production process, European companies are investing in green silicon and other renewable technologies. This is in line with the EU's goal of achieving a climate-neutral economy by 2050 and the establishment of the European Raw Materials Alliance (ERMA) to secure access to critical raw materials.

#rawmaterials #silicon #greenenergy #battery #greenenergy #greentech #gigafactory #sustainability #greeneconomy


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