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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

Comment by Mostlyseriouson Jun 30, 2024 1:09pm
264 Views
Post# 36112669

RE:RE:RE:RE:RE:New interview - Beyond the AGM

RE:RE:RE:RE:RE:New interview - Beyond the AGM1,000 tpy commercial plant production is not expected to take place before late 2026.

50 tpy pilot plant is being put together as we speak and is expected to be completed over the next couple of months. Scaling up does not occur as fast or as easy as some make it sound here. Part of it includes the requirement to get the money to do it hence the importance of the type of interested parties that may be at the table right now and I think they would need that type of a partner.  If it takes $25 million, you can appreciate that it would be very challenging to do it through only an equity financing....granted, PYR as a 50% partner theoretically reduces that burden by 50% for HPQ but timelines may be affected as PYR is not quite plush in cash.
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