Evonik must love thisno wonder they signed the LOI with HPQ...
The 1,000 tpy pilot plant is inches away from production..
Then we'll see a big move by Evonik to either become a JV partner with HPQ or the 1st big chemical giant to contract to buy all of the FSR production....
Canada uses 24,000 tpy of fumed silica..
Europe uses 96,000 tpy..
America & the rest of the world ???...
We know the total market is $2 + billion per year and is
constantly increasing...
I'm predicting this market will grow bigger & faster once
there is a supply that is 99% less carbon footprint...
and is much more cost effective than today's fumed silica..
These same reductions are going to be applied to the Si metal production...which is a way bigger market than the fumed silica market....by many $ billions per year...
Like I've been predicting all along, HPQ and Pyrogenesis are going to dominate these markets....
and become big blue chip behemoths in the process....
Then we have the hydrogen fuel market...
and the battery powders market....
blue chip behemoths in the making $$$$$
uncleron is always right !..cheers