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.

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HPQ Silicon Inc > Norsk Hydro to phase out its green hydrogen, battery busines

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Comment by MRB403on Nov 27, 2024 8:06pm

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Post# 36334801

RE:Norsk Hydro to phase out its green hydrogen, battery busines

dalesio_98 wrote: Norsk Hydro to phase out its green hydrogen, battery businesses

Elviira Luoma and Jesus Calero
Reuters

Published 4 hours ago

For Subscribers

Norsk Hydro is no longer investing in its battery and green hydrogen businesses and will phase out these operations in the coming years, the Norwegian aluminum producer said on Wednesday.

It became the latest European firm to pare back activities in clean energy sources such as green hydrogen in a difficult economic environment.

“Battery materials and green hydrogen will no longer be strategic growth areas for Hydro and no further capital will be allocated,” Hydro said in a statement ahead of its investor day.

[...]

https://www.theglobeandmail.com/business/industry-news/energy-and-resources/article-norsk-hydro-to-phase-out-its-green-hydrogen-battery-businesses/

Good luck to All!

Less competition! I love it!

Speaks to the volume around the actual technology and like Bernard said, the NA market is its focus to on-shore supply chains.

No credits needed here to be cheaper.

Plus, with Trumps new tariffs, this looks even better!

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