If people believe that the future is electric vehicle and electrification in renewable energy storage, HPQ Silicon is one of those rare vehicle—a true player in this area—specifically with regard to one material that is starting to get more and more attention which is called silicon. We are uniquely positioned where as the market is demanding our product, we are coming on line with it. That’s really what makes it very exciting.
And where the interest is really going to be explosive over the next few years is going to be silicon in batteries, as all battery manufacturers or EV manufacturers are looking to replace graphite with silicon to decrease the cost of the mileage per electric car and to increase the capacity of the battery. That’s what we are really focused on, that type of silicon and nano silicon.
We basically decided to create a subsidiary that can be 100% focused to that cause – nano which is sort of a partnership between PyroGenesis and HPQ to develop and to market those products. Because we think that the market for nano-sized silicon is going to be tremendous especially when not long ago on Tesla Battery Day, Elon Musk was talking about strategy, basically taking metallurgy grade silicon metal—which is basically the lowest quality of silicon not the electronic grade silicon which is cheaper to do—and then figuring a way of encapsulating it and putting into battery. So that is one of the markets we are looking at developing because we know that battery manufacturers are looking for certain specificity size of silicon which is not that easy to do at the big scale. But PyroGenesis invented plasma optimization that was even before 3D printing came to life. And based on their 20 years of experience, we are going to be revolutionizing the manufactures of nano silicon under high scale, in commercial scales.
One of the biggest trends we are seeing is that basically EV, electric vehicle material suppliers are going to be in high demand. And as opposed to many of my competitors feel, although we originally came out of the resource sector, we decided to focus ourselves just on the process as opposed to the demand. So what we are seeing, there is going to be a high demand for the type of product we are doing and we have a five-to-six year lead time advantage, and since the beginning our philosophy has always been to look at commercial scalability. There is a lot of R&D made on this where a lot of different types of products are being developed at a large scale, but there is always a big gap with laboratory to commercial scalability. PyroGenesis does not get involved into projects unless they foresee a way to go to commercial scalability from the beginning, and they have a massive track record of doing that in different fields. And the silicon one that we are developing together is an exciting one where demand is going to go through the roof. I think it’s anticipated that probably within the next few years we are going to go from worldwide demands for nano parts of silicon which may be in the few tons per year now to a hundred-thousand tons. It’s a massive market, massive expansion proposition. We have been working at this for five to six years. We are not the new player; we are actually one of the old players into this situation. We are building our expertise, and we are building on Pyro’s 20 years of experience into nano powder, basically into powders, metal powders.
We are basically developing a brand new process that is going to be able to furnish a sized material on the nano size all the way up to a micron that the battery and the energy manufacturers are looking for. And that we are going to be, starting in December, we will be in a position to start delivering samples to the battery manufacturers, EV manufacturers, and basically all other participants interested in those products.
Right now, starting December, we are going to be in a position where we can produce samples. We have already planned out to scale it up by the middle of next year to go from doing something like 30 kg per month to a capacity of 300 kg per month, which is going to make us one of the biggest suppliers of nano powders in the world. And then we are looking at scaling it up even to bigger commercial scale as we anticipate demand is going to be over the roof.
Much more at:
https://wallstreetanalyzer.com/2020/10/19/hpq-silicon-resources-inc-tsx-v-hpqotc-uragf-bernard-tourillon-chairman-president-and-ceo/ https://wallstreetanalyzer.com/2020/10/19/hpq-silicon-resources-inc-tsx-v-hpqotc-uragf-bernard-tourillon-chairman-president-and-ceo/