HPQ Silicon Resources Inc. (HPQ) and PyroGenesis Canada Inc. (PYR) have signed an NDA to produce silicon material.
The identity of the third company and other parties involved is confidential.
HPQ will make the dedicated samples using material produced by the PUREVAP™ Quartz Reduction Reactor pilot plant.
The plant is scheduled to start producing at the end of quarter one.
What is known is that the 4N silicon material will be tested for usage as a potential feedstock for the manufacturing of silicon nitride ceramics.
In 2018, HPQ was advised that silicon nitride was one of the specialty materials that needed 4N silicon in its manufacturing.
Silicon nitride is used in advanced high-tech materials to make components with specific requirements such as electrical insulators, resistant to wetting by non-ferrous metal melts, and able to withstand corrosive and high wear environments.
All of these properties must be maintained at high temperatures.
Silicon nitrate can also be found in wind turbines, bicycles, and high-end cars.
Bernard Tourillon, President and CEO of HPQ Silicon, commented,
“High Purity Silicon’s (4n+) potential is undeniable… we are still in the early stages and will continue to apply the methodical approach that has put us in this position, with this sample request confirming the potential for new and exciting advances by HPQ in the high purity silicon space.”
HPQ Silicon Resources Inc. (HPQ) is up 7.14 per cent trading at $0.45 per share as of 3:16 p.m. EST.
PyroGenesis Canada Inc. (PYR) is down 0.59 per cent trading at $3.39 per share as of 3:17 p.m. EST.