HPQ Silicon Officially Commences Commissioning Of Game Changing Pilot Plant With Brand New Process To Produce High Purity Silicon

HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing high value-added silicon products that are sought after by battery and electric vehicle manufacturers - but nobody has yet delivered - until now.

If that sounds a lot like what other small companies are saying lately, $HPQ differentiates itself as a leader of the pack thanks to the following:

• $HPQ has already Received It's First Order for Spherical Nano Silicon Material from Major Automobile Manufacturer
• $HPQ has already received signed NDAs from at least 2 battery players

Earlier today the Company took a major step forward when $HPQ announced it GEN3 PUREVAP™ Quartz Reduction Reactor Pilot Plant Commissioning Commences as Global Silicon Prices Spike in the Face of Supply Shortage

To understand the importance and the implications of this milestone, this excerpt from the press release says it all:

"The reality of chronic underinvestment in new technologies combined with the offshoring of Silicon production capacity, has created a massive opportunity for HPQ and its PUREVAP™ QRR process, as we are the only company to bring to market a new process to make Silicon that is perfectly suited to the new demands and realities of the Silicon market"

SILICON MARKET DEFICIT AT 92,000 MT, PRICES SOARING, NEW GREENFIELD DEVELOPMENTS NEEDED

The timing of the commissioning couldn't be better as silicon prices soar due to supply shortages as follows:

“High Purity Silicon (2N+) is in very high demand due to the underlying needs for Silicon as feedstock for Polysilicon (Solar and Electronics), the emerging Batteries sectors, and the more typical industrial Silicone applications, at a time when capacity is simply not available to meet demand. This is a result of several of the old energy intensive plants, mothballed during the Covid pandemic, being not economically or environmentally viable to return online. New greenfield projects will be needed to meet demand, and the PUREVAP™ QRR technology is well positioned to eventually become the industry’s option of choice."

More than just talk, CEO Tourillon stated the following in a previous press release:

"... Subsequent batches will be delivered to the awaiting automobile manufacturers plus numerous other entities that have demonstrated an interest in receiving samples."

Watch this great interview with $HPQ CEO Bernard Tourillon to get the full picture on next steps!