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HPQ Silicon Nano Reactor Ready To Produce Samples For 3rd Party Evaluation Imminently
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
$HPQ secured U.S. Patent for Its PUREVAP™ Quartz Reduction Reactor Technology
The Company recently announced Receipt of U.S. Patent for Its PUREVAP™ Quartz Reduction Reactor Technology
To understand the importance and the implications of this milestone read below:
The US patent covers the PUREVAP™ QRR innovative process, which permits the one-step transformation of quartz (SiO 2 ) into high purity silicon metal (from 99.5% to 99.99% Si) at reduced costs, energy input, and carbon footprint. This game-changing advantage means that the PUREVAP™ QRR process not only produces a higher purity silicon material than traditional processes, but it does not require the extremely pure feedstock needed by conventional processes. In fact, the process only requires 4.5 MT of raw material to make 1 MT of Silicon, versus the 6 MT required by conventional processes, a 25% reduction which potentially allows a 20% cash cost advantage versus the lowest cost traditional Silicon producer . Furthermore, as part of our ongoing strategy of protecting and strengthening the PUREVAP™ Intellectual Property Portfolio, a second patent application, focusing on a new and novel process was filed in 2019 and is presently advancing through the process.
Today the company announced an update on the advancements of the PUREVAP TM Nano Silicon Reactor (“NSiR”) development project led by technology provider, Pyrogenesis (PYR:TSX) (PYR:Nasdaq)
HPQ CEO Bernard Tourillon commented: “For HPQ NANO, 2021 was the year of “Slow is Smooth & Smooth is Fast”. While it may have taken us longer than we had expected to get here, we are here now, ready to revolutionize nano-silicon materials manufacturing for batteries, a market that is ready to explode”…“While HPQ value proposition is derived from harnessing the potential of our silicon materials innovations, manufacturing and commercializing the silicon and nano Silicon materials needed to offer ESG compliant silicon materials to meet the demand of the up-and-coming renewable energy revolution, we could not be here without PyroGenesis and its technical team depth and experience.”
Sit back and watch this power interview with HPQ CEO Bernard Tourillon.
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