HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ)
(OTCQX: HPQFF) (FRA: O08), a technology company
specializing in green engineering processes for silica and silicon
material production, announces the successful validation of a
crucial milestone that demonstrates the capabilities of our
proprietary technology, the PUREVAPTM Quartz Reduction Reactor
(QRR) process. Our accomplishment is that we have produced Silicon
with a purity exceeding 3N+ in a single step.
This validation follows a thorough review of test #5 results
from the ongoing GEN3 pilot plant program conducted by technology
provider PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR)
(FRA: 8PY) (Pyrogenesis).
The results are also highly promising because they confirm the
capability of the QRR process to reduce the cash cost of silicon
metal manufacturing through a single-step process and by decreasing
the feedstock requirement.
“These advancements mark a milestone for HPQ Silicon and
highlight the effectiveness of the PUREVAPTM QRR process in
modernizing the production of high-purity Silicon while
concurrently driving down production costs," said Bernard
Tourillon, President & CEO of HPQ Silicon. "HPQ, with partner
Pyrogenesis, is continually advancing its new QRR technology. These
recent results demonstrate more positive progress in the efforts to
create a new, low-cost process to manufacture of high purity
Silicon. The existing processes have remained largely unchanged for
the past century."
PRODUCED 3N+ PURITY SILICON OR
Pyrogenesis thoroughly assessed the Silicon
material generated during tests #4 and #5 in the series. The
samples were analyzed using ICP-MS Silicon Bulk Sample Analysis at
Air Liquide Electronics (Balazs NanoAnalysis).
In test #4, the results revealed an average
silicon purity (%) surpassing 99.8%. This achievement signifies a
noteworthy enhancement compared to the previous best results of
99.6% Si, as announced on March 16th.
However, it is the outcome of test #5 that is
During test #5, we achieved an average silicon purity (%) of
99.92% across two separate tests. This outcome validates the
capability of the QRR process to surpass the minimum purity
requirement of 3N, specifically for battery-grade silicon.
The achievement moves forward HPQ in its goal of producing
high-purity silicon for battery and other high-value applications
with the QRR.
QRR PROCESS: UNLOCKING A REDUCTION IN CASH COSTS FOR
Conventionally, the production yield of metallurgical grade
silicon (1-2N purity) ranges from 80 to 90% . However, when
traditional plants implement optimized processes to produce higher
purity silicon (2-3N), production yields are reduced to between 50
and 60% .
Our innovative PUREVAPTM QRR reactor, with its unique enclosed
design, has the potential to achieve a conversion efficiency
exceeding 75% while consistently maintaining a high purity level of
3N+ and more.
This would enable us to produce one unit of silicon using fewer
units of feedstock, potentially resulting in a greater than 25%
reduction in feedstock usage . If successful, this could provide
HPQ with an additional cost advantage compared to traditional
As part of our program's objective to optimize feedstock
utilization in the QRR process, we are delighted to report that
test #5 demonstrated this progress. The conversion efficiency of
the process reached 20%, a four-fold improvement compared to tests
#1 through #4.
“Results to date demonstrate that we are
steadily progressing towards attaining a conversion efficiency of
75%, which will represent a leap forward in high-purity silicon
manufacturing, providing HPQ with economic advantages and process
efficiency within the silicon industry,” added Mr. Tourillon. “We
take great pride in the efforts of the team at PyroGenesis and our
role in this exceptional opportunity and its potential for
FILING OF NEW QRR PROCESS PATENT AND
SHARES FOR DEBT SETTLEMENT
HPQ Silicon is pleased to announce that it has
entered into an agreement to acquire all rights held by the
inventors of a new PUREVAPTM QRR provisional patent application
related to improvement of the Purity of the Silicon material
produce by the QRR by one (1) N. Practically this invention will
allow us to increase the purity of our Silicon from the 99.92%
already achieved to 99.992%
This contract stems from negotiations between
the parties and the debt results from the French legislation
stipulating that inventors of a patent are entitled to receive
remuneration for their work. That consideration was payable by the
patent owner and became a debt affecting the patent.
HPQ, to become the owner and acquire all the
rights in a clear patent, negotiated the payment of the debt and
agreed with the inventors that the debt in the amount of $ 88,560
will be settled by means of the issuance by the company of 432,000
Units. The payment shall be made, in two stages, being 144,000
Units to each of the three inventors.
Each Unit will consist of one (1) common share
of the Company and one (1) warrant to purchase one (1) additional
common share of the Company at an exercise price of $ 0.27 for a
period of two (2) years after the closing date of the transaction.
The first issue of 72,000 units to each of the inventors will be
made on the date the Company receives TSX Venture Exchange
approval. The second issue of 72,000 Units will be made to each of
the inventors at the time of the international filing of the
patent. This transaction is subject to TSX Venture Exchange and
 B. Ceccaroli, O. Lohne; Solar Grade Silicon Feedstock;
Handbook of Photovoltaic Science and Engineering; J. Whiley
 Andersen, V., Solheim, I., Gaertner, H., Sægrov-Sorte, B.,
Einarsrud, K. E., & Tranell, G. (2023). Pilot-Scale Test of
Flue Gas Recirculation for The Silicon Process. Journal of
Sustainable Metallurgy, 9(1), 81-92.
 Management refers to public information from Ferroglobe PLC
investor presentation dated October 17, 2017 (Page 5). According to
this information, approximately 45% of the total cost of producing
Metallurgical grade Silicon (98.5% - 99.5% Si) is attributed to
feedstock expenses, primarily quartz and reductant. Reaching a
conversion efficiency exceeding 75% would result in a reduction of
about one-third of the required amount of feedstock needed to make
silicon metal. Therefore this reduction in feedstock usage could
result in an HPQ cost advantage of over 14% (45% * 33%) compared to
About PyroGenesis Canada
PyroGenesis Canada Inc., a high-tech company, is
a leader in the design, development, manufacture and
commercialization of advanced plasma processes and sustainable
solutions which reduce greenhouse gases (GHG) and are economically
attractive alternatives to conventional “dirty” processes.
PyroGenesis has created proprietary, patented, and advanced plasma
technologies that are being vetted and adopted by multiple
multibillion dollar industry leaders in three massive markets: iron
ore pelletization, aluminum, waste management, and additive
manufacturing. With a team of experienced engineers, scientists and
technicians working out of its Montreal office, and its 3,800 m2
and 2,940 m2 R&D and manufacturing facilities, PyroGenesis
maintains its competitive advantage by remaining at the forefront
of technology development and commercialization. The
operations are ISO 9001:2015 and AS9100D certified, having been ISO
certified since 1997. For more information, please visit:
About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ) is a
Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer.
HPQ is developing, with the support of
world-class technology partners PyroGenesis Canada
Inc.(TSX: PYR) (NASDAQ: PYR) and NOVACIUM SAS, new green
processes crucial to make the critical materials needed to reach
net zero emissions.
HPQ activities are centred around the following
five (5) pillars:
1) Becoming a green low-cost (Capex and Opex)
producer of High Purity Silicon (2N+ to 4N) using our proprietary
Reduction Reactors” (QRR) being developed by
2) Becoming North America’s first producer of
micron size High Purity Silicon (3N & 4N) powders with the
assistance of NOVACIUM SAS.
3) Working to become the first producer of nano
silicon materials from High Purity Silicon chunks using our
Nano Silicon Reactor (NSiR) being
developed by PyroGenesis.
4) Becoming a green low-cost (Capex and Opex)
producer of Fumed Silica using our proprietary FUMED SILICA
REACTOR being developed by PyroGenesis.
5) Developing a small and compact process for
the on-demand production of hydrogen via hydrolysis of Silicon and
For more information, please visit HPQ Silicon
This press release contains certain
forward-looking statements, including, without limitation,
statements containing the words "may", "plan", "will", "estimate",
"continue", "anticipate", "intend", "expect", "in the process" and
other similar expressions which constitute "forward-looking
information" within the meaning of applicable securities laws.
Forward-looking statements reflect the Company's current
expectation and assumptions and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially from those anticipated. These forward-looking statements
involve risks and uncertainties including, but not limited to, our
expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to
research and development, the impact of competitive products and
pricing, new product development, and uncertainties related to the
regulatory approval process. Such statements reflect the current
views of the Company with respect to future events and are subject
to certain risks and uncertainties and other risks detailed from
time-to-time in the Company's ongoing filings with the security’s
regulatory authorities, which filings can be found at
www.sedar.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on
these forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements either as a result of new information, future events or
otherwise, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This News Release is available on the
company's CEO Verified Discussion Forum, a moderated social
media platform that enables civilized discussion and Q&A
between Management and Shareholders.
Source: HPQ Silicon Inc.For further
information contact: Bernard J. Tourillon, Chairman,
President, and CEO Tel +1 (514) 846-3271Patrick Levasseur, Director
Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
PyroGenesis Canada (TSX:PYR)
Historical Stock Chart
Von Sep 2023 bis Okt 2023
PyroGenesis Canada (TSX:PYR)
Historical Stock Chart
Von Okt 2022 bis Okt 2023