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VIDEO - HPQ At "Imminent Completion" Of Silicon Pilot Plant Just As Prices Soar
HPQ Silicon Resources $HPQ $HPQFF is a Quebec-based company that is developing the high value-added silicon products sought after by battery and electric vehicle manufacturers - but nobody has yet delivered - until now.
THIRD PARTY VALIDATION FROM LEADING GLOBAL COMPANIES
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:
And $HPQ timing couldn’t be better as the price for 1 metric ton of Silicon, as of the end of 2021, reached US $10,000 compared to just US $2,500 a year ago.
The plan has always been to transfer the ownership of the pilot systems from PyroGenesis to HPQ Silicon prior to the reactor start, since under the terms of the July 2016 agreement, HPQ-Silicon, is the sole party entitled to claim R&D credits associated with the PUREVAP™ QRR pilot plant system operations.
CEO Bernard Tourillon commented: “It may have taken time to get here, but the decision to enter early into a long term and mutually beneficial relationship with PyroGenesis to harness the potential of new silicon materials manufacturing will soon come to fruition. 2022 and beyond are going to be years for Silicon and our unique and innovative processes of manufacturing and commercializing silicon and nanosilicon materials needed for an ESG-demanding industrial landscape is one of our greatest strengths going forward.”
Sit back, relax and watch this powerful interview.