HPQ Silicon Sources Raw Material Needed for Purevap™ Quartz Reduction Reactor Operations
https://ceo.ca/@nasdaq/hpq-silicon-sources-raw-material-needed-for-purevap
• COMMISSIONING OF SYSTEM ADVANCING, START OF REACTOR OPERATIONS SCHEDULE FOR Q1 2022
MONTREAL, Dec. 21, 2021 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an innovative silicon solutions and technology development company, is pleased to inform shareholders that it has secured, with a Quebec-based supplier, the procurement, and January 2022 delivery, of the high purity quartz material needed to operate the GEN3 PUREVAPTM Quartz Reduction Reactor (“QRR”) Pilot Plant. HPQ is also please to inform shareholders that technology provider, PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), has informed HPQ that, taken into consideration the latest delays related to COVID-19 restriction implemented by the Quebec Government, the commissioning of the GEN3 PUREVAPTM QRR will be completed during Q1 2022, and that shortly after that the pilot plant will be operational.
ONE STEP CLOSER TO VALIDATING PUREVAPTM QRR GAME CHANGING ADVANTAGES
The PUREVAPTM QRR is an innovative process, which permits the one-step transformation of quartz (SiO2) 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 PUREVAPTM 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 producer1.