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MONTREAL, June 01, 2023 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Firm”) (TSX-V: HPQ) (OTCQX: HPQFF) (FRA: O08), a expertise firm specializing in inexperienced engineering processes for silica and silicon materials manufacturing, pronounces the profitable validation of a vital milestone that demonstrates the capabilities of our proprietary expertise, the PUREVAPTM Quartz Discount Reactor (QRR) course of. Our accomplishment is that now we have produced Silicon with a purity exceeding 3N+ in a single step.
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This validation follows an intensive overview of take a look at #5 outcomes from the continuing GEN3 pilot plant program performed by expertise supplier PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) (Pyrogenesis).
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The outcomes are additionally extremely promising as a result of they affirm the potential of the QRR course of to scale back the money price of silicon metallic manufacturing via a single-step course of and by reducing the feedstock requirement.
“These developments mark a milestone for HPQ Silicon and spotlight the effectiveness of the PUREVAPTM QRR course of in modernizing the manufacturing of high-purity Silicon whereas concurrently driving down manufacturing prices,” mentioned Bernard Tourillon, President & CEO of HPQ Silicon. “HPQ, with associate Pyrogenesis, is regularly advancing its new QRR expertise. These current outcomes display extra optimistic progress within the efforts to create a brand new, low-cost course of to fabricate of excessive purity Silicon. The prevailing processes have remained largely unchanged for the previous century.”
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PRODUCED 3N+ PURITY SILICON OR BATTERY-GRADE SILICON
Pyrogenesis completely assessed the Silicon materials generated throughout assessments #4 and #5 within the sequence. The samples have been analyzed utilizing ICP-MS Silicon Bulk Pattern Evaluation at Air Liquide Electronics (Balazs NanoAnalysis).
In take a look at #4, the outcomes revealed a median silicon purity (%) surpassing 99.8%. This achievement signifies a noteworthy enhancement in comparison with the earlier finest outcomes of 99.6% Si, as announced on March 16th.
Nevertheless, it’s the consequence of take a look at #5 that’s noteworthy.
Throughout take a look at #5, we achieved a median silicon purity (%) of 99.92% throughout two separate assessments. This consequence validates the potential of the QRR course of to surpass the minimal purity requirement of 3N, particularly for battery-grade silicon.
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The achievement strikes ahead HPQ in its purpose of manufacturing high-purity silicon for battery and different high-value functions with the QRR.
QRR PROCESS: UNLOCKING A REDUCTION IN CASH COSTS FOR SILICON PRODUCTION
Conventionally, the manufacturing yield of metallurgical grade silicon (1-2N purity) ranges from 80 to 90% [1]. Nevertheless, when conventional vegetation implement optimized processes to supply larger purity silicon (2-3N), manufacturing yields are lowered to between 50 and 60% [2].
Our modern PUREVAPTM QRR reactor, with its distinctive enclosed design, has the potential to realize a conversion effectivity exceeding 75% whereas constantly sustaining a excessive purity degree of 3N+ and extra.
This may allow us to supply one unit of silicon utilizing fewer items of feedstock, probably leading to a larger than 25% discount in feedstock utilization [3]. If profitable, this might present HPQ with an extra price benefit in comparison with conventional strategies.
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As a part of our program’s goal to optimize feedstock utilization within the QRR course of, we’re delighted to report that take a look at #5 demonstrated this progress. The conversion effectivity of the method reached 20%, a four-fold enchancment in comparison with assessments #1 via #4.
“Outcomes so far display that we’re steadily progressing in direction of attaining a conversion effectivity of 75%, which can symbolize a leap ahead in high-purity silicon manufacturing, offering HPQ with financial benefits and course of effectivity throughout the silicon business,” added Mr. Tourillon. “We take nice delight within the efforts of the workforce at PyroGenesis and our position on this distinctive alternative and its potential for transformative impression.”
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FILING OF NEW QRR PROCESS PATENT AND SHARES FOR DEBT SETTLEMENT
HPQ Silicon is happy to announce that it has entered into an settlement to accumulate all rights held by the inventors of a brand new PUREVAPTM QRR provisional patent utility associated to enchancment of the Purity of the Silicon materials produce by the QRR by one (1) N. Virtually this invention will enable us to extend the purity of our Silicon from the 99.92% already achieved to 99.992%
This contract stems from negotiations between the events and the debt outcomes from the French laws stipulating that inventors of a patent are entitled to obtain remuneration for his or her work. That consideration was payable by the patent proprietor and have become a debt affecting the patent.
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HPQ, to turn into the proprietor and purchase all of the rights in a transparent patent, negotiated the cost of the debt and agreed with the inventors that the debt within the quantity of $ 88,560 might be settled via the issuance by the corporate of 432,000 Items. The cost shall be made, in two phases, being 144,000 Items to every of the three inventors.
Every Unit will consist of 1 (1) widespread share of the Firm and one (1) warrant to buy one (1) further widespread share of the Firm at an train worth of $ 0.27 for a interval of two (2) years after the deadline of the transaction. The primary concern of 72,000 items to every of the inventors might be made on the date the Firm receives TSX Enterprise Trade approval. The second concern of 72,000 Items might be made to every of the inventors on the time of the worldwide submitting of the patent. This transaction is topic to TSX Enterprise Trade and regulatory approval.
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SOURCE
[1] B. Ceccaroli, O. Lohne; Photo voltaic Grade Silicon Feedstock; Handbook of Photovoltaic Science and Engineering; J. Whiley (2003) [2] Andersen, V., Solheim, I., Gaertner, H., Sægrov-Sorte, B., Einarsrud, Ok. E., & Tranell, G. (2023). Pilot-Scale Check of Flue Gasoline Recirculation for The Silicon Course of. Journal of Sustainable Metallurgy, 9(1), 81-92. [3] Administration refers to public data from Ferroglobe PLC investor presentation dated October 17, 2017 (Web page 5). In keeping with this data, roughly 45% of the entire price of manufacturing Metallurgical grade Silicon (98.5% – 99.5% Si) is attributed to feedstock bills, primarily quartz and reductant. Reaching a conversion effectivity exceeding 75% would end in a discount of about one-third of the required quantity of feedstock wanted to make silicon metallic. Due to this fact this discount in feedstock utilization might end in an HPQ price benefit of over 14% (45% * 33%) in comparison with conventional strategies.Commercial 9
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About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a high-tech firm, is a frontrunner within the design, growth, manufacture and commercialization of superior plasma processes and sustainable options which cut back greenhouse gases (GHG) and are economically engaging alternate options to standard “soiled” processes. PyroGenesis has created proprietary, patented, and superior plasma applied sciences which can be being vetted and adopted by a number of multibillion greenback business leaders in three huge markets: iron ore pelletization, aluminum, waste administration, and additive manufacturing. With a workforce of skilled engineers, scientists and technicians figuring out of its Montreal workplace, and its 3,800 m2 and a couple of,940 m2 R&D and manufacturing amenities, PyroGenesis maintains its aggressive benefit by remaining on the forefront of expertise growth and commercialization. The operations are ISO 9001:2015 and AS9100D licensed, having been ISO licensed since 1997. For extra data, please go to: www.pyrogenesis.com
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About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ) is a Quebec-based TSX Enterprise Trade Tier 1 Industrial Issuer.
HPQ is creating, with the help of world-class expertise companions PyroGenesis Canada Inc.(TSX: PYR) (NASDAQ: PYR) and NOVACIUM SAS, new inexperienced processes essential to make the essential supplies wanted to succeed in web zero emissions.
HPQ actions are centred across the following 5 (5) pillars:
1) Changing into a inexperienced low-cost (Capex and Opex) producer of Excessive Purity Silicon (2N+ to 4N) utilizing our proprietary PUREVAPTM “Quartz Discount Reactors” (QRR) being developed by PyroGenesis.
2) Changing into North America’s first producer of micron dimension Excessive Purity Silicon (3N & 4N) powders with the help of NOVACIUM SAS.
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3) Working to turn into the primary producer of nano silicon supplies from Excessive Purity Silicon chunks utilizing our proprietary PUREVAPTM Nano Silicon Reactor (NSiR) being developed by PyroGenesis.
4) Changing into a inexperienced low-cost (Capex and Opex) producer of Fumed Silica utilizing our proprietary FUMED SILICA REACTOR being developed by PyroGenesis.
5) Creating a small and compact course of for the on-demand manufacturing of hydrogen by way of hydrolysis of Silicon and different supplies.
For extra data, please go to HPQ Silicon web site.
Disclaimers:
This press launch accommodates sure forward-looking statements, together with, with out limitation, statements containing the phrases “could”, “plan”, “will”, “estimate”, “proceed”, “anticipate”, “intend”, “count on”, “within the course of” and different comparable expressions which represent “forward-looking data” throughout the which means of relevant securities legal guidelines. Ahead-looking statements replicate the Firm’s present expectation and assumptions and are topic to quite a lot of dangers and uncertainties that would trigger precise outcomes to vary materially from these anticipated. These forward-looking statements contain dangers and uncertainties together with, however not restricted to, our expectations concerning the acceptance of our merchandise by the market, our technique to develop new merchandise and improve the capabilities of present merchandise, our technique with respect to analysis and growth, the impression of aggressive merchandise and pricing, new product growth, and uncertainties associated to the regulatory approval course of. Such statements replicate the present views of the Firm with respect to future occasions and are topic to sure dangers and uncertainties and different dangers detailed from time-to-time within the Firm’s ongoing filings with the safety’s regulatory authorities, which filings may be discovered at www.sedar.com. Precise outcomes, occasions, and efficiency could differ materially. Readers are cautioned to not place undue reliance on these forward-looking statements. The Firm undertakes no obligation to publicly replace or revise any forward-looking statements both because of new data, future occasions or in any other case, besides as required by relevant securities legal guidelines.
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Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.
This Information Launch is offered on the corporate’s CEO Verified Discussion Forum, a moderated social media platform that allows civilized dialogue and Q&A between Administration and Shareholders.
Supply: HPQ Silicon Inc.
For additional data contact:
Bernard J. Tourillon, Chairman, President, and CEO Tel +1 (514) 846-3271
Patrick Levasseur, Director Tel: +1 (514) 262-9239
Electronic mail: Info@hpqsilicon.com
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