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 further to our Nov. 29 2021
release, the United States Patent and Trademark Office issued U.S.
Patent No. 11,267,714 entitled "SILICA TO HIGH PURITY SILICON
PRODUCTION PROCESS" to HPQ SILICON RESOURCES INC on March 8 2022.
HPQ US PATENTED
PUREVAPTM QRR
PROCESS: THE KEY TO OUR DEVELOP &
MONETIZE STRATEGY The US patent covers the PUREVAPTM Quart
Reduction Reactor (QRR) innovative process, which permits the
one-step transformation of quartz (SiO2) into high purity silicon
metal (up to 4N+ Si), the material sought after by battery makers
and high value applications manufactures, at significantly reduced
costs, energy input, and carbon footprint than traditional
processes.
HPQ ON TARGET TO START THE
PUREVAPTM QRR
PILOT PLANT HPQ PUREVAPTM QRR disruptive
advantages means that not only can it produce a higher purity
silicon material than traditional processes in one step, but it
also 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.
“Since 2015, HPQ PUREVAPTM QRR has been at the
forefront of disrupting Silicon manufacturing, an industry that
still relies on a traditional process to make silicon first develop
in 1899. The U.S. patent issuance on our novel new approach to
making silicon, combined with the end of Q1 start of the GEN3
PUREVAPTM QRR pilot plant, have culminated at an opportune time, as
demand for high purity silicon from the battery and
high-performance material companies continues to rise just as
bottlenecks, we had foreseen are now occurring in the silicon
supply chain. With ESG principles playing an active role in
materials sourcing, the world is more aware of the difficulties of
securing the ESG compliant Silicon needed to meet its renewable
energy goals. The reality of chronic underinvestment in new
technologies combined with the offshoring of Silicon production
capacity, has created a massive opportunity for HPQ and its
PUREVAPTM QRR patented process, as we are the only company to bring
to market a new process for making Silicon that is perfectly suited
to the new demands and realities of the Silicon market,” said Mr.
Bernard Tourillon, President and CEO of HPQ Silicon.
About PyroGenesis Canada Inc.
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: www.pyrogenesis.com.
About HPQ Silicon ResourcesHPQ
Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based
innovative silicon solutions company that offers silica (SiO2) and
silicon (Si) based solutions, and is developing a unique portfolio
of high value-added silicon (Si) products sought after by battery
and electric vehicle manufacturers.
Silicon (Si), also known as silicon metal, is
one of today’s key strategic materials needed for the
decarbonization of the economy and the Renewable Energy Revolution
(“RER”). However, silicon does not exist in its pure state and must
be extracted from quartz (SiO2) in what has historically been a
capital and energy-intensive process.
With PyroGenesis Canada Inc. (TSX: PYR)
(NASDAQ: PYR), HPQ is developing:
- the
PUREVAPTM “Quartz
Reduction Reactors” (QRR), an innovative process (patent
pending), which will permit the one-step transformation of quartz
(SiO2) into high purity silicon (Si) at reduced costs, energy
input, and carbon footprint that will propagate its considerable
renewable energy potential.
- Through its 100% owned subsidiary,
HPQ NANO Silicon Powders Inc., the
PUREVAPTM Nano Silicon
Reactor (NSiR) is a new proprietary
process that can use material produced by the QRR as feedstock, to
make a wide range of nano/micro spherical powders of different
sizes and nanowires.
- Through its second 100% owned
subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new
plasma-based process that will allows a direct Quartz to Fumed
silica transformation, removing the usage of hazardous chemical in
the making of Fumed silica and eliminating the Hydrogen Chloride
Gas (HCI) associated with its manufacturing.
HPQ is also a technology development company
interested in developing hydrogen-based ventures, that could be
complementary to the QRR efforts. Currently, HPQ is evaluating two
different approaches to reach this goal, those being:
-
Working with Swiss based company EBH2 Systems SAS as it pertains to
their proprietary process to manufacture Green Hydrogen via
electrolysis, and
-
Developing our own processes of making hydrogen via hydrolysis of
nanosilicon materials made by our PUREVAPTM (NSiR).
For more information, please visit HPQ Silicon
web site.
Disclaimers:The Corporation’s
interest in developing the PUREVAP™ QRR and any projected capital
or operating cost savings associated with its development should
not be construed as being related to the establishing the economic
viability or technical feasibility of any of the Company’s Quartz
Projects.
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 Resources
Inc.
For further information
contact: Bernard J. Tourillon, Chairman, President and CEO
Tel +1 (514) 907-1011Patrick Levasseur, Special Advisor to the CEO
Tel: +1 (514) 262-9239Email: Info@hpqsilicon.com
______________________1 HPQ Silicon June 17th,
2019, release
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