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With all the good news on the battery compacity why the stock still falling
With all the good news about the battery compacity why the stock still falling
HPQ Silicon just signed a letter of intent with these guys.
Evonik Industries AG
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Fabian Schwane
Coating Additives
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PRESS RELEASE
Coating AdditivesJune 27, 2024
Evonik commissions new plant for AEROSIL® Easy-to-Disperse silicas at Rheinfelden site
Evonik has commissioned a plant for an innovative dispersion technology for fumed silica at its Rheinfelden site.
AEROSIL® Easy-to-Disperse enables easier, faster and more sustainable formulation of paints and coatings.
Capacity expansion in Rheinfelden strengthens global availability for high-quality silica.
Expansion marks next step in providing eco-friendly solutions to the paint and coatings sector.
Rheinfelden. Evonik has commissioned a plant for an innovative dispersion technology for fumed silica at its Rheinfelden site. This strengthens the specialty chemicals company’s position as a leading supplier of high-quality silicas from the AEROSIL® family.
The new system is tailored for the production of AEROSIL® Easy-to-Disperse (E2D) products. This technology simplifies the incorporation of silica as a rheology additive into paint and coating formulations.
“The commissioning of the AEROSIL® E2D technology demonstrates our commitment to the Rheinfelden site, where we have been successfully producing fumed silica for decades,” says Dr. Stefan Fiedler, Head of the AEROSIL® operating group in Rheinfelden. “This not only ensures quality, but also increases the global availability of our products.”
AEROSIL® E2D fumed silica products offer excellent dispersibility, which simplifies and increases the efficiency of the paint and coating manufacturing process. Traditionally, the dispersion of rheology additives such as fumed silica has been an energy- and time-intensive process. AEROSIL® E2D technology reduces this step to a single operation.
“Our AEROSIL® E2D products offer our customers improved process efficiency as well as optimized end-product performance,” says Dr. Oliver Kroehl, Head of Silica at Evonik Coating Additives, highlighting the benefits of the technology. “The main benefit for our customers is the accelerated dispersion of the silica, yielding significant savings in time, energy, and costs, and consequently CO2 emissions. This enables our customers to develop more advanced and sustainable coating solutions.”
The new plant in Rheinfelden is part of Evonik's continued investment in coating and ink additives, with a particular focus on the development of environmentally friendly and sustainable products.
Evonik's Coating Additives Business Line offers a wide range of specialty additives for coatings and printing inks. The business has decades of experience in developing products for a range of coating markets, including decorative coatings, industrial coatings, automotive coatings and printing inks.
Visit also our Evonik Coating Additives LinkedIn page!
COMPANY INFORMATION
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15.3 billion and an operating profit (adjusted EBITDA) of €1.66 billion in 2023. Evonik goes far beyond chemistry to create innovative, profitable, and sustainable solutions for customers. More than 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.
ABOUT SPECIALTY ADDITIVES
The Specialty Additives division combines the businesses of versatile additives and high-performance crosslinkers. They make end products more valuable, more durable, save more energy and simply better. As formulation experts in fast growing markets such as coatings, mobility, infrastructure and consumer goods, Specialty Additives combines a small amount with a big effect. With its 3,500 employees the division generated sales of €3.52 billion in 2023.?
DISCLAIMER
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.
And more good news. https://finance.yahoo.com/news/commercial-li-ion-batteries-made-123000090.html
This could be the next bump up! https://finance.yahoo.com/news/hpq-signs-nda-industrial-group-123000185.html
A litlle protection from copy cats.
https://www.theglobeandmail.com/investing/markets/stocks/HPQFF/pressreleases/22106897/
Disposal of strategic investments ... PYR sold $802,000 of HPQ shares in Q3.
Here we go with the real deal. https://hpqsilicon.com/wp-content/uploads/2023/11/HPQ-FSR_NOV_8_2023_VER_CL9.pdf
Last .39
10x more vol. on Vanc.
ha-ha - Oh darn (have had 8 months to enter - but NOW ?)
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Ahpq&x=0&y=0&time=100&startdate=6%2F11%2F2021&enddate=8%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
Might hafta consider thier partner instead
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Apyr&x=0&y=0&time=100&startdate=6%2F11%2F2021&enddate=8%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
HPQ PUREVAP™ GEN3 QRR DELIVERS EVEN HIGHER PURITY LEVELS IN A SINGLE STEP
August 09th, 2023
https://hpqsilicon.com/press-releases/press-releases-2023/
HPQ SILICON COMMENTS ON THE INCLUSION OF SILICON IN U.S. DEPARTMENT OF ENERGY’S 2023 CRITICAL MATERIALS LIST
August 02nd, 2023
https://hpqsilicon.com/press-releases/press-releases-2023/
Thank you sir for the lookie see! Got any little gems out there...?
Sorry I looked last night but couldn't see very much (promising there) despite yesterdays' great gain
But hopefully I'm wrong and it runs like bat shit for ya ?
That would be pretty cool
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=sipn&x=57&y=20&time=100&startdate=2%2F4%2F2015&enddate=12%2F28%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Hey there...hope all is well...someday for HPQFF....but, another one I've had for a few years is SIPN....what do you intuitive chart interpretations reveal about SIPN?...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170422708
We're almost there.
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HPQ Silicon GEN3 PUREVAP™ QRR Successfully Powered Up
October 06, 2022 13:00 ET | Source: HPQ Silicon Inc.
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English
MONTREAL, Oct. 06, 2022 (GLOBE NEWSWIRE) -- HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FRA: O08), an innovative silicon solutions and technology development company, would like to inform shareholders that a significant milestone has been reached in the ongoing GEN3 PUREVAP™ Quartz Reduction Reactor (QRR) Pilot Plant testing program.
REACTOR HAS BEEN POWERED UP
Technology provider PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) has informed HPQ that the GEN3 PUREVAP™(QRR) Pilot Plant has been successfully powered up.
HPQ GEN3 PUREVAP™ QRR PILOT PLANT R&D TESTING MOVING FORWARD
The GEN3 PUREVAP™ QRR Pilot plant is a first-of-its-kind, state of the art prototype comprised of multiple systems that must operate under harsh conditions, extremely high temperatures and under vacuum. During upcoming two weeks, the system will be tested under real operational conditions. Once PYR is satisfied that the pilot plant is operating within expected parameters, materials will be introduced in the hot reactor and the first process improvement tests will have started.
Once the four (4) process improvement tests completed, the GEN3 QRR will be operated for a few months, on a continuously, non-stop production mode.
As with all R&D projects, particularly with new process technology, timelines are subject to change. Yet, with process improvement tests about to start, HPQ is very close to producing silicon material and commencing:
Using the Si produced for downstream testing and production of HPQ high-value-add products,
Providing samples to potential off-takers to allow for product customization,
Working with Novacium to develop new innovative silicon base applications, and
Planning the deployment of commercial – scale production systems (PUREVAP™ QRR 4.0) capable of producing 2,500 tonnes per year of high purity silicon material.
“Starting up the reactor, on this “first-of-its-kind, state-of-the-art prototype,” is finally upon us. We are one step closer to reaching our goal of disrupting Silicon manufacturing; an industry that still relies on a conventional process developed back in the 1890s. Following our methodical approach, we are on the right path to validate our disruptive potential,” said Mr. Bernard Tourillon, President and CEO of HPQ Silicon Inc. “HPQ is the only company that will bring to market a new process for manufacturing Silicon that is perfectly suited to the new demands and realities of today’s Silicon market. With ESG principles playing an active role in materials sourcing and with recent geopolitical unrest emphasizing the need for stable trade partners and supply security, global corporations are becoming more aware of the difficulties in securing the ESG-compliant Silicon needed to meet their renewable energy agenda. The reality of chronic underinvestment in new technologies combined with the offshoring of Silicon production capacity, is creating massive opportunities for HPQ and its PUREVAP™ QRR patented process.”
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
HPQ Silicon 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, among other industries. On July 21, 2022, HPQ started trading as a Tier 1 Industrial Issuer on the TSX Venture Exchange.
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 PUREVAP™ “Quartz Reduction Reactors” (QRR), an innovative process (patent granted in the United States and pending in other jurisdictions), 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 PUREVAP™ 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 and nanowires of different sizes.
Through its second 100% owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing a new plasma-based process that allows a direct Quartz to Fumed silica transformation, removing the usage of hazardous chemicals 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 working with Novacium developing processes for making hydrogen via hydrolysis of silicon and other materials.
For more information, please visit HPQ Silicon web site.
HPQ Silicon Resources Inc. changed to HPQ Silicon Inc.
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
Some good news!!
HPQ Receives TSX Venture Approval to Proceed With EBH2 Green Hydrogen Extraction Technology Venture
September 29, 2021 12:30 ET | Source: HPQ-Silicon Resources Inc.
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English
MONTREAL, Sept. 29, 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 announce that the TSX Venture Exchange (“TSX-V”) has given its approval to HPQ transaction with EBH2 Systems SA, (“EBH2”) announced on August 24, 2021 and following that approval, HPQ has closed the MOU entered into with EBH2 Systems SA on August 24, 2021. HPQ and EBH2 can now focus on the next milestone, third-party validation of the EBH2 technology, expected to take place during the next 60 days. A first step was done by the signing of a perpetual world-wide license granted by EBH2 to HPQ to sell products where EBH2 Green Hydrogen Reactors (EBH2 GHR) are incorporated into any HPQ Technologies.
EBH2 SYSTEMS SA HAS DEVELOP AN EXTREMELY EFFICIENT PROCESS TO PRODUCE GREEN HYDROGEN
EBH2 is a Swiss company that possesses a proprietary low-cost electrolysis technology that can, extremely efficiently, extract from virtually any water source including salt water, Green Hydrogen. EBH2 Green Hydrogen Reactors (“EBH2 GHR”) are scalable, adaptable and can produce, on demand, the quantities of Green Hydrogen fuel necessary to power numerous applications from various modes of land and sea transport to single home dwellings, district wide power generation and large-scale industrial applications. EBH2 has filed a provisional patent for this new and novel on demand process to make Green Hydrogen for US$1 per Kilogram.
GREEN HYDROGEN A TRILLION $ ADDRESSABLE MARKET IN SEARCH OF A TECHNOLOGY LIKE EBH2 GHR
While deploying at scale Green Hydrogen could provide up to 24% of the world energy needs by 2050, cutting Greenhouse Gas (“GHG”) emissions by around a third and generating direct annual revenues of US$ 2,5 trillion1, currently available processes of producing Green Hydrogen from renewable energies cost about US$5 per kilogram, giving Green Hydrogen a cost disadvantage compared to hydrogen produced using fossil fuels (Grey and Blue Hydrogen) which have a US$1 per kilogram cost2.
WORKING TOGETHER TO COMMERCIALISE EBH2 GREEN HYDROGEN REACTORS TECHNOLOGIES
After many years of development, EBH2 now has a EBH2 GHR model ready for commercial deployment, a system that can produce continually the Green Hydrogen fuel necessary to power a 1 Megawatt per week generator, an electricity production capacity sufficient to power a typical three (3) bedroom suburban house. The potential cost and GHG reduction benefits of the EBH2 GHR systems are so massive that the units could readily replace solar panels or standby generators for homeowners.
“HPQ has been at the forefront of Green Silicon innovation development since 2015, and has we get closer to having multiple pilot plants operational, looking for way to reduce our energy costs all the while improving our environmental footprint become of paramount importance. EBH2 Systems SA, with their proprietary low-cost electrolysis technology that can, extremely efficiently, extract from virtually any water source including salt water, Green Hydrogen present HPQ with one of these games changing synergetic opportunities that we simply could not overlook,” said Bernard Tourillon, President and CEO of HPQ Silicon. “We are getting closer to the point where EBH2 technology will be validated and HPQ will be incredibly well positioned to make green silicon materials all the while opening up new, and massive addressable markets for a system that can produce cheaply green hydrogen, on demand.”
Once third-party validation of the EBH2 technology is completed, as per the terms of the agreement found in HPQ August 24, 2021, release:
HPQ will complete the cash component of part of the transaction and start delivering HPQ share units to EBH2 under the terms of equity component of the transaction,
HPQ and EBH2 will create a new joint venture company (“NEWCO”) to market, sell and service EBH2 systems and products in North America, and
EBH2 will start working on scaling up its EBH2 GHR technology to build systems that can produce continually the Green Hydrogen fuel necessary to meet the energy requirements of:
HPQ PUREVAPTM QRR, a technology to produce high purity silicon,
HPQ PUREVAPTM NSiR, a technology to produce nano silicon materials,
HPQ Fumed Silica Reactor, a technology to produce fumed silica in one step, and
Other technologies that HPQ may develop over time.
HPQ TO START PROCESS TO CHANGE IT CLASSIFICATION FROM MINING ISSUER TO TECHNOLOGY ISSUER
Included in the TSX-V approval was HPQ commitment to:
Submit, by the latest December 31, 2021, an application to the TSX-V to change HPQ classification from being a mining issuer to an Industrial and Technology Issuer.
Seek shareholder approval of the change of classification request by the latest 15 months from June 17, 2021.
About EBH2 Systems SA.
EBH2 Systems SA is a Swiss company located in Lausanne area which is working on Hydrogen solutions that will be Powering a Healthier future. Together with a researcher that has dedicated his life to develop green Hydrogen technologies, EBH2 has found the solution to produce Hydrogen from virtually any water source including salt water. EBH2 is scalable with no limits. It can power a small domestic generator up to ships, factories, buildings, cryptocurrency mines with high energy consumption and even cities. EBH2 is one of the solutions to reduce more than 15% of the emissions for 2021. For more information, please visit EBH2 web site.
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based innovative silicon solutions company that offers innovative silica (SiO2), 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.
For more information, please visit HPQ Silicon web site.
Scientists discussing HPQ now:
"...there's no claim to be exceeding the Faraday limit of electrolysis efficiency (76%) so I presume they haven't managed that. If you figure out the cost (in Hydrogen terms) of producing the Silicon from Quartz, and then refining it enough to be able to produce Silicon PVs, and making the PVs, it's somewhat debatable as to whether you'd have any energy left over from producing the solar panels to drive the system.
"The sad fact is that you lose at least 25% of your input energy if you use it to produce Hydrogen, and then if you want electricity from that Hydrogen the fuel cells are only around 60% efficient at the moment and maybe fairly close to the maximum efficiency we're going to get. There are some tweaks we can do on the processes, such as using heat energy to substitute some electrical energy with plasma electrolysis, but the underlying inefficiency doesn't really change much. The heat could be concentrated solar, but that also means building mirrors that track the Sun. Each proposed solution has a downside in extra costs.
"At the moment, the ambition to attain a cost of "green" Hydrogen of around $1 per kilo really depends on buying the PVs from China, who produce their panels a lot cheaper because they don't pay their workers that much and because they use high-quality coal to reduce the Quartz to Silicon, and use coal-fired electricity in the subsequent refining. Thus if you start digging into the background here you find that the total emissions reduction is very much less than the headlines would suggest.
"Still, it will attract subsidies, so they may make a profit for a while. It's somewhat unlikely that they will achieve that $1 per kilo target without subsidies - just too much kit needed and too much engineering involved. Given the ability of Hydrogen to leak through any containment and to find the smallest leaks in joints, if there is insufficient maintenance we can expect the odd explosion now and again."
Source: Today's Tech News: Notable or Not?
https://todays-tech-news-notable-or-not.blogspot.com/2021/08/hpq-launches-revolutionary-and.html
And some more news!!
HPQ SILICON LOGO LRG.jpg
HPQ Launches Revolutionary and Breakthrough Green Hydrogen Extraction Technology Venture
August 24, 2021 12:57 ET | Source: HPQ-Silicon Resources Inc.
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English
MONTREAL, Aug. 24, 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 announce the signature of a Memorandum of Understanding (“Agreement”) with EBH2 Systems SA, (“EBH2”) a Swiss company that possesses a proprietary electrolysis technology that can efficiently extract, from virtually any water source including salt water, a Clean Hydrogen also called Green Hydrogen that can be used to create low-cost electricity with no environmental impact.
EBH2 SYSTEMS SA DEVELOP A GREEN AND SCALABLE PROCESS TO PRODUCE CLEAN HYDROGEN
EBH2 has filled a provisional patent for its new and novel process to make Green Hydrogen, a process that is scalable and adaptable to numerous applications from various modes of land and sea transport to single home dwellings, district wide power generation and large-scale industrial applications. EBH2 first successfully tested prototype model has a clean energy production capacity starting at 1 Megawatt of power that can be produced over 7 days from 2 litres of water; sufficient energy to power a typical three (3) bedroom suburban house. (LINK TO VIDEO)
WORKING TOGETHER TO DEVELOP AN INDUSTRIAL SCALE EBH2 SYSTEM TO PRODUCE GREEN SILICON
EBH2 believes it can scale to power the planned high purity silicon and Nano silicon production by HPQ. If successful, HPQ proposes to bundle the energy production capability of EBH2 systems with its silicon production to further reduce the environmental footprint of its developing high purity silicon, nano powders, and other Renewable Energy products. Under the Agreement HPQ can acquire a perpetual world-wide license to sell or deploy the bundled HPQ Technologies - EBH2 generator-based systems anywhere in the world.
COMBINING FORCES TO ESTABLISH A NORTH AMERICAN EBH2 GENERATOR SALES CAPABILITY
The Agreement establishes the terms of the creation of a new Joint venture Company (“NEWCO”) owned by HPQ and EBH2 that will market, sell and service EBH2 systems and products in North America (Canada, Mexico, and the United States). The potential cost and GHG reduction benefits of the EBH2 first commercial size model are huge plus the units could readily replace solar panels or standby generators for homeowners. The global standby generator market is anticipated to grow by 4.9% CAGR between 2021 and 2025, attaining US$ 1.3 billion by 2025. North America has the largest market share at 33.87% in 2019, a market expected to grow with a CAGR of 3.7% to 2025.1
US DOE PUSHING FOR A REDUCTION IN CLEAN HYDROGEN PRODUCTION COST TO US$1 PER KILOGRAM To encourage new and creative solutions to bolster clean energy production, the U.S. Department of Energy has just launched what is described as an ambitious Hydrogen Earthshot Program aimed at reducing the cost of clean hydrogen by 80% to $1 per 1 kilogram in 1 decade (by 2030).
EBH2 SYSTEMS PRODUCE CLEAN HYDROGEN FOR LESS THAN US$ 1 PER KILOGRAM
Currently, production of Clean Hydrogen from renewable energies (Green Hydrogen), cost about US$5 per kilogram, giving Clean Hydrogen a cost disadvantage compared to hydrogen produced using fossil fuels (Grey and Blue Hydrogen) which have a US$1 per kilogram cost2. EBH2 is confident its cost per kilogram to produce its Clean Hydrogen is less than US$1, indicating that the EBH2 module already surpasses the Hydrogen Earthshot program goals and is cost competitive compared to fossil fuels base hydrogen.
“HPQ has been at the forefront of Silicon innovation development since 2015, yet the fact remains that converting quartz into silicon is a highly energy intensive process. EBH2 Systems SA, with their unique process to extract hydrogen from water to generate cheap green energy present HPQ with one of these games changing synergetic opportunities that we simply could not overlook,” said Bernard Tourillon, President and CEO of HPQ Silicon. “When EBH2 demonstrates that the system can do what they say it will, HPQ will be incredibly well positioned to reduce the cost and environmental footprint of making its silicon materials all the while opening up new, and massive addressable markets for a system that can produce cheaply green hydrogen, on demand.”
ABOUT GREEN HYDOGEN
According to Haim Israel, head of Thematic Investing Strategy at BofA Global Research and lead author of its 103-page primer on hydrogen, this time the excitement is justified. “We think we’re reaching an inflection point where green hydrogen could supply our energy needs, fuel our cars, heat our homes and be used in industries that have no economically viable alternative to fossil fuels,” he says. “Together with renewable electricity, green hydrogen gives us a shot at attaining a zero-carbon-emission global economy by 2050.”3
Green hydrogen could provide up to 24% of our energy needs by 2050, helping to cut emissions by around a third. In doing so, the transition to green hydrogen could provide $11 trillion of infrastructure investment opportunities over the next 30 years and direct annual revenues of $2.5 trillion.4
According to the latest Hydrogen Insights Updates from the Hydrogen Council in collaboration with McKinsey & Company5. the deployment of hydrogen projects has seen significant momentum as the technology is being considered a major factor in the clean energy transition. In that regard, and as of February 2021, over 131 large-scale Hydrogen projects have been announced, bringing the current project pipeline to 359 with investment along the value chain coming to an estimated $500 billion through 2030,
To date, ninety countries, comprising 80% of the world’s GDP, now have commitments to meet net-zero emissions in the coming decades, and more than 30 countries have hydrogen-growth strategies. Favourable government commitments to fostering hydrogen innovation combined with concerns over greenhouse gas emissions are expected to continue to drive the demand for hydrogen, specifically green hydrogen, forward.
SALIENT POINTS OF THE AGREEMENT BETWEEN HPQ AND EBH2:
The transaction is subject to TSX Venture Exchange approvals.
HPQ will be granted by EBH2 a perpetual world-wide license to sell products where EBH2 generators are incorporated into all HPQ Technologies, if the EBH2 generators are used exclusively to autonomously power HPQ Technology or HPQ Technologies. (“The HPQ-EBH2 Bundle License”).
HPQ and EBH2 agree to establish a new 50/50 joint enterprise (NEWCO) that will be responsible to market, sell and service EBH2 systems and products in North America. NEWCO will be granted by EBH2 a perpetual exclusive licence to market, sell and service EBH2 systems and products in North America. (Canada, Mexico, and the United States of America). HPQ will set up NEWCO as a Canadian corporation, with both HPQ and EBH2 having fifty percent (50%) shareholding.
OPTION TO ACQUIRE HPQ EQUITY STAKE IN NEWCO. HPQ agrees that starting 5 years, but not exceeding 10 years, from the date of the receipt of the first Commercial shipment of EBH2 systems ready for sales in North America by NEWCO, EBH2 can at any time and at its sole discretion, elect to buy HPQ equity stake in NEWCO by exchanging HPQ Equity stake in NEWCO for a perpetual eight percent (8%) royalty, on the gross sales of NEWCO (“HPQ ROYALTY”), royalty that shall be paid monthly, the 15th day of each month for the gross sales made in the previous month.
ACQUISITION COST. HPQ agrees to pay EBH2 the HPQ-EBH2 Bundle License in accordance with the payment schedule and terms set forth below:
HPQ will make a cash payment to EBH2 of Five Hundred Thousand US dollars (US$ 500,000) (“The Cash Component of the transaction”),
HPQ will issue to EBH2 of 10,000,000 units (“Unit”) at a price of C$0.70 Per Unit. (“The Equity Component of the transaction”). Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant") of HPQ. Each Warrant will entitle EBH2 to purchase one common share of the capital stock of HPQ at an exercise price of $ 0.75 for a period of 36 months from the date of closing of the Transaction. Each common share issued pursuant to the Units will have a mandatory four (4) month and one (1) day holding period from the date of its issuance. The Equity Component of the transaction is subject to TSX Venture Exchange and to standard regulatory approvals.
SCHEDULE OF PAYMENTS. EBH2 agrees that both the Cash Component of the transaction and the Equity Component of the transaction will be paid after an independent third-party has validated that the EBH2 process works and can be scaled up to meet the energy requirement of HPQ Technologies, based on the following milestones:
An independent third-party, chosen by the Parties, will be mandated to confirm that the EBH2 travel demonstration module can generate 1,000 Watts per hour (1 Kw per hour), 24 Kw per day, 168 Kw or 0.17 Mw of energy over 7 days from 1 litre of water (H2O). Upon receipt of confirmation that the production and other milestones has been met, the Cash Component of the transaction will be paid to EBH2 and 5,000,000 units of the Equity Component of the transaction will also be issued to EBH2.
An independent third-party, chosen by the Parties will be mandated to confirm that the EBH2 system can be scaled up to meet the energy requirement of HPQ Technology. Upon receipt of a confirmation that the production and other agreed milestones have been met, 4,000,000 units of the Equity Component of the transaction will also be issued to EBH2.
Upon a successful demonstration that a EBH2 system can produce the energy required to power up HPQ PUREVAPTM QRR pilot plant, the remaining 1,000,000 units of the Equity Component of the transaction will be issued to EBH2.
About EBH2 Systems SA.
EBH2 Systems SA is a Swiss company located in Lausanne area which is working on Hydrogen solutions that will be Powering a Healthier future. Together with a researcher that has dedicated his life to develop green Hydrogen technologies, EBH2 has found the solution to produce Hydrogen from virtually any water source including salt water. EBH2 is scalable with no limits. It can power a small domestic generator up to ships, factories, buildings, cryptocurrency mines with high energy consumption and even cities. EBH2 is one of the solutions to reduce more than 15% of the emissions for 2021. For more information, please visit EBH2 web site.
About HPQ Silicon Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based innovative silicon solutions company that offers innovative silica (SiO2), 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.
Hmm, trading halt, could be a home run or a bunt. Either way, we're in the game!!
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Last Component of HPQ GEN3 Quartz Reduction Reactor Has Shipped, Q4 Commissioning on Track
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Last Component of HPQ GEN3 Quartz Reduction Reactor Has Shipped, Q4 Commissioning on Track
August 18, 2021 13:00 ET | Source: HPQ-Silicon Resources Inc.
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English
MONTREAL, Aug. 18, 2021 (GLOBE NEWSWIRE) -- HPQ Silicon Resources Inc. (“HPQ” or the “Company”) (TSX-V: HPQ) (OTCQX: HPQFF) (FWB: UGE), an innovative silicon solutions company, is pleased to inform shareholders that further to our June 10, 2021 release, technology provider, PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), has confirmed that, after all the COVID related delays, the GEN3 PUREVAPTM Quartz Reduction Reactor (“QRR”) power supply, the final missing component, has shipped from the manufacture and is on route to PyroGenesis production facility in Montreal. This milestone is another step toward our Q4 2021 GEN3 PUREVAPTM QRR commissioning and start.
“Knowing that the power supply is finally on its way confirms that we are getting closer to the start the GEN3 PUREVAPTM QRR, closer to making battery grade silicon (Si) and closer to validating the commercial potential of the PUREVAPTM QRR process,” said Bernard Tourillon, President and CEO of HPQ Silicon. “In addition to its traditional applications, silicon is just beginning its path to battery utilization. The addressable markets for our Silicon products are massive, diverse and with our pilot plant operational, we will be well positioned to start looking for additional downstream applications where our product can be of value.”
OTHER CORPORATE NEWS
WARRANT EXERCISE: The corporation liquidity has increased by $2,518,750 through the exercise of the remaining 16,250,000 August 21, 2021, warrants.
DEPT SETTLEMENT: In accordance with the agreement between HPQ-Silicon and Agora Internet Relations Corp. entered on July 15, 2020, for the term ending July 15, 2021, HPQ-Silicon board has approved:
The issuance of 14,267 common shares at a deemed price of $0.99 per share to pay $14,125 for services rendered during the period from October 16, 2020, ending January 15, 2021.
The issuance of 15,353 common shares at a deemed price of $0.92 per share to pay $14,125 for services rendered during the period from January 16, 2021, ending April 15, 2021, and
The issuance of 20,471 common shares at a deemed price of $0.69 per share to pay $14,125 for services rendered during the period from April 16, 2021, ending July 15, 2021.
Each share issued pursuant to the debt settlement will have a mandatory four (4) month and one (1) day holding period from the date of closing. This debt settlement is subject to the approval of the TSX Venture Exchange.
CLARIFICATION: HPQ hereby makes a clarification on terms contained in its press release issued June 22, 2021, in order to specify that the number of common shares issued must be 454,072 common shares.
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 four 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 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 Resources
HPQ Silicon Resources Inc. (TSX-V: HPQ) is a Quebec-based innovative silicon solutions company that offers innovative silica (SiO2), 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.
For more information, please visit HPQ Silicon web site.