HPQ Silicon | Silicon Metal Is THE Solar Metal

TL;DR

HPQ Silicon is a publicly traded company that is developing a new process, in partnership with Pyrogenesis, to transform quartz directly into solar grade silicon metal for the production of solar cells.

Transcript

I'm Amara pope from the investing news network coming to you live PDAC 2018 joining me today is Bernard Tullio CEO and chairman of hpq silicon they're ticker symbol on the TSX V is HP q so Bernard can you please give us a 30-second breakdown of your company yes HP q silicon is developing in partnership with pyrogenesis Montreal brand new process to... Read More

Key Insights

• 🤘 HPQ Silicon is developing a new process to transform quartz into solar grade silicon metal, which is essential for the production of solar cells.
• 🥹 The company holds a unique position as the only publicly traded company in this specific industry.
• 👻 Their partnership with Pyrogenesis allows them to utilize a metallurgic process, reducing the cost and environmental impact of production by around 90%.
• 💦 HPQ Silicon has successfully proven the feasibility of their process at the laboratory and is now working on assembling a pilot plant for larger-scale production.
• 🤘 The pilot plant will aim to produce 20 kilograms of silicon metal daily, which will be used to manufacture solar cells.
• ❓ HPQ Silicon is actively seeking strategic investors and partners to secure financing and accelerate their development.
• ✋ The company's future plans include further improving the purity of their silicon metal and producing solar cells with high efficiency.

Questions & Answers

Q: What is HPQ Silicon's main goal?

HPQ Silicon's main goal is to develop a cost-effective process for turning quartz into solar grade silicon metal, which is essential for the production of solar cells.

Q: How does HPQ Silicon differentiate itself from other companies in the industry?

HPQ Silicon is the only publicly traded company in this specific space and is developing a brand new metallurgic process, in partnership with Pyrogenesis, to create solar grade silicon metal. This process aims to significantly reduce both the cost and environmental impact of production.

Q: What is the significance of the pilot plant HPQ Silicon is working on?

The pilot plant is a crucial milestone for HPQ Silicon as it will demonstrate the scalability and efficiency of their process. It will be capable of producing larger quantities of silicon metal, which can then be used to create solar cells.

Q: What are the future plans for HPQ Silicon?

HPQ Silicon is currently in discussions with strategic investors and partners to secure financing for the pilot plant construction. They are also focused on further developing the purity of their silicon metal and aim to produce solar cells that are as efficient as those already available in the market.

Summary & Key Takeaways

• HPQ Silicon is developing a new process to transform quartz into solar grade silicon metal, the main component of solar cells.

• The company is unique as it's the only publicly traded company in this space and is aiming to reduce the cost of production by 90%.

• HPQ Silicon is currently working on assembling a pilot plant to produce larger quantities of silicon metal for solar cell production.