HPQ Silicon Resources Inc.
– TSX-V: HPQ
; OTCPink: URAGF; FWB: UGE
(“HPQ” or “the Company”) is pleased to announce its collaboration
with Professor Lionel ROUÉ of the Institut National de Recherche
Scientifique (INRS) within the scope of projects aimed at
evaluating the electrochemical performances of different materials
produced by the HPQ PUREVAP™ Quartz Reduction Reactor ("QRR") for
Li-ion batteries.
The Énergie Matériaux Télécommunications (Energy
Materials Telecommunications) Research Centre is a centre of
excellence in research, innovation, and graduate and postgraduate
education in the fields of advanced materials, nanotechnology,
photonics, telecommunications and sustainable energy. The EMT
Centre brings together about 40 professors.
Professor Lionel ROUÉ of the INRS-EMT has
developed a scientific program focused on the study of new
electrode materials for various applications of industrial interest
(batteries, aluminium production, etc.). In recent years, a
significant part of its research activities has been devoted to the
study of Si anodes for Li-ion batteries and the development of
in-situ characterization methods applied to batteries. He is
the author of more than 150 publications, including twenty articles
and 2 patents on Si-based anodes for Li-ion batteries. He was
awarded the Energia Prize by the Quebec Association for the Mastery
of Energy for his work in this field.
EVALUATING WORLDWIDE BATTERY MARKET
POTENTIAL OF MATERIALS PRODUCED BY PUREVAP™
The first goal of the association is determining
the commercial potential of materials produced by the PUREVAPTM QRR
as anode material for the Li-ion battery market and ascertaining
whether their usage within Li-ion batteries could lead to a
significant increase in their energy density, which is crucial for
some applications, especially electric vehicles.
In the second phase, the electrochemical
performance of PUREVAPTM silicon based porous silicon wafers made
using Apollon Solar's patented process will be tested.
“Silicon’s potential to meet energy storage
demand is generating massive investments. Collaborating with
a world-class university center, HPQ will be able to validate the
potential of silicon materials produced from the PUREVAP™QRR as
high-capacity anode materials for Li-ion batteries” said Bernard
Tourillon, President & CEO of HPQ Silicon Resources Inc.
Mr. Tourillon added: “HPQ, working with PyroGenesis, Apollon and
the INRS Energy Materials Telecommunications (EMT) Research Centre,
fully intends to use its Gen3 PUREVAP™ QRR to produce and market
Silicon materials for batteries”.
GLOBAL ENERGY STORAGE MARKET READY TO
EXPLODE
A recent report projects that energy storage
deployments are estimated to grow 1,300% from a 12 Gigawatt-hour
market in 2018 to a 158 Gigawatt-hour market in 2024. An
estimated US$71 billion in investments will be made into storage
systems where batteries will make up the lion’s share of capital
deployment. Research suggests that replacing graphite materials
with Silicon anodes in Li-Ion Batteries promises an almost tenfold
(10x) increase in the specific capacity of the anode, inducing a
20-40% gain in the energy density of Li-ion batteries.
About Silicon
Silicon (Si) is one of today’s strategic
materials needed to fulfil the renewable energy revolution
presently under way. Silicon does not exist in its pure state; it
must be extracted from quartz, one of the most abundant minerals of
the earth’s crust and other expensive raw materials in a
carbothermic process.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed
company developing, in collaboration with industry leader
PyroGenesis (TSX-V: PYR) the innovative PUREVAPTM “Quartz Reduction
Reactors” (QRR), a truly 2.0 Carbothermic process (patent pending),
which will permit the transformation and purification of quartz
(SiO2) into Metallurgical Grade Silicon (Mg-Si) at prices that will
propagate its significant renewable energy potential.
HPQ is also working with industry leader Apollon
Solar to develop: Porous silicon wafers manufacturing using
PUREVAP™ Silicon (PVAP Si) that can be used as anode for
all-solid-state and Li-ion batteries; and a metallurgical pathway
of producing Solar Grade Silicon Metal (SoG Si) that will take full
advantage of the PUREVAPTM QRR one-step production of high purity
silicon (Si) and significantly reduce the Capex and Opex associated
with the transformation of quartz (SiO2) into SoG-Si.
HPQ focus is becoming the lowest cost producer
of Silicon (Si), High Purity Silicon (Si), Porous Silicon Wafers
and Solar Grade Silicon Metal (SoG-Si). The pilot plant equipment
that will validate the commercial potential of the process is on
schedule to start in 2019.
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.
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 the Company’s Roncevaux Quartz Project, Matapedia
Area, in the Gaspe Region, Province of Quebec.
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 on-going 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.
For further information
contactBernard J. Tourillon, Chairman, President and CEO
Tel (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel:
(514) 262-9239 http://www.hpqsilicon.com Email:
Info@hpqsilicon.com
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