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HPQ Silicon PUREVAP ™ Quartz Reduction Reactor Update, Canadian Business Journal

Montreal, April 5, 2022 (GLOBE NEWSWIRE) — HPQ Silicon Resource Co., Ltd. (“HPQ” or “Company”) (TSX-V: HPQ). (OTCQX: HPQFF) (FWB: UGE), Innovative silicon solutions and technology development companies to shareholders, PUREVAPTMQuartz reduction reactor ((((QRR) Pilot plant. Technology provider, PyroGenesis Canada Inc. (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY) to HPQ PUREVAPTMQRR Test runs are about 95% complete to date, and they expect test runs to be completed in a few weeks.

“A labor shortage with a particular supplier was the reason why we had to postpone the test run from the end of the first quarter to the beginning of the second quarter, but all the rest of the test run procedure had to be done in-house. Therefore, the testing phase should begin within the next few weeks, “said P. Peter Pascali, CEO and Chair of PyroGenesis. “The delays we’ve experienced so far are normal for this type of project, and the next milestone is to enter the market, where HPQ is estimated to exceed 3.8 million tonnes annually and exceed US $ 10. We guarantee you will complete these steps. $ 1 billion by 2025. We look forward to providing you with the latest progress in the next 3-4 weeks. “

HPQ PUREVAPTMQRR Pilot plant Projects entering the most exciting R & D phase
With GEN3 PUREVAPTMQRR The pilot plant will soon be functioning and the project will enter the final R & D phase, operating the pilot plant to test the system under operating conditions and producing the silicon materials required by battery makers and high value application makers.

With a budget of CDN $ 2,830,000, the final stages of the program, which lasts up to 12 months, will enable the following validation and quantification: PUREVAPTMQRR Destructive advantage:

a) The ability to produce silicon materials with the highest purity of any conventional process in one step.
b) Do not require the very pure raw materials required by traditional processes.
c) Only 4.5 MT of raw material is required to produce 1 MT of silicon, compared to the 6 MT required by conventional processes.
d) It has a great advantage in terms of cash cost compared to the lowest cost among traditional silicon producers.

“In the next few weeks, PUREVAPTMThe GEN3 QRR pilot plant is functioning HPQ disrupts silicon manufacturing, an industry that still relies on traditional processes to manufacture silicon, which was first developed in 1899. GEN3 PUREVAPTMQRR Pilot plant I wouldn’t have been able to come at a more convenient time. Just as there are bottlenecks in the silicon supply chain, the demand for high-purity silicon from companies in batteries and high-performance materials continues to grow. As ESG principles play an active role in sourcing materials, the world is more aware of the difficulty of ensuring ESG-compliant silicon needed to meet renewable energy goals.The reality of chronic underinvestment in new technologies combined with offshoring of silicon capacity has created great opportunities for HPQ and its PUREVAP.TMQRR’s patented process. HPQ is the only company to bring to market a new process for manufacturing silicon that perfectly matches the new demands of the silicon market and reality. “ Bernard Tourillon, President and Chief Executive Officer of HPQ Silicon.

About PyroGenesis Canada Inc.
High-tech company PyroGenesis Canada Inc. designs, develops and manufactures advanced plasma processes and sustainable solutions that reduce greenhouse gases (GHG) and are an economically attractive alternative to traditional “dirty” processes. , And a leader in commercialization. PyroGenesis is a unique, patented, advanced, scrutinized and adopted multi-billion dollar industry leader in three large markets: iron ore pelleting, aluminum, waste management and additive manufacturing. Created plasma technology. With a team of experienced engineers, scientists and engineers working in Montreal’s offices and with 3,800m2 and 2,940m2 R & D and manufacturing facilities, Pyrogenesis remains at the forefront of technological development and commercialization. We maintain a competitive advantage. The operation is ISO 9001: 2015 and AS9100D certified and has been ISO certified since 1997. For more information, please visit www.pyrogenesis.com.

About HPQ Silicon Resources
HPQ Silicon Resource Co., Ltd. ((((TSX-V: HPQ). Is a Quebec-based innovative silicon solution company that provides silica (SiO).2) And silicon (Si) based solutions, developing a unique portfolio of high value silicon (Si) products demanded 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, since silicon does not exist in a pure state, quartz (SiO)2) Historically it was a process of consuming large amounts of capital and energy.

When PyroGenesis Canada Inc. ((((TSX: PYR). ((((NASDAQ: PYR).HPQ is under development:

  1. the PUREVAPTM“Quartz Reduction Reactor” (QRR), Innovative process (patent pending). This enables one-step conversion of quartz (SiO).2) Reduce costs, energy inputs, and carbon dioxide emissions to convert to high-purity silicon (Si), greatly expanding the potential of renewable energy..
  2. Through our wholly owned subsidiary HPQ NANO Silicon Powders Inc. PUREVAPTMNano Silicon Reactor (NSiR)). Is a new and unique process that can use the materials produced by QRR as raw materials to produce different nano / micro spherical powders of different sizes and nanowires.
  3. Through its second wholly owned subsidiary, HPQ Silica POLVERE Inc., HPQ has developed a new plasma-based process that enables direct conversion of quartz to fumed silica, a hazardous chemical in the production of fumed silica. Eliminates the use of silica and eliminates hydrogen. Chloride gas (HCI) associated with its production.

HPQ is also a technology development company interested in developing hydrogen-based ventures and may complement QRR’s efforts. HPQ is currently evaluating two different approaches to achieving this goal.

  1. Working with EBH2 Systems SAS, a Swiss-based company involved in the unique process of producing green hydrogen by electrolysis,
  2. Develop a unique process to make hydrogen by hydrolyzing the nanosilicon material we made PUREVAPTM(NSiR).

For more information, please visit: HPQ Silicon Website..

Disclaimer:

Our interest in the development of PUREVAP ™ QRR, and the expected capital or operational cost savings associated with its development, are related to establishing the economic feasibility or technical feasibility of our Quartz project. Should not be interpreted as.

Although this press release contains the words “may,” “plan,” “do,” “estimate,” “continue,” “expect,” “intention,” and “expect.” It contains statements about specific future prospects, not limited to these. , “In progress” and other similar expressions that make up “forward-looking information” within the meaning of applicable securities law. Forward-looking statements reflect our current expectations and assumptions and are subject to many risks and uncertainties where actual results may differ materially from expectations. These forward-looking statements include, but are not limited to, our expectations for acceptance of our products in the market, our strategy for developing new products and enhancing the capabilities of existing products, and our strategy for research and development. Includes risks and uncertainties. Uncertainty associated with competitive products and pricing impacts, new product development, and regulatory approval processes. Such statements reflect our current views on future events and are detailed from time to time in our ongoing filings with certain risks and uncertainties and security regulators. Is subject to the risk of. .sedar.com. Actual results, events, and performance can vary significantly. Readers should be careful not to place undue reliance on these forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement as a result of new information, future events, or other consequences, except as required by applicable securities law.

Neither the TSX Venture Exchange nor its regulatory service provider (the term is defined in the TSX Venture Exchange Policy) is responsible for the validity or accuracy of this release.

This news release is from the company CEO Validated Discussion ForumA moderated social media platform that enables civilized discussions and questions and answers between management and shareholders.

sauce: HPQ Silicon Resource Co., Ltd.

For more information, please contact:
Bernard J. Tourillon, Chairman, President and CEO Tel +1 (514) 907-1011
Patrick Levasseur, CEO Special Advisor Tel: +1 (514) 262-9239
Email: Info@hpqsilicon.com


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HPQ Silicon PUREVAP ™ Quartz Reduction Reactor Update, Canadian Business Journal

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