MONTREAL, October 6, 2022 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company HPQ Silicon Inc. The Gen3 PUREVAP™ Quartz Reducing Reactor (QRR) Pilot Plant (“Gen3 PUREVAP™ Pilot Plant” or “Pilot Plant”) has completed a month of power generation, according to a press release from HPQ or “Client”). We have started the up-process, and in the test phase, we are starting a revolutionary one-step conversion from crystal to high-purity silicon.
The GEN3 PUREVAP™ QRR pilot plant is the first state-of-the-art prototype of its kind and includes multiple systems that must operate under extreme conditions of extreme heat and vacuum. It is currently in a testing phase consisting of a series of optimization and reproducibility tests. The ultimate goal is to convert quartz into high-purity silicon.
“Completing the power-up of the pilot plant and beginning operational testing is an important milestone in our relationship with HPQ, demonstrating our commitment to moving the PUREVAP™ project forward, while also allowing us to move from the lab to the real world. Underscoring our ability and dedication to bring the concept to life, P.Peter Pascali, CEO and Chairman of PyroGenesis, said: “Recent market events have shown that silicon (Si) is one of the key strategic energy metals needed to reach the goal of decarbonizing the economy, and we couldn’t be more proud to be a part of it. We could never have imagined that it would play a key role in the development of GHG reduction technologies.We firmly believe that the PUREVAP™ process will prove to be a game-changer and an enabling technology.
The PUREVAP™ process is a revolutionary one-step conversion of quartz (SiO2) to high-purity silicon (Si) with reduced cost, energy input and carbon footprint, and renewable energy potential. widen. As part of the terms of the contract with HPQ, PyroGenesis benefits from a royalty payment equal to his 10% of the client’s sales.
About HPQ Silicon
HPQ Silicon Inc. (TSX-V: HPQ)) innovative silica (SiO2), silicon (Si)-based solutions and develops a unique portfolio of high-value 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 a pure state and must be extracted from quartz (SiO).2) What has historically been a capital and energy intensive process.
With PyroGenesis, HPQ is developing:
- of PUREVAP™ “Quartz Reduction Reactor” (QRR)with an innovative process (patent pending), quartz (SiO2) to high-purity silicon (Si) with reduced cost, energy input, and carbon footprint, and propagate its considerable renewable energy potential..
- Through our wholly owned subsidiary HPQ NANO Silicon Powders Inc., PUREVAP™ Nano Silicon Reactor (NSiR)) is a new and unique process that can make various nano/micro spherical powders and nanowires with different sizes using materials produced by QRR as raw materials.
- Through its second wholly owned subsidiary, HPQ Silica POLVERE Inc., HPQ is developing new plasma-based processes. This allows direct conversion of quartz to fumed silica, eliminates the use of hazardous chemicals and eliminates hydrogen in the production of fumed silica. Chloride gas (HCI) associated with its manufacture.
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a high-tech company, is a leader in the design, development, manufacturing and commercialization of advanced plasma processes and sustainable solutions that reduce greenhouse gases (GHG), replacing traditional “dirty” processes. An economically attractive alternative. PyroGenesis is a unique, patented advanced technology vetted and adopted by multiple multi-billion dollar industry leaders in four huge markets: Iron Ore Pelletization, Aluminum, Waste Management and Additive Manufacturing. created a new plasma technology. With a team of highly experienced engineers, scientists and technicians working in our Montreal office and his 3,800 m2 and 2,940 m2 manufacturing facilities, PyroGenesis has a competitive advantage by staying at the forefront of technology development and commercialization. maintain. The operation is ISO 9001:2015 and AS9100D certified and has been ISO certified since 1997. For more information, please visit www.pyrogenesis.com.
This press release contains the words “may,” “plan,” “intend,” “estimate,” “continue,” “forecast,” “intend,” and “expect.” It contains certain forward-looking statements, including but not limited to. , “ongoing,” and other similar expressions that constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect our current expectations 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. This includes, but is not limited to, our expectations regarding the acceptance of our products by the market, our strategies for developing new products and enhancing the capabilities of existing products, and our strategies for research and development. It will not be. , the impact of competitive products and pricing, new product development and uncertainties related to the regulatory approval process. Such statements reflect the Corporation’s current view of future events and are subject to certain risks and uncertainties and other risks detailed from time to time in the Corporation’s ongoing filings with securities regulators. subject to the risk of www.sedar.comor www.sec.govActual results, events and performance may vary materially. Readers are cautioned not to place undue reliance on these forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the Toronto Stock Exchange nor its regulatory service providers (as that term is defined in Toronto Stock Exchange Policy) nor NASDAQ Stock Market, LLC are responsible for the adequacy or accuracy of this press release. Hmm.
Source PyroGenesis Canada Inc.
For more information, please contact:
Rodayna Kafal, Vice President IR/Comms. Strategy BD
Phone: (514) 937-0002, Email: [email protected]
Related Links: http://www.pyrogenesis.com/
PyroGenesis’ Gen3 PUREVAP™ QRR pilot plant is installed, commissioned, powered up and moving into operational testing at HPQ Silicon Inc. Canadian Business Journal
Source link PyroGenesis’ Gen3 PUREVAP™ QRR pilot plant is installed, commissioned, powered up and moving into operational testing at HPQ Silicon Inc. Canadian Business Journal