HPQ SILICON RESOURCES INC. HPQ.V MANAGEMENT DIS
Post# of 10
HPQ.V
MANAGEMENT DISCUSSION AND ANALYSIS (filed on www.sedar.com)
For the Period ended December 31, 2019
NATURE OF ACTIVITIES
The Corporation`s objectives are the exploration and discovery of industrial mineral properties possibly leading to viable commercial exploitation and to become the lowest cost producer of Silicon (Mg-Si), High Purity Silicon (Si), Porous Silicon Wafers and Solar Grade Silicon Metal (SoG-Si).
The company activities are centred on becoming vertically integrated using it’s proprietary PUREVAPTM “Quartz Reduction Reactors” (QRR) (patent pending) process. A process which will allow the transformation of quartz (SiO2) and refinement of silicon into Silicon (Si) at prices that will propagate its renewable energy potential.
OVERALL PERFORMANCE DURING 2019
On November 25, 2019, the Company announced that it is actively evaluating a joint venture with PyroGenesis to manufacture nanoscale (Si) silicon powders for next-generation Li-ion Si batteries.
On November 7, 2019, HPQ announced that HPQ and its partner Apollon Solar SAS, acting as a party, have signed a confidentiality agreement (“NDA”) with a manufacturer of Li-ion batteries in order to exchange technical information and the sending of test material.
On September 4, 2019, HPQ announced that a new provisional patent application covering a critical part of the PUREVAP™ Quartz Reduction Reactor (QRR) process has been filed.
On July 11, 2019, HPQ announced that PyroGenesis calculated that the maximum scaled up size of a single PUREVAP™QRR reactor would allow the production of 2,500 metric tonnes (“MT”) of Silicon Metal per year. The total capacity of any PUREVAP™ QRR plant is therefore scalable by increments of 2,500 MT per year.
On April 25, 2019, HPQ announced an evolution through tests on the commercial feasibility validation on GEN2 PUREVAP ™ and identified a new operational parameter.
On February 26, 2019, HPQ annouced that GEN2 PUREVAP™ Commercial Scalability Proof of Concept tests demonstrated that semi-continuous operation improves the PUREVAP™ QRR Production Yield.