QIMC Contributes to HPQ Silicon Battery Initiative
QIMC Contributes to HPQ Silicon Battery
Initiative
Lachute, Québec--(Newsfile Corp. - March 14, 2023) -
Québec Innovative Materials Corp.
(
CSE:
QIMC
)
("
QI Materials
" or the "
Company
") is pleased to announce that newly confirmed high purity silica
samples have met the requirements for feedstock in HPQ Silicon Inc.'s ("
HPQ
") silicon-based battery
material production in North America. The Company continues to move toward its main objective of
developing the green economy as a supplier of high-grade silica in tandem with HPQ.
PROCUREMENT OF QUARTZ MATERIAL
As per the terms of the MOU between HPQ and QIMC (see
September 14, 2022
news release), QIMC
is to provide high grade silica for testing in HPQ's GEN3 PUREVAP
TM
Quartz Reduction Reactor
("
QRR
"). Silica samples from the Main Zone at the Charlevoix Project were delivered to HPQ in
December 2022 and confirmed to be of high purity and in line with HPQ's compatibility requirements
(see
February 23
and
January 27, 2023
news releases). HPQ has recently announced plans to build a
silicon-based battery material production line in North America. QIMC will continue to support their
shared objective of advancing the battery initiative to meet rapidly increasing demand.
In an effort to
accelerate the move to production, the Company continues to refine its purification methods for silica
sand and continue discussions with potential buyers of silica materials.
"With our GEN3 QRR pilot plant program moving forward combined with our newly launched battery
initiative, it is important for HPQ to be able to focus its energies and resources on developing our
ground-breaking technologies while QIMC advances it promising Charlevoix Quartz Project,"
said Mr.
Bernard Tourillon, President and CEO of HPQ Silicon Inc
. "As we gain traction producing and selling
our silicon battery materials, we will also be strengthening the values of our QRR projects. Therefore, if
all continues to advance as we hope, we can foresee a time when HPQ could be using QIMC quartz to
produce Silicon with our Gen4 PUREVAP
TM
QRR systems."
Additionally, the Company has entered into a Memorandum of Understanding ("
MOU
") with Ekopav, a
Canadian company focused on innovative eco-friendly solutions for the paving industry. The MOU
stipulates the procurement of a specific tonnage of silica sands from QIMC for Ekopav's manufacturing
of commercial asphalt products. Either party may terminate the MOU after twelve (12) months without
any obligation or liability to the other party. Silica materials used in production of asphalt products are not
required to be metallurgical grade (98-98.9% Si). The Company is pleased to engage Ekopav as
potential future purchaser of sub-metallurgical grade silica.
"QI Materials now has potential customers for both our metallurgical and sub-metallurgical grade
silica products. This is exciting as both potential customers share similar green-economy values and
are in line with our vision of establishing a local supply chain."
stated Raymond Wladichuk, CEO of QI
Materials.
About HPQ Silicon
HPQ Silicon Inc.
(TSXV: HPQ
)
is a Quebec-based TSX Venture Exchange Tier 1 Industrial Issuer.
HPQ is developing, with the support of world-class technology partners
PyroGenesis Canada Inc.
(TSX:
PYR) (NASDAQ: PYR
)
and NOVACIUM SAS, new green processes crucial to make the critical
materials needed to reach net zero emissions.
HPQ activities are centred around the following five (5) pillars:
1
.
Becoming a green low-cost (Capex and Opex) producer of High Purity Silicon (2N+ to 4N) using
our proprietary
PUREVAP
TM
"Quartz Reduction Reactors" (QRR)
being developed by
PyroGenesis.
2
.
Becoming North America's first producer of micron size High Purity Silicon (3N & 4N) powders
with the assistance of NOVACIUM SAS.
3
.
Working to become the first producer of nano silicon materials from High Purity Silicon chunks
using our proprietary
PUREVAP
TM
Nano Silicon Reactor (NSiR
)
being developed by
PyroGenesis.
4
.
Becoming a green low-cost (Capex and Opex) producer of Fumed Silica using our proprietary
FUMED SILICA REACTOR
being developed by PyroGenesis.
5
.
Developing a small and compact process for the on-demand production of hydrogen via hydrolysis
of Silicon and other materials.
For more information, please visit
HPQ Silicon web site
.
About Québec Innovative Materials Corp.
Québec Innovative Materials Corp. (
CSE: QIMC
) (previously Québec Silica Resources Corp.) is a
mineral exploration, and development company with a diversified portfolio of natural resource assets
including high grade silica, hydrogen, and helium properties. QIMC is working toward becoming a
sustainable supplier of resources which are essential in advanced batteries and the electrification of the
new green economy. The Company has a 100% interest in the Charlevoix Silica Project, near Clermont,
Québec, Canada as well as its various other silica properties in Québec.
Additional information on Québec Innovative Materials is available at
www.qimaterials.com
.
On Behalf of the Board of Directors,
QUÉBEC INNOVATIVE MATERIALS CORP.
"Raymond Wladichuk, P.Geo."
Chief Executive Officer
For further information, please contact:
Investor Relations
Tel: +1 (833) 474-5422
Email:
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