- HPQ Silicon Resources (HPQ) has filed a provision patent, following promising early results of its long-awaited new anode material
- Early results appear to show HPQ’s anode outperforming the industry standard in cycling tests and power response
- Following the strong results, HPQ has filed a provisional patent for the technology, which it hopes to one day market to lithium-ion battery developers
- HPQ is developing the PUREVAP Quartz Reduction Reactors, which produce the high purity silicon used in the anodes from base quartz, in pantership with recent TSX favourite Pyrogenesis (PYR)
- HPQ Silicon stock is up 4.6 per cent and is trading at C$0.91 per share
HPQ Silicon Resources (HPQ) has filed a provision patent, following promising early results of its long-awaited new anode material.
Recent studies performed by at the Centre Énergie Matériaux Télécommunications tested the prototype anode’s, produced through HPQ’s Gen2 PUREVAPTM technology, against industry standard electrodes.
Early results appear to show HPQ’s anode outperforming the industry standard in cycling tests and power response. Current modelling shows the HPQ anode performing up to four times better than the industry’s current graphite at maintaining gravimetric capacity after up to 100 charge/discharge cycles.
Following the strong results, HPQ has filed a provisional patent for the technology, which it hopes to one day market to lithium-ion battery developers.
In a public statement, Bernard Tourillon, President and CEO HPQ Silicon, championed the filing as another demonstration of the company’s “multi-prong approach” to becoming a key silicon-based material provider for the battery industry.
“Silicon’s potential to meet energy storage demand is undeniable, generating massive investments, and serious industry interest. We are very confident that demand for the Silicon materials we will produce, with our low-cost scalable processes, will be high demand by batteries and EV manufacturers in this renewable energy revolution,” he added.
HPQ is developing its PUREVAP Quartz Reduction Reactors, which produce the high purity silicon used in the anodes from base quartz, in tandem with recent TSX favourite Pyrogenesis (PYR).
The news caps off an incredible year’s trading on the TSXV, with news of the company’s battery technology sending shares up more than 1000 per cent since May.
Currently, HPQ Silicon Resources is up 4.6 per cent and is trading at C$0.91 per share at 10:11am EST.