PyroGenesis Announces Improved Economics for Fumed Silica Reactor Project - Seite 2

The salient points of the internal economic study indicate that the FSR will have: 

• Capex between US$ 9.00 and US$ 10.00 cost per Kg of annual capacity ^[5] 
• Energy consumptions between 10 –15 KWh per Kg of Fumed Silica ^[6] 
• EBITDA margins between 60% and 65% ^[7] 
• Payback period per 1,000 TPY Reactor of around 1.7 years ^[8] 

“If these salient points of the internal economic study are proven out, then HPQ will be able to build facilities with significantly lower CAPEX and energy consumption while generating significant margins,” said Mr. P. Peter Pascali, President and CEO of PyroGenesis. “The payback of approx. 1.7 years will enable them to roll out significantly faster and with less capital. Not only does this speak for significant financial gains, but given this revolutionary plasma-based technology eliminates all harmful chemicals, it is environmentally friendly. It also underscores PyroGenesis' commitment to sustainable development. This once again, reflects the potential of HPQ Polvere's fumed silica reactor which we developed, and aligns perfectly with our commitment to environmental responsibility. Conventional fumed silica processes, which rely on silicon metal (Si) as raw material, not only have a significant carbon footprint of around 9.5 tonnes of CO₂ equivalent per tonne of fumed silica, but also present complex process challenges which include, but are not limited to, using hazardous materials.^[9] These latest economic and technical indicators provide more evidence that the technology developed by PyroGenesis for HPQ Polvere will offer significant economic and environmental advantages over conventional manufacturers – improving profitability, but also reducing the environmental footprint associated with fumed silica production.”

PyroGenesis is an exclusive service provider for HPQ Polvere in respect of the FSR project. As part of the terms on their commercial engagement, PyroGenesis will receive royalty payments representing 10% of HPQ Polvere’s eventual sales, with set minimums. In addition, PyroGenesis may, at any time, convert its right to this royalty stream into a 50% ownership stake in HPQ Polvere remaining equity in HPQ Polvere.

PyroGenesis’ involvement in developing fumed silica from quartz is part of PyroGenesis’ three-tiered solution ecosystem that aligns with economic drivers that are key to global heavy industry. High-purity silicon is part of PyroGenesis’ Commodity Security & Optimization tier, where the recovery of viable metals and the optimization of production to increase output helps to maximize raw materials and improve the availability of critical minerals. Silicon has been identified as a critical mineral by many governments worldwide.