HPQ is as rare as regular quartz is common.
High-purity quartz/silica, commonly known as HPQ, is naturally characterized by extremely low concentrations of impurities, resulting in a material composed almost entirely of silicon and oxygen. High purity Quartz / silica enters into the production of the following products :
Energy & Solar Technologies, Semiconductor & Electronics, Telecommunication & Optics, Industrial & Chemical Applications, Consumer & Everyday Products.
Baie-Johan-Beetz Deposit: a game changing propriety.
PAL Quartz deposit situated in Canada, in the municipality of Baie-Johan-Beetz in the province of Quebec. About 68% of the world’s highest-grade of High-Purity Quartz/Silica sand comes from two companies exploiting the same Spruce Pine (USA) deposit.
PAL Quartz has the potential to change the entire High Purity Quartz/Silica industry by becoming an alternative source to the Spruce Pine deposit.
‘’It is rare, unheard of almost, for a single site to control the global supply of a crucial material,”
“Yet if you want to get high-purity quartz, the kind you need to make those crucibles without which you can’t make silicon wafers, it has to come from Spruce Pine’’
Material World, by Ed Conway
PAL Quartz
Quartz is a Canadian Company that has the exclusive mining rights over the High Purity Quartz/Silica deposit situated in Baie Johan-Beetz (QC, Canada).
An opportunity to become a leader of a growing market
High Purity Quartz / Silica (HPQ) sand is a continuously growing market, with a projected CAGR of 23.5% during the forecast period 2020-2030.
The global HPQ sand for the Fused Silica market is dominated by 3 players controlling 92% of sales. These companies are investing heavily to expand their production capacity in response to growing demand, as HPQ sand has become a bottleneck in the solar panel manufacturing industry.
In this highly concentrated market, PAL’s property represents a game changing deposit that will affect the entire market.