HPQ-Silicon Resources ( (TSE:HPQ) ) has provided an announcement.
HPQ Silicon Inc. announced plans to begin commercial production of fumed silica by Q4 2025, positioning itself as Canada’s first domestic supplier. This move comes amid escalating U.S. tariffs and potential countermeasures, which are expected to disrupt supply chains and increase costs for imported materials. The company’s Fumed Silica Reactor technology aims to reduce reliance on imports, providing a stable supply for Canadian manufacturers and mitigating the impact of unpredictable trade policies.
More about HPQ-Silicon Resources
HPQ Silicon Inc. is a technology company specializing in green engineering processes. It focuses on producing fumed silica, a high-performance industrial material used in various applications such as cosmetics, paints, lithium-ion batteries, adhesives, and reinforced polymers.
YTD Price Performance: -21.15%
Average Trading Volume: 220,311
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$81.42M
Learn more about HPQ stock on TipRanks’ Stock Analysis page.
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