Business
5N Plus Partners with Rio Tinto for Domestic Supply of Critical Mineral Tellurium
5N Plus Partners with Rio Tinto for Domestic Supply of Critical Mineral Tellurium ...
About this update from 5n Plus Inc.
[{"type":"text","content":"\n \n \n \n 5N Plus Partners with Rio Tinto for Domestic Supply of Critical Mineral Tellurium\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n 5N Plus to refine and transform the tellurium in\n \n Montreal, Quebec\n \n and\n \n St. George, Utah\n \n \n \n for renewable energy, security and medical imaging applications\n \n \n \n \n \n MONTREAL\n \n \n ,\n \n \n May 11, 2022\n \n \n /CNW Telbec/ -\n \n 5N Plus\n \n Inc. (TSX: VNP) (\"5N Plus\" or the \"Company\"), a leading global producer of specialty semiconductors and performance materials, is pleased to announce that it has reached a commercial agreement with\n \n Rio Tinto\n \n to refine the tellurium to be produced at its Kennecott copper operation in\n \n Utah\n \n .\n \n \n \n \n \n \n \n \n \n The tellurium will be refined at the Company's\n \n Montreal\n \n facility in\n \n Quebec, Canada\n \n , and primarily used for the manufacturing of thin‐film photovoltaic (PV) modules by\n \n First Solar\n \n (NASDAQ: FSLR) under an existing semiconductor supply agreement between First Solar and 5N Plus. 5N Plus has been a key supplier to First Solar, a leading global provider of comprehensive PV solar solutions based in the U.S., since 2007. The tellurium will also be used to manufacture ultra-high purity semiconductor substrates at its facility in\n \n St. George, Utah\n \n , to serve clients in the security and medical imaging markets.\n \n \n \"As a leading global supplier of specialty semiconductors for applications in the renewable energy, security and medical imaging sectors, 5N Plus is proud to have secured this partnership with global mining group Rio Tinto. Our intention is to continue to pursue such strategic partnerships for the sourcing and refining of critical minerals in\n \n North America\n \n to the benefit of the critical industries we serve,\" said\n \n Gervais Jacques\n \n , President and Chief Executive Officer of 5N Plus.\n \n \n \"This agreement with 5N ...