Business

Uragold Acquires High Purity SiO2 Properties and Closed Silicon Metal Mines in the Province of Quebec

(via Thenewswire.ca) Montreal, Quebec / TNW-ACCESSWIRE / May 22 2014 / Uragold Bay Resou...

articleHpq Silicon IncMay 22, 20145/company/hpq-silicon-resources-inc/news/uragold-acquires-high-purity-sio2-properties-and-closed-silicon-metal-mines-in-the-province-of-quebec
Uragold Acquires High Purity SiO2 Properties and Closed Silicon Metal Mines in the Province of Quebec

About this update from Hpq Silicon Inc

[{"type":"text","content":"Uragold Acquires High Purity SiO2 Properties and Closed Silicon Metal Mines in the Province of Quebec(via Thenewswire.ca)\n\n \nMontreal, Quebec / TNW-ACCESSWIRE / May 22 2014 / Uragold Bay Resources Inc. (\"Uragold\") (TSX Venture: UBR) is pleased to announce that it has acquired, through map staking, a strategic portfolio of high purity silica (+98.5% SiO2) deposits and closed silicon metal mines in Quebec.\n\n\n \nAbout Silicon Metal\n\n\n \nSilicon Metal is known as a semi-metallic or metalloid, having several of the characteristics of metals. It is derived from Silicon dioxide also known as silica (SiO2). Silica is most commonly found in nature as quartz. High purity quartz deposits (+98.5%SiO2) with low impurities are rare. Commercially produced metallurgical grade silicon metal is typically Si 98% pure and is notably produced in China, Russia, Brazil, Norway, South Africa and USA.\n\n\n \nMost metallurgical silicon metal is used as an alloying agent in the aluminum industry due to its ability to increase the strength of aluminum. Demand from the aluminum industry has grown steadily in recent years due to increased usage of aluminum in structural engineering, aircraft manufacture and the automotive industry. Silicon metal is used in the primary and secondary aluminum industry to improve the strength of aluminum. This ability of silicon metal is of importance to the automotive industry where components made from Aluminum Alloys provide a strong and lightweight replacement for heavier cast iron engine blocks and steel wheels. By reducing the weight in automobiles, fuel consumption decreases. As a result green house gas emissions are reduced which is a major contribution to conservation of the environment.\n\n\n \nIn addition, there is increasing demand for Silicon Metal from the solar power generating industry where solar panels are made from silicon, which use the sun's energy to produce domestic and industrial electricity. Silicon based polymers are also used as alternatives to hydrocarbon based products. They can appear in many every day products such as lubricants, greases, resins, skin and hair products. A more well known use of silicon is silicon chips, produced from semi-conductor grade silicon they are components in many every day electronic devices\n\n\n \nIncrease demand from the aluminum industry and a tightening ...

More updates from Hpq Silicon Inc