EPM eclipse metals limited.

Ann: High-Grade Quartz Delineated Below Ivittuut Pit, page-39

  1. 4,034 Posts.
    lightbulb Created with Sketch. 1010
    Spent the weekend doing research, and this will probably give you all a headache, -- but don't worry no exam after this.

    The website provides a better understanding on the higher end 99.99999999% (9N), Silica grade.
    https://www.bernreuter.com/polysilicon/manufacturers/
    It's almost like "mining" for cryptocurrency, where the cheapest power and biggest processing plant wins. We are not in that game - thankfully; it's bloody ruthless at the top.

    It details the major companies that go about crazy with UHPQ silica (Polysilicon). But this is very very power intensive; so even at these prices it ultra competitive for couple bucks cost base (per kg) and only possible with processing plants next to a Power Plant (or even self-own dedicated power plant, or hydro etc).
    It's currently being dominated by China at the moment.

    Note MT (is metric Ton)

    https://hotcopper.com.au/data/attachments/3083/3083523-d2d50fc8ceaec12caff1c781c7cb5618.jpg

    We are obviously positioned in European Market at the moment. So I found this report about "non-critical" commodities quite interesting. Pertaining to silica sands (and Quartz) on pages 462 - 474, it likely gives a better appreciation of the market place. Which iterates Silica Sand in around 30 - 300 Euro per ton (where Quartz is on the higher band)
    https://ec.europa.eu/docsroom/documents/42883/attachments/3/translations/en/renditions/native

    https://hotcopper.com.au/data/attachments/3083/3083618-e22527824c64b7e6322cad9cf5458536.jpg

    There are handful of smelters in Iceland. Being supplied with cheap hydro electric and geothermal:
    https://hotcopper.com.au/data/attachments/3083/3083639-d667241255920500e7d565c18a2121d2.jpg

    https://hotcopper.com.au/data/attachments/3083/3083660-31cf2850255116a704de216bdd866e9f.jpg
    Makes sense now that particular through away sentence about iceland, as it ticks the boxes to leverage the Silica market (in very green way)




    Last edited by Zhc003: 12/04/21
 
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