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2021 - General Discussion, page-4038

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canuck81

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08/08/21

11:53

Post #: 55118498
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Originally posted by dbd25: ↑

I have a small holding in a silica sand developer in WA, so I've done a bit of research on that emerging industry. I'd say the most attractive proposal I've seen relates to mining the high purity silica sands ~99.9% with low (<100ppm) Fe2O3, for use in the manufacture of solar panel cover glass in Asia. The silica sand prices are now increasing, but still relatively low (~US$150/t) compared to HPA. You'd have to ship a lot of sand to make any profit (>1Mtpa). The pricing increases rapidly with grade (e.g. 99.99%). Maybe if FYI could somehow produce top grade silica sand, they could generate some extra income. But I would have thought they'd be better to focus on reducing opex costs for 4N HPA, and especially 5N (and maybe 6N) since this is their main product.

All IMHO, DYOR

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I haven't performed a lot research into silica sand but I believe transportation costs have a large impact on margins given it's a high volume low cost product. There's a bit of a buzz on silica sand at the moment on twitter but I suspect a lot of this is due to people receiving free shares to promote it.

FYI Price at posting: 63.0¢ Sentiment: Buy Disclosure: Held
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Last 6.5¢		Change 0.004(6.56%)		Mkt cap ! $24.10M

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Price($)	Vol.	No.
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