Regulatory Filings • Mar 25, 2024
Regulatory Filings
Open in ViewerOpens in native device viewer
REC Silicon Moses Lake re-start update
Moses Lake, Washington USA -- March 25, 2024: REC Silicon ASA ("REC Silicon"
or the "Company") provides an operational update for the recently restarted
silane-based high-purity granular production facility in Moses Lake,
Washington.
The ramp up activities of the Moses Lake production facility are progressing.
The production of high purity granular polysilicon continues to increase in
line with our expectations and the silane unit is operating well. The Company
maintains its ambition to gradually ramp up production to full capacity by the
end of 2024.
The Company has previously indicated a first shipment of product by the end of
the first quarter 2024. Minor delays in the completion of the new
postproduction treatment, packaging and handling lines have compressed the
timeline for required testing and optimization and the Company now anticipates
that the first shipment will occur in early Q2 2024.
REC Silicon continues to look for opportunities to improve the shipment
schedule while maintaining its focus on increasing the capacity utilization of
the production units.
As a leading producer of silane gases and silicon metals, REC Silicon is
well-positioned to capitalize on the global megatrends of digitalization,
energy transition, and energy storage. The Company has developed a strong
market position in the Semiconductor industry based on its operations in
Butte, Montana. The successful restart of Moses Lake operations will enable
REC Silicon to provide ultra-high purity polysilicon to the US solar value
chain currently under construction while the Company also expects to supply
silane gas in significant volumes for anode materials to a fast-growing
battery industry.
Contacts
------------------------------------------------------------------------------
Jack Yun
CFO, REC Silicon
Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: [email protected]
About Us
------------------------------------------------------------------------------
REC Silicon is a leading producer of advanced silicon materials, delivering
high-purity polysilicon and silicon gas to the solar and electronics
industries worldwide. We combine over 30 years of experience and proprietary
technology with the needs of our customers, with annual production capacity of
more than 20,000 MT of polysilicon from our two US-based manufacturing plants.
Listed on the Oslo Stock Exchange (ticker: RECSI), the Company is
headquartered in Lysaker, Norway.
For more information, go to: www.recsilicon.com
This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 19 no. 3. The information was submitted for publication
at 2024-03-25 08:00 CET.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.