Silicon Mining News

Silicon eyed as way to boost electric car battery potential

About 500,000 electric vehicles (EVs) were sold globally in 2016, a figure that is expected to jump sevenfold by 2022 - U.S. Energy Information Administration

The coming demand for silicon

Optimistic and conservative projections both show wins.

Timminco announces amended and extended long-term contract for silicon metal supply

Timminco Limited ("Timminco") (TSX:TIM) announced today that its wholly-owned subsidiary, Bécancour Silicon Inc. ("Bécancour Silicon"), has signed a new, long-term silicon metal supply contract with one of its long-standing silicon metal customers. This new contract, which replaces all previous commitments with this customer for the years 2011 to 2014, provides for revised pricing retroactive to January 1, 2011 and extends the supply commitments through to the end of 2015. "The contract amendment with this long-standing customer will provide additional liquidity to Bécancour Silicon in the near term through higher pricing," said Mr. John Fenger, President and Chief Operating Officer of Timminco.