The Versatile Mineral Powering Our Technological Future
Management believes the unique properties of silica and the projected growth presents a potential exciting opportunity for investors looking to capitalize on the expanding demand for silica across various industries.
Management believes the unique properties of silica and the projected growth presents a potential exciting opportunity for investors looking to capitalize on the expanding demand for silica across various industries.
Cutting-edge Technology
Renewable Energy
Construction
Automotive
Health Care
US Critical minerals assessment³
Silicon as a Critical Mineral
The EU declared Silicon a critical raw material as a wide range of modern technologies depend on it to make various industrial and consumer products. ⁴ ⁵
Silicon was added to US Department of Energy (DOE) List of Critical Materials for Energy list in 2023. ⁶
Silicon metal was added to the Canadian critical minerals list in 2024. ⁷
Share by Region, 2022 (%)
Semiconductor and AI use²
In 2021, the global silicon market was valued at approximately $15.2 billion and is expected to reach $23.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.1%
Global Silicon Market
2018-2030 (USD Million)
As technology advances and the need for more efficient electronic devices increases
The Taiwan Semiconductor Manufacturing Company (TSMC) makes all of the world’s advanced AI chips. Most importantly, this means Nvidia’s GPUs; it also includes the AI chips from Google, AMD, Amazon, Microsoft, Cerebras, SambaNova, Untether and every other credible competitor⁸
Silicon: A Critical Mineral in Lithium-ion Batteries
The lithium-silicon battery market is poised for substantial growth:
48.4%
Global CAGR driven primarily by the EV sector.
49.0%
USA CAGR through 2034
1,150B
Market Value by 2034 a rise from $22.2B in 2024
Silicon is emerging as an important component in the evolution of lithium-ion batteries, particularly for electric vehicles (EVs).
Silicon Anodes Can Improve EV Battery Density and Extend Range Without Cost Increase¹⁴
Silicon has attracted attention from major automotive manufacturers, like Porsche, Mercedes, and GM investing in silicon-anode battery technology.¹³
Silicone Anode Battery Market
Incorporating silicon into battery anodes has the potential to drastically improve charge and discharge performance in everything from phones to cars¹²
Fast Growing Market
AI Chip Market⁹
$20.28B
AI chip market revenue in 2022
38.16%
Projected CAGR from 2023 to 2032
$513.97B
Estimated market size by 2032
Semiconductor Market¹⁰
$611.35B
Global market size in 2023
$681.05B
Projected market size in 2024
$2.06T
Estimated market size by 2032
Silica in Solar Panels: Fueling the Renewable Energy Boom
Silicon from high-purity quartz is essential for photovoltaic (PV) solar panels, representing the commercial value of silica purity.
