Canada-Based Sinova Global Plans Tiptonville, Tennessee, Silicon Metal Refining Plant
The company will locate in Lake County, Tennessee’s most distressed county, state officials noted.
Located in the Lake County Industrial Park, a Select Tennessee Certified Site, the facility will be adjacent to Port of Cates Landing, which will help facilitate direct access to Sinova’s wholly owned quartz deposit in Golden, British Columbia. The silicon metal produced at the plant will be supplied to major industrial consumers and used to manufacture silicon anode batteries, solar cells, semiconductors and aluminum.
“Sinova is excited to join the Tennessee business community in Lake County. The huge support we have received from all levels of government was an important factor in our decision to select Tiptonville as the site for our new, state-of-the-art silicon metal plant. Tennessee’s attractive business environment, integrated supply chain, skilled workforce, and supportive regulation means we can rapidly develop our operations to supply the growing energy storage, solar power, aluminum and EV markets. We look forward to growing alongside the community as we create an essential element necessary for the clean energy transition,” Jayson Tymko, CEO, Sinova Global noted.
Sinova Global owns a fully permitted quartz deposit in British Columbia that has more than 25 years of high purity quartz available. With multiple uses, the company’s quartz is an ideal material for manufacturing the elements that make up silicon anode batteries, solar panels and semiconductor components, once transformed into silicon metal. Sinova’s quartz is the foundation for the creation of silicon metal, which is an essential building block of the clean energy transformation.
“Canadian companies have committed to invest more than $750 million in Tennessee over the last five years. We appreciate Sinova Global for choosing Lake County for this project, as it will make an enormous impact on our state’s most distressed county and those that live in the region. The company’s $150 million investment in Tiptonville will not only expand Sinova’s global footprint, but also enhance the business climate and economic status in Lake County,” TNECD Commissioner Bob Rolfe said.
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