REC Silicon (RECSI)

[polygon]

Tydelig mye dritt som var indiskontert i denne

Begynner å ligne på en shortsqueeze dette

[Prebs]

MCAP her sett opp mot guided EBIDTA har vært ekstremt lav da. Usikkerhet ved oppnåelse av guiding, men nå er man veldig nære noe konkret som kan regnes hjem.

Jeg mener iallfall kursen har vært kunstig lav med tanke på verdier i selskapet, og utsolgt på kontrakt for 10 år. De har rydda opp mye gammel rusk.

[TekBot]

REC Silicon and Sila Sign Long-Term Silane Supply Agreement

Moses Lake, Washington USA - September 19, 2024: REC Silicon Inc, a wholly
owned subsidiary of REC Silicon ASA (“REC”), a leading innovator in
solar-grade silicon and silicon materials, and Sila Nanotechnologies Inc.
…

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(“Sila”), a next-generation battery materials company, today announced a
multi-year supply agreement for Silane Gas.

Under the terms of the agreement, REC will supply Sila with high-quality,
US-produced silane for use in the production of Sila’s breakthrough anode
material, Titan SiliconTM, from its manufacturing facility in Moses Lake,
Washington.

The agreement marks a significant milestone for both companies. It represents
the first commercial agreement for REC’s high-purity Signature Silane® in the
EV battery market and ensures domestic supply of a scarce and critical
component to anode materials production for Sila.

“We appreciate the opportunity to support Sila and their production of
next-generation battery materials,” said Kurt Levens, CEO at REC Silicon.
“This agreement demonstrates the increasing demand for high-purity silicon
materials in the clean energy sector, and we are confident that our
collaboration will play a key role in accelerating the transition to electric
vehicles and highlight the benefits of working with an experienced, reliable
and consistent silane producer.”

The agreement ensures a stable and reliable supply of silane through 2031,
supporting Sila’s commitments to deliver Titan SiliconTM to auto customers
from Q4, 2025 and beyond. Sila’s customer contracts with Mercedes-Benz and
Panasonic as well as three additional customers yet to be publicly disclosed
will be fulfilled through Sila’s Moses Lake manufacturing facility.

“Our agreement with REC Silicon is a critical step in securing the raw
materials needed to deliver Titan SiliconTM to our auto customers for the long
haul,” said Gene Berdichevsky, Co-founder and CEO at Sila. “It also marks the
importance of ensuring domestic production and supply of a critical
next-generation material to support US manufacturing leadership in clean
energy.”

About Sila
Founded in 2011, Sila is a next-generation battery materials company with the
mission to power the world’s transition to clean energy. Sila shipped the
world’s first commercially available silicon anode for lithium-ion batteries
in 2021 and has since enabled battery performance enhancements in multiple
consumer electronics devices. Sila’s Titan Silicon anode will next power
electric vehicles, including an upcoming version of the Mercedes-Benz G-Class
and will be used within Panasonic Energy’s next-generation lithium-ion
batteries, which will also serve the automotive industry. Committed to
American leadership in clean energy production, Sila is scaling its technology
at its manufacturing facility in Moses Lake, Washington. Major financial
investors include 8VC, Bessemer Venture Partners, Canada Pension Plan
Investment Board, Coatue, Matrix Partners, Sutter Hill Ventures, and funds and
accounts advised by T. Rowe Price Associates, Inc.

Contacts

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-09-19 07:00 CEST.

Kilde

[recnan]

Fantastisk bra! Lå litt i kortene men fint med en bekreftelse. Shorterne må jobbe fremover nå!

[Chrishn]

Vet noen hva str på denne kontrakten er?

[recnan]

Uvisst men de har jo kontrakter med Mercedes og Pansonic så blir nok noen dollar i kassa fremover😉

[TekBot]

REC Silicon Update Regarding Qualification of Ultra-High Purity Polysilicon

Moses Lake, Washington USA – October 21, 2024: REC Silicon ASA (“REC Silicon”
or the “Company”) provides an operational update concerning the qualification
process for its first shipment of ultra-high purity polysilicon from the
…

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recently restarted silane-based high-purity granular production facility in
Moses Lake, Washington.

As reported in the notification on September 14, 2024, REC Silicon has
provided qualification material of ultra-high purity polysilicon to a third
party for testing. The testing of the material has been delayed due to
unexpected procedures by customs of the country where the testing will be
performed, which in turn has delayed the first shipment of product to our
customer compared to the previous timeline we had communicated. The Company is
working with testing organizations, the third-party testing partner and our
customer to expedite this process in any way possible, although the timing is
still uncertain due to the customs process and the associated timing window of
the third party.

The qualification process must be completed successfully before the customer
accepts the agreed modified specification for our product and the Company is
able to make its first shipment of product. As with any qualification process
of this sort, the outcome of the testing and hence our ability to deliver
product within a certain timeframe, remains a risk.

As a leading producer of silane gases and silicon materials, 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

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-10-21 07:24 CEST.

Kilde

[polygon]

Og nå følte de behov for å poengtere at “the outcome of the testing […] remains a risk”

[Basket]

hehe, nesten så man ikke tror hva de hoster opp i disse pressemeldingene, dukker alltid opp ett eller annet

[E24Bot]

Vi får tro at Recs gull sitter fast i tollen

Vi får tro at Recs gull sitter fast i tollen

[TekBot]

REC Silicon - Invitation to presentation of third quarter 2024 results

REC Silicon ASA (REC Silicon) will release its Q3 2024 results on Thursday, 7
November 2024, at 7:00 a.m. (CET).

…

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The same day at 8:00 a.m. CET, the company will host a videocast to present
the results. The live webcast from the presentation can be accessed at
www.recsilicon.com or with the following link:
https://channel.royalcast.com/landingpage/hegnarmedia/20241107_2/
(https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fchannel.royalcast.com%2Flandingpage%2Fhegnarmedia%2F20241107_2%2F&data=05|02||9c8bf23a1c394153e69408dceddc94cd|387e2ad2bbbe44a182b07c03b277902e|0|0|638646778895491759|Unknown|TWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D|0|||&sdata=KhqBzUg7%2BbRjJyMVY9p3LZtgxbpVXShxypxiRB%2FytwY%3D&reserved=0)

Following the presentation, it will be opened for questions from the audience.
The presentation and the following Q&A session will be in English.

Webcast participants need to register to post questions.

Contacts

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

Kilde

[TekBot]

REC Silicon Closing Short-Term Bridge Loan of USD 25 Million

Moses Lake, Washington USA - November 4, 2024: REC Silicon ASA (REC Silicon)
announced that its wholly owned subsidiary, REC Silicon Inc, and REC Silicon
Inc’s wholly owned subsidiaries have entered into a USD 25 million short-term
…

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loan with Hanwha International LLC.

This loan is for the purpose of supporting the capital needs of REC Silicon
until shipments of ultra-high purity FBR product commence.

The commercial terms of the loan are in line with the previously announced
loan with Hanwha International LLC as well as the existing facility loan
agreements. The maturity date for this loan will be February 4, 2025.

REC Silicon and Hanwha International LLC have also agreed to extend the
maturity date of the existing loan that was announced on August 2, 2024, until
February 2, 2025.

Hanwha International LLC is a subsidiary of the company’s two largest
shareholders Hanwha Solutions and Hanwha Corporation.

As a leading producer of silane gases and silicon materials, 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

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-11-04 21:12 CET.

Kilde

[Lucrum]

Er det noen som har en analyse eller take på hva valget vil bety for Moses Lake i USA med risiko for endringer av IRA med Trump på plass?

[TekBot]

REC Silicon - Third quarter 2024 results

Oslo, Norway - November 7, 2024: REC Silicon ASA (REC Silicon or Company)
reported third quarter 2024 revenues of USD 33.8 million compared to USD 37.7
million in the second quarter of 2024. The Company also reported an EBITDA
…

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loss of USD 42.7 million compared to an EBITDA loss of USD 38.2 million in the
prior quarter.

The Company reported EBITDA contributed by the semiconductor materials segment
of USD 0.4 million for the third quarter compared to USD 7.0 million for the
second quarter of 2024. The lower EBITDA contribution was due primarily to
lower sales and lower production stemming from a planned maintenance shutdown
of the Butte facility. However, the third quarter of 2024 was also positively
impacted by lower electricity costs for the quarter.

Silicon gas sales volumes for the third quarter were 515 MT compared to 654 MT
during Q2 2024. Total polysilicon sales volumes for the third quarter were 169
MT.

REC Silicon reported cash balances of USD 23.6 million on September 30, 2024,
compared to USD 37.6 million on June 30, 2024. The decrease in cash was
primarily a result of cash outflows from operating activities at the Moses
Lake facility due to a delay in polysilicon sales.

As previously announced, the Company’s qualification for material was delayed
by customs and there is uncertainty surrounding the timing for completion of
the process. As a result of this delay, the prepayment for the first delivery
and cash inflows from sales will be pushed out in time, which will impact REC
Silicon’s short-term liquidity and financial position. To address the
situation, the Company has reduced the utilization of the Moses Lake facility
to conserve liquidity. This is in addition to REC Silicon’s continuous review
of alternative options to ensure that the necessary financing of the Company’s
capital needs is met going forward.

“We are disappointed that the qualification test for our product has been
delayed and we are taking mitigating actions to manage the situation,
particularly in our operations. This delay together with the scheduled regular
maintenance shutdown at the Butte facility and reduced silicon gas sales
primarily due to the challenging PV market further decreased our financial
results for the quarter. To address the current and anticipated environment,
we are focusing on increasing gases sale opportunities and the Moses Lake
facility has been turned down to save on operating costs while we focus on
improving our quality”, said Kurt Levens, CEO.

For more information, please see the attached third quarter 2024 report and
presentation.

The Company will host a digital presentation of the results today at 8:00 a.m.
CET. The presentation can be accessed at www.recsilicon.com or with the
following link:
https://channel.royalcast.com/landingpage/hegnarmedia/20241107_2/

Following the presentation, it will be opened for questions from the audience.
Webcast participants need to register to post questions.

The presentation and the following Q&A session will be in English.

Contacts

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-11-07 07:00 CET.

Kilde

[Lucrum]

Analytiker frykter milliardemisjon i Rec Silicon

Asgeir Aga Nilsen

Rec Silicon-aksjen stupte 30 prosent på Oslo Børs torsdag, etter at selskapet varslet at det fikk et underskudd på 52,6 millioner dollar i tredje kvartal.

Samtidig meldte selskapet, som produserer silisium til solcelleindustrien, om en nedskalering av driften ved den kriserammede Moses Lake-fabrikken i USA.

Sparebank 1 Markets-analytiker Jonas Fremming frykter at Rec Silicon må gjøre en stor pengeinnhenting. I en analyse etter tallslippet kutter han kursmålet til 3 fra 6,5 kroner og gjentar en salgsanbefaling på aksjen.

– Vi reduserer våre estimater, ser en betydelig risiko for en stor emisjon, og er forsiktige med aksjen, skriver analytikeren.

Fremming trekker frem usikkerheten om Moses Lake og tidspunktet for de første leveransene fra fabrikken.

Meglerhuset beregner at Rec Silicon har et pengebehov på 100 til 150 millioner dollar, tilsvarende 1,1 til 1,6 milliarder kroner, hvis selskapet kan refinansiere rentebærende gjeld på 347 millioner dollar med forfall i 2025–2026.

– Vi ser ikke mer gjeld som en løsning og mener at det er nødvendig med en større emisjon, skriver Fremming.

[TekBot]

REC Silicon Qualification Material of Ultra-High Purity Polysilicon Clears Customs

Moses Lake, Washington USA - November 15, 2024: REC Silicon ASA (“REC Silicon”
or the “Company”) provides an update concerning the qualification process for
its ultra-high purity polysilicon from the recently restarted silane-based
…

Vis børsmeldingen

high-purity granular production facility in Moses Lake, Washington.

As reported on October 21, 2024, qualification material of ultra-high purity
polysilicon was delayed with unexpected procedures by customs in the country
where the qualification testing will be performed. The qualification material
cleared customs and is now available for the third party to test.

Although the testing is expected to commence soon, the exact schedule is
contingent upon the third party’s own production schedule. The Company
continues to work with the customer to determine the new schedule and where
possible expedite the qualification test. The Company does not expect to
receive the results of the qualification test for a minimum of four weeks but
will provide further information as it becomes available.

The qualification process must be completed successfully before the Company is
able to make its first shipment of product with a modified specification. As
with any qualification process of this sort, the outcome of the testing and
hence our ability to deliver product within a certain timeframe, remains a
risk.

As a leading producer of silane gases and silicon materials, 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

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-11-15 18:20 CET.

Kilde

[TekBot]

REC Silicon Publication of Frequently Asked Questions to the Company s Website

Moses Lake, Washington USA December 8, 2024: REC Silicon ASA (“REC Silicon” or
the “Company”) announces the publication of frequently asked questions and
accompanying answers (the “FAQ”).
…

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The FAQ relates to the previous stock exchange announcements published
regarding the qualification process for Ultra-High Purity Polysilicon,
responding to stakeholder requests on the topic and related processes.

The FAQ is available on the Company’s website
recsilicon.com/investor-relations/ and will be updated as needed.

Contacts

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

Kilde

[polygon]

Makan til passiv aggressivitet i den FAQen! Direkte konsekvens av den fanatiske Discorden dette tenker jeg.

Men mye god info der altså

[BudSpencer]

Selskapet er sikkert i ferd med å gå konk pga. IR-utgiftene (han er innleid).

[TekBot]

REC Silicon Results of Qualification Test

Moses Lake, Washington USA December 17, 2024: REC Silicon ASA (“REC Silicon”
or the “Company”) has now received the results from the qualification test for
its ultra-high purity polysilicon from the recently restarted silane-based
…

Vis børsmeldingen

high-purity granular production facility in Moses Lake, Washington.

The Company was notified yesterday by its customer of the results from the
qualification test that was completed earlier this month through a third-party
testing partner. Unfortunately, due to the impurity issues in the
qualification material sent, the customer deemed the test to be unsuccessful.
This was due to lower-than-expected levels of crystallization and the ingot
yield observed in the testing runs, which the customer deemed not to be
acceptable for their production process at this stage. The Company is in
discussions with its customer to determine the feasibility of another test
which will be contingent upon the Company making improvements in the
manufacturing process at Moses Lake. The timing and likelihood of achieving
the necessary improvements is uncertain at this point in time.

As a result of the unsuccessful qualification test, REC Silicon is reviewing
multiple strategic options. This may include additional operational
adjustments, contractual re-negotiations, and other mitigative actions.

REC Silicon continues to work on additional financing to ensure the Company’s
financial flexibility. The Company will provide additional operational and
financing details when such information becomes available.

Contacts

Nils O. Kjerstad
IR Contact
Phone: +47 9135 6659
Email: nils.kjerstad@recsilicon.com

About REC Silicon

REC Silicon is a global leader in silane based high purity silicon materials.
We combine 40 years of experience and best-in-class proprietary technology to
deliver on customer expectations. Our two U.S. based plants have a combined
production capacity of more than 30,000 MT of high purity silane gas. Our
Signature Silane® based products are used in everyday quality of life
technologies, emerging technologies, cutting edge power and memory devices,
high-voltage transmission, as well as renewables. REC Silicon is headquartered
in Lysaker, Norway and listed on the Oslo stock exchange under the ticker:
RECSI.

For more information, go to: www.recsilicon.com

This information has been submitted pursuant to the Securities Trading Act §
5-12 and MAR Article 17. The information was submitted for publication at
2024-12-17 20:10 CET.

Kilde