Sinova’s Quartz Quarry Reopens to Address Mineral Shortage in North America

May 14, 2025

14 May 2025, Edmonton, Canada

Sinova Global, the North American silicon metal production company with operations in Canada and the USA (“Sinova”), is pleased to announce that it is re-opening the Sinova Quartz quarry (“Sinova Quartz”) near Golden, British Columbia.

The quarry is fully permitted and benefits from immediate available connection to road and rail infrastructure for ease of transport to the site of Sinova’s silicon metal plant under construction in Tiptonville, Tennessee, USA.

As one of the world’s only 99.8% pure hard rock quartz deposits, Sinova Quartz’s output will be used in the production of high quality and high purity silicon metal to support the drive for North American sourced critical minerals. Silicon metal is an essential component in aluminum and steel manufacturing, grid storage, semiconductor technology and solar energy generation.

Sinova has engaged Speers Construction Inc (“Speers”), a Jim Dent Company, to lead theconstruction project and related quartz extraction work. Speers is a local contractor with deep ties to the community. They have extensive experience with quartz operations.

After conducting numerous and extensive environmental studies, Sinova’s construction and operational plans have been developed to avoid, minimize and mitigate adverse environmental impacts. These plans include safety, vegetation, wildlife, soil, erosion and sedimentation, fugitive dust, archaeological chance find procedures, traffic and water.

Sinova Global’s President and Chief Executive Officer, Jayson Tymko, said:

“We are pleased to be re-opening the quarry after many years of careful planning and permitting. This is a significant step forward in facilitating a secure supply chain for this much needed material in a way that can create lasting value for both our global partners and our local community.”

Chad Slee, Vice President of Resource Operation for Sinova Quartz, said:
“Speers shares our commitment to meeting high safety standards and maintaining open, engagement with all stakeholders, particularly our local community in Golden. Together, we will maximise the positive economic and social impact that Sinova Global is generating in British Columbia.

Michael Speerbrecker, CEO of Speers Construction, said:
“We are delighted to be working on this landmark project in British Columbia which unlocks the potential for many downstream industries to benefit from Sinova Quartz’ exceptional resource. Like the Sinova team, we value our people, their safety and responsible ecological practice.”

For further inquiries:
Sinova Global
Jayson Tymko, President and Chief Executive Officer
+1 (780)328-6542
info@sinovaglobal.com
www.sinovaglobal.com
Michael Oke/Andy Mills
+44 (0) 207 321 0000
sinova@aura-financial.com

Notes to editors:
About Sinova Global
Our vision is to be the leading North American supplier of high-purity silicon metal, a critical component of a low carbon, green economy. Our mission is to generate attractive, sustained financial returns and to demonstrate benefits to society by providing an essential building block to industries at the forefront of a global transition to sustainable energy. We aim to achieve our mission by supplying silicon metal products that are vital to the production of electric vehicles, computer chips and photovoltaic solar cells.

About Speers Construction Inc
Speers Construction Inc. is a family-owned business that has been providing exceptional construction services for over 60 years. Over the last 15 years, Speers has worked on Run-of-River hydro projects, CP rail projects, numerous civil projects, and contributed to the development of Revelstoke Mountain Resort. The company’s many years of experience have developed a reputation for providing outstanding performance, exceptional service and exceeding the needs of its clients.

Disclaimer – Forward-Looking Statements
Some of the statements in this press release may be forward-looking in nature (including estimates, forecasts and projections including, without restriction, regarding future performance, industry developments, and product markets),
or statements and/or expressions of future expectations, in each case based on currently available information (collectively, “forward-looking statements”). Such forward-looking statements (i) are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict, (ii) reflect various assumptions concerning future industry performance, general business, economic and regulatory conditions, market conditions for Sinova’s products and other matters, which assumptions may or may not prove to be correct, (iii) are inherently subject to significant contingencies and uncertainties, many of which are outside the control of Sinova, and (iv) shall not be regarded as a representation by Sinova that the event, goal, action or occurrences referenced or otherwise contemplated therein will be achieved or occur. Actual results may differ from expectations conveyed in forward-looking statements due to changes caused by various risks and uncertainties, and those variations may be material. Such risks and uncertainties include but are not limited to changes of general economic conditions, changes in the performance of financial markets and future market conditions, unusual catastrophic loss events, performance or non-performance of third parties contractual obligations or otherwise, changes in the capital markets, acts of God, acts of terrorism, acts of war and pandemics, changes in laws and regulations particularly those affecting Sinova’s operations, and other circumstances that may cause the actual events or results to be materially different from those anticipated by such statements. Sinova does not make any express or implied representation or warranty as to the accuracy, completeness, or updated status of such statements. Forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, Sinova expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Sinova’s expectations with regard thereto, or any change in events, conditions or circumstances on which any such statement is based. Readers must conduct their own independent investigation of those matters that a reader deems appropriate or necessary without reliance upon Sinova or any forward-looking statement. Therefore, in no case whatsoever will Sinova and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.

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