contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


rec-silicon-extension-of-usd-50-million-facility-loan

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

REC Silicon is a global supplier of advanced silicon material. The company supplies polysilicon and silicone gases for the solar and electronics industry. Manufacturing is mainly concentrated in North America, where the company has the majority of their production facilities. The company was founded in 1996 and is headquartered in Lysaker, Norway.

Reciltä Q1 tulosta. Tuloksen sijaan isona positiivisena tietona Moses Lakeen liittyvä aikataulu. Hanwha odotetusti ostamassa tuotantoa omiin tuotteisiinsa: https://newsweb.oslobors.no/message/563469 REC Silicon ASA (REC Silicon)  reported first quarter 2022 revenues of USD 34.6 million compared to USD 43.2  million in the fourth quarter of 2021. The Company also reported an EBITDA of  USD 3.6M compared to a loss USD 0.4 million in the prior quarter. Today, REC Silicon is announcing plans to restart production in Moses Lake,  Washington. We expect to realize first production during the fourth quarter of  2023 and reach full capacity utilization during 2024. The restart of production  is a direct result of Hanwha’s commitment to REC Silicon. We look forward to a  close relationship with Hanwha that allows REC Silicon access to Hanwha’s  strength and experience to unlock the value of REC Silicon’s unique position  with respect to solar energy materials, battery materials opportunities, and  semiconductor markets. We are currently discussing supplying Hanwha Solutions  with polysilicon and Hanwha Corporation with silane gas. These arrangements  would allow REC Silicon the opportunity to focus on manufacturing excellence and  to enhance market solutions through product development," said James A. May II,  CEO of REC Silicon.

Let’s bring this thread up again. Yesterday it was announced that Hanwha Corp., the background company of Q Cell, will increase its ownership in REC to one third in May: On 23 March 2022 Hanwha Corporation and Hanwha Solutions Corporation announced a new agreement to acquire the remaining 16.67 percent of the shares in REC held by AKH. Completion of this transaction is expected to occur in May 2022. Following this transaction Hanwha Corporation and Hanwha Solutions Corporation will own up to 1/3 of the shares in REC and become the largest shareholder in the company. About Hanwha: The Hanwha group is a leading business enterprise based in South Korea with USD 61 Bn. of revenue and USD 199 Bn. of assets. Hanwha Solutions Corporation, one of the key subsidiaries of the Hanwha group, is an PV supplier and manufacturer globally, operating the largest module production plant in the US and has also a significant presence in Europe through its Q CELLS division. Q CELLS is a leading supplier with the highest market share in the US residential market and commercial solar market with 24 percent and 21 percent, respectively, and will continue to invest to expand the renewable business in the US. And the rationale: During 2021 and 2022 market opportunities have increased significantly for REC to play a key role in restoring a domestic solar value chain in the US. This represents a potential for restarting the production of solar grade polysilicon with an ultra-low carbon footprint at the Moses Lake. Hanwha wishes to support the effort to reopen Moses Lake, to assist REC in assuming a position as a corner stone of the US solar supply chain. Hanwha’s ambition is to assist REC to reopen the Moses Lake factory from 2023. In addition, as a well-positioned supplier for silane gas, REC anticipates various investment opportunities with support from Hanwha. REC will certainly get an excellent main owner in Hanwha, and in my opinion, the reopening of Moses Lake next year can be considered very likely. Previously, REC itself has pursued this, but has strongly tied it to what happens in politics. Hopefully Hanwha will bring momentum to this, and surely the polysilicon for solar cells will go directly into the manufacturing of Q cell’s products.

Here’s a press release from Hanwha regarding investments: https://www.q-cells.us/na/main/mediacenter/newsroom/newsroom_view.html?page=1#hanwha-solutions-makes-16047-million-investment-in-rec-silicon-to-secure-lowcarbon-polysilicon-in-the-us Apparently, text cannot be copied from there, so you can read more there. The press release mentions the Solar Energy Manufacturing for America Act, which would provide a tax incentive for manufacturing solar cells. This initiative has apparently not yet been approved as law, but the situation, to my knowledge, is as follows (news from November. Approved in the House, but apparently still stuck in the Senate): https://www.ossoff.senate.gov/press-releases/news-u-s-house-passes-sen-ossoffs-solar-energy-manufacturing-for-america-act/ This morning the U.S. House of Representatives passed U.S Senator Jon Ossoff’s landmark Solar Energy Manufacturing for America Act . Sen. Ossoff’s will supercharge domestic solar manufacturing, create tens of thousands of good-paying jobs in Georgia and nationwide, help meet President Biden’s ambitious goal of having solar energy account for 40% of U.S. energy by 2035, and accelerate the transition to clean energy. Sen. Ossoff introduced the bill this summer as a part of his effort to make Georgia the national leader in clean energy technology manufacturing. “We have a generational and historic obligation to address climate change and transition from fossil fuel combustion to clean and renewable energy. Demand for solar energy is skyrocketing, and we need to be building and manufacturing this technology here in the United States, reduce our reliance on imports from China, and meet the moment,” Sen. Ossoff said. The bill will boost manufacturing by providing tax credits for American manufacturers at every stage of the solar manufacturing supply chain, from production of polysilicon to solar cells, trackers and inverters, and fully assembled solar modules.

Ja vielä Group14 tiedotetta marraskuulta:                   StoreDot and Group14 Technologies Partner to Enhance Extreme Fast Charging              StoreDot and Group14 Technologies Partner to Enhance Extreme Fast Charging    Founded to enable the coming electrification of everything, Group14's battery materials breakthrough brings new levels of energy performance to lithium-ion-powered devices and vehicles. Group14 serves the global transition to an all-electric future...                             Group14 Technologies, a global manufacturer of the active material used in advanced silicon-carbon anodes, and StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles, today announced a strategic partnership to leverage Group14’s proprietary lithium-silicon technology to accelerate time to market of StoreDot’s XFC lithium-silicon cells for electric vehicles. The current performance milestone demonstrates an energy density of 300Wh/Kg with over 700 cycles capable of being charged 0%-80% in 10 minutes. StoreDot, a pioneer of XFC technology, whose investors include BP, Daimler AG, TDK and Samsung, has revolutionized the conventional lithium-ion battery by designing a battery cell based on a silicon-dominant anode with its proprietary synthesized compounds. The XFC technology overcomes the major barrier that currently prevents consumers from adopting electric vehicles - range and charging anxiety. “We are extremely excited by the prospects of this partnership with Group14. This partnership will give StoreDot the potential to accelerate the time to market of our XFC cells and reduce battery cost which can eventually be passed onto customers,” said Dr. Doron Myersdorf, StoreDot CEO and co-founder. “It supports our mission of making it easier for consumers to adopt zero-emissions electric vehicles, contributing to a cleaner net-zero world.” Silicon has been pursued extensively as the promising battery chemistry that enables greater energy density. The commercial leader in lithium-silicon battery materials, Group14’s proprietary technology complements StoreDot’s XFC technology in EV batteries as a solution to overcome known range and charging anxiety. Group14 counts SK materials, ATL, BASF, Showa Denko and Cabot Corporation as partners in its mission to deliver on the electrification of everything from consumer electronics to EVs and more. With commercial-scale Battery Active Materials factories in the U.S. and South Korea – the latter as part of its joint venture with SK materials – Group14 is poised to deliver quantities of its mass-market product SCC55™ required to meet the demand from the automotive industry. “As we scale new technologies to meet growing demand in the EV sector, one factor we cannot overlook is the importance of lowering the barrier to entry to EV ownership,” said Rick Luebbe, CEO and co-founder of Group14 Technologies. “We see the partnership with StoreDot as a union of the best of both worlds: high energy density and extreme fast charging, both critical elements of the electrification equation that consumers are demanding. With a solution that addresses both of these concerns, we now can forge a pathway to the electrification of everything.”

Hanwhan sijoitus Reciin saatu päätökseen: https://newsweb.oslobors.no/message/551353 Reference is made to the announcement on 18  November 2021 regarding the entering into an agreement between REC Silicon ASA  (“REC Silicon” or the “Company”), Hanwha Solutions Corporation (“Hanwha  Solutions”) and Aker Horizons ASA, through its subsidiary Aker Horizons Holding  AS (“Aker Horizons”) pursuant to which REC Silicon shall issue, and Hanwha  Solutions shall subscribe for, 48,213,001 new shares (the “New Shares”) in REC  Silicon at a subscription price of NOK 20 per share, totalling approximately NOK  964 million in proceeds in a directed share issue (the “Share Issue”) and Aker  Horizons shall sell and Hanwha Solutions shall acquire 21,891,275 existing  shares in the Company (the “Share Purchase”) at a price of NOK 20 per share  simultaneously with the Share Issue. At completion of the Share Issue and Share  Purchase (the “Transactions”), Aker Horizons and Hanwha Solutions will each own  approximately 16.67 percent of the shares in REC Silicon. The waiting period to object to the transaction or request additional  information in connection with the requisite filings pursuant to the Hart-Scott-  Rodino Antitrust lmprovements Act of 1976 to US Federal Trade Commission and US  Department of Justice has now expired, and accordingly all conditions for  completion of the Transactions have been satisfied. The Transactions are  expected to be completed on or about 19 January 2022. The Transactions are expected to strengthen REC Silicon’s financial position and  ensure that the Company has the necessary resources to reopen its FBR facility  in Moses Lake, Washington, and enable valuable investment opportunities in  Butte, Montana. Hanwha Solutions’ strategic investment in REC Silicon represents  a step towards establishing a highly efficient, low carbon solar value chain in  the US and to ensure that REC Silicon plays an integral role in these efforts.  Hanwha Solutions’ knowledge, expertise, and capabilities are expected to enhance  REC Silicon’s ability to take advantage of opportunities and developing markets  in the solar, semiconductor, and battery industries. A US value chain for solar  PV manufacturing will result in the creation of demand for solar grade  polysilicon, which the Company expects will result in the restart of the  manufacture of high quality, low-cost solar grade granular polysilicon in Moses  Lake, Washington.

Here’s a summary from PV-Magazine:                   pv magazine International              Hanwha Solutions buys 16.67% stake in REC Silicon    The investment made by the South Korean group should help REC Silicon restart polysilicon production at its US factory in Moses Lake in 2023.                             I jumped on board with a higher risk than what today’s information relative to ML’s opening suggests, with the share price now very close to my own entry. In other words, there’s still time for those following the thread to familiarize themselves with the topic and draw their own conclusions.

News Powered by Cision              Aker Horizons and Hanwha Solutions Join Forces in REC Silicon to Explore US...    Aker Horizons ASA’s wholly owned subsidiary Aker Horizons Holding AS (“Aker Horizons”) has today                             Onnen päivä Recille. Ja huomatkaa preemio suhteessa päätöskurssiin n. 15 NOK. Osake ollutkin haltissa koko aamun tätä kirjoitettaessa Aker Horizons ASA’s wholly owned subsidiary Aker Horizons Holding AS (“Aker Horizons”) has today entered into an agreement with South Korea’s Hanwha Solutions Corporation (“Hanwha Solutions”), one of the leading solar PV manufacturers in the US, and with REC Silicon ASA (“REC Silicon”). Hanwha Solutions will acquire 21,891,275 shares in REC Silicon from Aker Horizons and will subscribe for 48,213,001 new shares in REC Silicon through a private placement in REC Silicon. Both transactions are conditional upon each other and will be completed simultaneously, and are done at the same share price of NOK 20 per share. The private placement will provide approximately NOK 964 million in proceeds to REC Silicon, and will be implemented based on the existing authorization granted to the board of REC Silicon. The share sale will provide proceeds to Aker Horizons Holding AS of approximately NOK 438 million. Following the transaction, Aker Horizons and Hanwha Solutions will each own approximately 16.67 percent of the shares in REC Silicon

REC Silicon

Moses Lake, Washington USA – June 16, 2025: REC Silicon Inc, a fully owned subsidiary of REC Silicon ASA (“REC Silicon” or the “Company”) has extended its USD 50 million facility loan from Standard...

<div class="mfn-body"><p>Moses Lake, Washington USA – June 16, 2025: REC Silicon Inc, a fully owned subsidiary of REC Silicon ASA (“REC Silicon” or the &nbsp;“Company”) has extended its USD 50 million facility loan from Standard Chartered Bank in New York on identical terms as the existing facility loan.&nbsp;<br>&nbsp;<br>The facility is fully guaranteed by REC Silicon's largest shareholder Hanwha Solutions and will mature on June 30, 2026.&nbsp;<br>&nbsp;<br>Moving forward, REC Silicon is focused on increasing sales of its silicon gases, reducing costs and optimizing production at the Butte facility. REC Silicon’s legacy business is a leading producer of silicon gas and has a strong market position for silane and specialty gases in the semiconductor, FPD and solar PV industries. Further, maintaining silane capacity at Moses Lake in a recoverable mode gives the Company the flexibility to leverage future customer demand for Silicon Anode or other gases. The Company is working to capitalize on these industry presences and ultimately return to profitability.<br>&nbsp;<br>REC Silicon does not have sufficient available cash to meet debt service and other anticipated operating cash flow requirements for this year without the continued support of the major shareholder, Hanwha, or additional sources of capital. Therefore, it will soon require additional financing beyond this loan extension either from Hanwha or from other sources of capital, none which have yet been finalized or guaranteed.<br>&nbsp;<br>As previously disclosed, REC Silicon continues to evaluate and look for other financing options and mitigative actions. However, the timing and feasibility of such options are uncertain.</p></div><div class="mfn-footer mfn-contacts mfn-23814b97110b"><p><strong class="mfn-heading-1">Contacts</strong></p><hr><p>Nils O. Kjerstad<br>IR Contact<br>Phone: +47 9135 6659<br>Email: nils.kjerstad@recsilicon.com</p></div><div class="mfn-footer mfn-about mfn-c82a3874f837"><p><strong class="mfn-heading-1">About REC Silicon</strong></p><hr><p>REC Silicon is a leading producer of advanced silicon materials, delivering high-purity silicon gases to the solar and electronics industries worldwide. We combine over 40 years of experience and proprietary technology with the needs of our customers. Listed on the Oslo Stock Exchange (ticker: RECSI), the Company is headquartered in Lysaker, Norway.</p><p>For more information, go to: <a rel="noopener" href="http://www.recsilicon.com">www.recsilicon.com</a></p></div><div class="mfn-footer mfn-regulatory mfn-regulatory-nsta"><p><em>This information is subject to disclosure under the Norwegian Securities Trading Act, §5-12. The information was submitted for publication at 2025-06-16 20:05 CEST.</em></p></div><div class="mfn-footer mfn-attachment mfn-attachment-general"><p><strong class="mfn-heading-1">Attachments</strong></p><hr><p><a rel="noopener" href="https://storage.mfn.se/c5a84a58-3e64-4693-afbd-bc99b4ec7148/rec-silicon-extension-of-usd-50-million-facility-loan.pdf" class="mfn-generated mfn-primary">REC Silicon - Extension of USD 50 million Facility Loan</a></p></div>