Ultra High Purity Quartz (“UHPQ”) is used in the solar industry and other high-end applications including optical fibre and semiconductors. The significant growth in the solar industry and high end applications for UHPQ has resulted in high demand and stable high prices.
The global supply of UHPQ has been impacted by Hurricane Helene and security of supply for consumers has been impacted by US sanctions and tariffs. Vytas’ timing is well received by off take parties.