Tehdäänpä tällekin oma ketjunsa. @_ANDY nosti mielenkiintoisen artikkelin yhtiöön liittyen ja itse ainakin innostuin tutustumaan lisää. Eli:
Yhtiö itse kuvailee itseään näin:
REC Silicon ASA is a leading producer of advanced silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries worldwide. We combine over 30 years’ experience and best-in-class proprietary technology to deliver on customer expectations. Our two U.S. based plants have a capacity of more than 20,000 MT high-purity polysilicon.
Mielenkiintoisen yhtiöstä tekee se, että yhtiö valmistaa silaanikaasua, jota pystyttäisiin käyttämään tulevaisuuden akuissa. Myös aurinkokennojen määrän kasvu pitäisi sataa yhtiön laariin. Lisää tietoa oheisesta artikkelista:
Yhtiöllä myös jo soppari silaanin käytöstä ainakin group 14 -nimisen yhtiön kanssa:
Rec siliconin hallitusta rukataan. Vanhoja tekijöitä Akerin emoyhtiöstä. Akerhan siirsi tämän omistukset Aker Horizonsille ennen yhtiön listaamista:
Aker Horizons proposes that the board of directors of the Company is amended, to be constituted by Kjell Inge Røkke (chair), Annette Malm Justad (deputy chair), Audun Stensvold and Lene Landøy. The Company will make the calling notice for the EGM within the time limits of the Act.
Otetaan tälle aamulle vielä pari uutista yhtiöön liittyen tammikuulta:
Sila Nanotechnologies er allerede i dag kunde av REC, men kun av små testvolumer fra selskapets anlegg i Moses Lake i USA. Nå kan det være duket for monsterleveranser til batteriannodeprodusenten.
For Sila annonserte tirsdag at det hadde hentet 590 millioner dollar der pengene skal gå til å finansiere planleggingen av en ny batterifabrikk i Nord-Amerika med anoder basert på silangass. Målgruppen er markedet for smarttelefoner og biler.
Meglerhuset konkluderer med at REC vil kunne nå EBITDA på 319 millioner dollar ved en silangasspris på 22 dollar pr. kilo, og at det gjør at REC-aksjen sannsynligvis er verdt mer enn 50 kroner aksjen hvis silanbaserte anoder blir standarden i bilbransjen.
Ferske aksjonærlister viser at det er gigantfondet DNB Teknologi, nest største eier i REC Silicon, som er den desidert største nettoselgeren om dagen. Bare i forrige uke reduserte fondet posisjonen med 2,4 millioner aksjer. Hittil i år har fondet solgt 6,5 millioner REC Silicon-aksjer, og eier nå rundt 9 millioner aksjer.
Men mens forvalterne i DNB Teknologi selger seg ned, finner vi andre DNB-fond på listen over de største nettokjøperne i REC Silicon hittil i 2021. Stjernefondet DNB SMB har økt sitt eierskap med 3,1 millioner aksjer i år. DNB Grønt Norden og DNB Miljøinvest har tilsammen nettokjøpt 2,3 millioner aksjer i REC Silicon.
Andre store nettokjøpere i REC Silicon i den seneste tiden er blant andre Dean Zuzic, gjennom sitt investeringsselskap Fazaju. Zuzic jobber til daglig som finansdirektør i AqualisBraemar. Han har kjøpt 1,4 millioner aksjer i år, og eier nå 4,3 millioner aksjer til en verdi av rundt 76 millioner kroner.
REC Silicon ASA (REC Silicon) reported fourth quarter 2020 revenues of USD 36.0 million versus USD 30.3 million in the third quarter of 2020 and EBITDA of USD 1.9 million versus USD 17.9 million in the prior quarter. Third quarter EBITDA included a noncash adjustment of USD 16.0 million due to settlement of the property tax dispute announced on October 14, 2020.
“Once again, the Company has reported consistent financial results for the fourth quarter. The Semiconductor market has recovered after the Covid-19 weakness and the demand for REC Silicon’s semiconductor silicon gas and polysilicon are expected to be stronger through 2021. At the same time, we see that the PV market continues its strong growth and will require additional polysilicon capacity to meet anticipated demand. This is very encouraging for our ambition to establish a “low carbon solar value chain” in the EU and the US to support these attractive solar markets. At the same time, we have made progress in the discussions with battery companies concerning the use of Silane in making a more efficient batteries, so I am very optimistic that our effort to build a profitable portfolio to restart our USD 1.7 billion plant in Moses Lake will be successful,” said Tore Torvund, CEO of REC Silicon.
Hyvä osari Reciltä semiconductor pitää tulosta yllä, mutta hillotolppa odottaa akkupuolella, jossa siinäkin toimarin mukaan edistytty. Nyt vaan odotellaan maaliskuun yhtiökokousta ja sen jälkeistä mahdollista uutisointia
Painostus Kiinaa kohtaan kovenee koskien uiguuriheihin kohdistettuja oikeudenloukkauksia Kiinassa. Mm. pakkotyötä on esiintynyt, johon edellinen NY Timesin uutinen liittyi. Rec Siliconilla valttina länsimaissa ihmisoikeuksien kunnioittaminen.
Arctic Securities oppjusterer sitt kursmål på Rec Silicon til 28 fra tidligere 19 kroner pr aksje, samtidig som de gjentar en kjøpsanbefaling.
"REC Silicon (Buy, NOK 28.0 (19.0)): Higher chance of commercial silicon anodes
REC Silicon ASA Recommendation: Buy · Target Price: NOK 28.0 (19.0) · Current Share Price: NOK 18.55
Higher chance of commercial silicon anodes
The battery industry is striving for cheaper batteries on a per kWh-basis, and silicon anodes not only represent the most promising route to lower costs, but also compatibility with current Li-ion batteries and their value chains. Based on the effort and capital put into R&D, we believe the chance of commercialization is increasing. Our TP of NOK 28 (19) is based on a 70% chance of a Moses Lake reopening, solely serving the battery industry in 50% of the outcomes.
If commercialized, REC would eventually get full utilization
Silicon anodes as a replacement for graphite anodes have the potential to improve the energy density of current Li-ion batteries by 50%, thereby reducing material needed and manufacturing time, and hence cost. Minimizing USD/kWh represents the shortest path to improving the competitiveness of EV’s and is also key to unlocking the vast market potential associated with grid stabilization, which theoretically represents an equally big market opportunity. More than 30 companies are working on mitigating/solving the swelling issue, including e.g. Group 14. These companies’ indicated progress and access to capital (e.g. exemplified by Sila Nano’s recent equity raise of USD 590m at a USD 3.3bn valuation) make us more optimistic as to the likelihood of commercialization. To overcome the swelling issue, our understanding is that the required standard with regards to silicon purity/consistency only can be achieved through silane gas, of which REC is the dominant producer (Butte with ~70% current market share and Moses Lake with 25,000 tons of idle capacity). In a commercialization-scenario, it is not challenging to envision that REC’s entire silane capacity will be directed towards the battery industry - in fact, its silane know-how could be relevant for next-generation capacity expansions.
An increasing likelihood of commercialization warrants higher TP
Our TP of NOK 28 (19) is based on a 70% chance of a Moses Lake reopening, solely serving the battery industry in 50% of the outcomes (up from 25%). Moses Lake could also serve the solar industry, but such scenario will in our view offer more downside protection than meaningful upside vs. the current share price.
REC Silicon advises that the strategic partnership between REC and Violet Power (VP) announced on October 13, 2020 has been terminated. In line with the positive momentum in the political environment which creates a better opportunity for localized value chains than ever before, REC believes it yields greater positive outcomes for its shareholders to collaborate commercially with established, proven, active and relevant solar supply chain partners to optimize the market opportunity for competitive, low-carbon locally produced solar panels.
REC is also working with companies within the Ultra Low Carbon Solar Alliance, a group of established and proven solar companies on various policy and communication initiatives to realize the growing opportunities for a sustainable solar supply chain.
Mielenkiintoinen yhteistyösopimuksen purku. Voikohan tuosta päätellä, että Reciä on käyty jo kosiskelemassa jonkin isomman firman taholta tai sitten Violetin hommat eivitä ole edenneet, kuten alla olevasta linkistä ilmenee. Joka tapauksessa posiitivista kai on, että aloite sopimuksen päättämisestä tuli Recin kautta eikä Violetin.
Later this year, Group14 plans to break ground on its second large-scale commercial factory co-located at REC Silicon’s Moses Lake plant, enabling Group14 to reach capacity to meet global demand from the EV market.
Lisää höyryä Mosesin avaamiseen, kun Biden asetti sanktioita Kiinassa tuotetulle polysiliconille. Nyt olisi jenkkilässä toimivilla aurinkoenergiayhtiöillä hyvä tilaisuus varata kapasiteettia itselleen Mosesta. Myös polysiliconin hinnan nousu tukee Reciä.
