Mississippi Silicon is a partnership between the Vicintin Family of Brazil and Clean Tech I LLC. The Vicintin Family is the majority owner of Mississippi Silicon, and they also own Rima Industrial S/A, a leading ferroalloy and non-ferrous producer in Brazil. Clean Tech I LLC is a partnership composed of strategic investors and financial advisers.
In addition to the equity investors, Mississippi Silicon is supported by partners in critical areas that are experienced and globally recognized in their various disciplines. Our commercial partner and the exclusive silicon sales representative for Mississippi Silicon is Polymet Alloys, Inc., who has more than thirty years of experience in silicon metal sales in the United States. Our silica fume is marketed exclusively by RED Industrial Products. Tennessee Valley Authority (TVA), a United States government-owned and self-financed public power company, and one of the largest and most diversified power suppliers in the US, is our electricity partner.
Mississippi Silicon’s technology partners are Germany’s SMS Siemag, the leading supplier of submerged arc furnace technology in the world and Brazil’s Rima Industrial S/A, the fourth largest silicon metal producer in the world. Financing for the project is being provided by KFW Bankengruppe of Germany, augmented by a variety of federal, state and local grants and loans.
Mississippi Silicon’s executive management team is led by two industry veterans with extensive experience operating and managing silicon metal facilities in the United States. Eddie Boardwine is Chief Operating Officer and John Lalley is Chief Financial Officer. The board of directors is composed of Ricardo Vicintin, Rima Industrial CEO and President; NJ Correnti, Nicholas Air CEO; and Braulio Lage, Polymet Alloys’ President.
The silicon metal produced at the new facility is sold throughout the United States and used in a broad range of industries including aluminum, automotive and chemical industries, solar cells and semiconductors. Silicon metal is used in thousands of applications and its consumption in the United States and worldwide continues to increase.