Northwire Canada EditionTuesday, November 3, 2026
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Production / Operations Routine +

Homerun Resources Inc. Completes CAPEX Budget for the 3N Primary Silica Sand Purification Plant

Homerun finalizes $9.4 million capital expenditure for the phase one silica purification plant, validating its vertical integration roadmap.

By The Northwire Desk — AI Analysis Jun 08, 2026 · 08:31 HMR · 0.79 Homerun Resources Inc.
Executive Summary
  • Homerun Resources Inc. has finalized the capital cost estimate (CAPEX) for Phase 1 of its 350,000 tonnes per year industrial-grade (3N) silica sand processing plant at the Santa Maria Eterna hub in Bahia, Brazil.
  • The total estimated CAPEX is $9,384,743 USD, covering civil works, processing equipment, manpower, and taxes.
  • Preliminary engineering was completed on June 5, 2026, by MIE, including process flow design for a physical purification circuit, plant layout for a 9-hectare facility, and primary storage in a 52-metre diameter dome.
  • The facility will produce approximately 50 tonnes per hour of clean 3N silica sand.
  • Output will serve as primary feedstock for industrial customers, a planned 1,000 tons/day solar glass facility, and future 4N/5N advanced purification circuits.
  • The project is part of a modular Three-Phase Integrated Purification Platform aimed at creating a vertically integrated advanced materials hub and providing secure supply outside of China.
Material Impact
  • The announcement confirms the completion of preliminary engineering and locks in a CAPEX budget of ~$9.4M USD for the first phase of the purification plant.
  • This is a routine, expected follow-up to the May 20, 2026 announcement where MIE was engaged for the same engineering scope.
  • It validates the company's planning and logistics infrastructure, moving the project from the design phase toward procurement and construction.
  • The news is in line with previous expectations and does not introduce new market-moving variables. It serves as a procedural milestone confirming the company's execution timeline.
HMR · Price
Company Overview
  • Homerun Resources Inc. is a vertically integrated clean-energy materials company focused on high-purity silica sand, solar glass manufacturing, energy storage, and AI-driven energy management.
  • Flagship Project: The Santa Maria Eterna (SME) Silica Sand District in Belmonte, Bahia, Brazil. The company controls over 200 million tonnes of high-purity silica sand across fully permitted leases.
  • The core strategy involves a Three-Phase Integrated Purification Platform:
  • Phase 1: 350,000 tpa of 3N industrial-grade silica sand (physical purification).
  • Phase 2: ~30,000 tpa of +4N advanced purified silica sand (chemical purification).
  • Phase 3: Ultra-high purity 5N silica for premium markets.
  • Downstream integration includes a planned 1,000 tpd antimony-free solar glass manufacturing facility, leveraging the low-iron silica resource to produce premium solar glass for the Latin American market.
  • Additional verticals include perovskite photovoltaic technology (Homerun Energy), silicon carbide synthesis, and AI-enabled energy management systems.
Read the original news release →

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