Homerun Resources Inc. (TSXV: HMR | OTCQB: HMRFF) has executed a Memorandum of Understanding with Centro Nacional de Tecnologia Eletrônica Avançada S.A. (CEITEC), a state-owned semiconductor company based in Porto Alegre, Brazil, to cooperate on silicon carbide substrate and wafer development. The three-year agreement establishes a framework for jointly developing, producing, and qualifying semiconductor-grade SiC substrates and wafers for CEITEC's offtake. The partnership aims to build a vertically integrated local SiC supply chain within Brazil, drawing on Homerun's high-purity silica resources in Bahia's Silica Valley. Investors in advanced materials and semiconductor supply chain development may be watching the progress of this agreement closely.

Key Points

  • Homerun Resources Inc. (TSXV: HMR | OTCQB: HMRFF) announced the MOU with CEITEC on September 17, 2026
  • The three-year MOU targets joint development and manufacturing of semiconductor-grade silicon carbide substrates and wafers in Brazil
  • Homerun will supply and develop high-purity SiC materials; CEITEC will provide technical specifications and device validation support
  • Investors may monitor whether structured Work Plans and separate cooperation agreements are formalised under the MOU framework

MOU Structure and Roles Between Homerun and CEITEC

Under the three-year MOU, Homerun and CEITEC have each defined distinct responsibilities. Homerun intends to supply high-purity SiC materials, substrates, and wafers, leveraging its raw material processing capabilities and localized resources, and to develop a technology roadmap covering development, qualification, scaling, and industrialisation of a SiC supply chain in Brazil. CEITEC will provide precise technical specifications for SiC substrates and wafers, support physical validation of semiconductor devices using qualified materials, and contribute its semiconductor manufacturing expertise to identify resource gaps and potential strategic partners within Brazil.

Homerun's High-Purity Silica Position in Brazil's Silica Valley

Central to the partnership is Homerun's access to high-purity, low-iron silica resources in Brazil's SME Silica Valley in Bahia. The company states that achieving defect-free, semiconductor-grade SiC requires control established at the very beginning of the value chain, a threshold that standard industrial silica feedstocks cannot meet. The announcement indicates Homerun's processing approach spans precursor synthesis, thermal consolidation, Physical Vapor Transport single-crystal growth, and Chemical Mechanical Polishing — a vertically integrated continuum designed to address what the company describes as a structural material bottleneck in the global SiC industry.

Global SiC Market Context Cited by Homerun

The announcement references broader semiconductor industry conditions to frame the MOU's commercial relevance. Citing the Semiconductor Industry Association, the release states global semiconductor sales reached $403.3 billion in the second quarter of 2026, a 35.1% increase compared to the first quarter of 2026. World Semiconductor Trade Statistics data cited in the release places global sales in June 2026 alone at $134.5 billion, representing a 123.6% year-over-year increase. The release also references industry projections exceeding $1.5 trillion in total 2026 global chip sales, though Homerun did not provide independent verification of these figures within the announcement.