REC Silicon

REC Silicon reported a negative EBITDA of 3.8 million USD in Q1 2026, revenue fell to 19.5 million USD and operations consumed 10.3 million USD in cash. Liquid funds amounted to only 5.2 million USD at the end of March against total debt of 501.5 million USD, leading to urgent refinancing needs and emergency financings. Anchor AS secured 93% of the shares by subscribing to a capital increase but remains dependent on further financing support, while management is considering cost cuts and asset sales. For Q2 the company expects stable shipment volumes of 500–550 tonnes but foresees continued price pressure due to market oversupply and political uncertainties. » Más en de.investing.com

REC Silicon reported an EBITDA loss of $3.7 million for Q4/2025, declining cash of $7.3 million and nominal net debt of $483.8 million. The company announced a fully underwritten rights offering equivalent to $100 million to service prepayments, existing credit facilities and working capital. REC Silicon points to significant maturities in 2026 (≈ $447.9 million) and insufficient liquidity to meet debt service, while simultaneously negotiating financing with Hanwha and exploring possible asset sales. For Q1/2026 management targets silicon gas deliveries of 550–600 MT and is implementing cost‑reduction measures at its plants. » Más en de.investing.com

REC Silicon reported a negative EBITDA of USD 7.2m for Q3 2025 on revenues of USD 16.9m and declining silicon gas volumes. The company has only USD 10.0m in liquidity and nominal debt of USD 474.1m, of which USD 428.4m is due in 2026, creating an urgent short-term financing need. REC Silicon has secured short-term loans of USD 27m, plans roughly a 10% workforce reduction, is halting polysilicon production in Butte and is focusing on core assets while divesting non‑essential assets. During the quarter Anchor took control with a 60.2% stake; management is targeting Q4 2025 shipments of 550–600 MT but sees persistently challenging market conditions. » Más en de.investing.com