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5N Plus is a Montréal-headquartered specialty-metals refiner and compound-semiconductor manufacturer.
5N Plus has no controlling shareholder. CDPQ (Quebec public pension/institutional investment manager) is the largest holder at ~18%; the next two largest are ~12% and ~5%. Institutions hold ~46% and individual investors ~49% of shares; the top 21 holders together control ~50% (Yahoo Finance, rechecked 2026-09-26). No GLEIF-reported parent, so parent_slug is left absent.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
5N Plus press release (2025-08-05): CdTe deliveries to First Solar increase 33% for the 2025-2026 contract period versus initial levels, with a further 25% increase for 2027-2028, and 5N Plus begins supplying cadmium selenide (CdSe) to First Solar from 2026. The release credits semiconductor-compound production in Canada and Germany and does not say which First Solar plant (Ohio, Alabama, Malaysia, Vietnam, India) receives it, so the route is unstated. No revenue percentage or dollar figure is disclosed.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
This company sits on the supply side for 4 of its 6 materials — a restriction on those is a tailwind, not a headwind.
As a buyer, policy pressure across its consumed materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
As a producer, policy pressure across its produced materials is flat.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
🇺🇸 US accounts for 100% of severity-weighted pressure.