Thermis / BE / DKK → Bloom Energy
A tie on Bloom's upstream supply chain · Zirconia powder maker → Solid-oxide fuel cells
DKK → Bloom Energy
- Material
- Scandia-stabilised zirconia powder
- Evidence
- Reported, awaiting verification · period not stated · as of 2026-07-08
- Latest record
- 2026-07-08 · Named only in the short seller's report (record 1).
- Supplier
- Daiichi Kigenso Kagaku Kogyo · Japan · Zirconia powder maker
- Customer
- Bloom Energy · United States · Solid-oxide fuel cells
What this supports
Only the short seller's report names Bloom as DKK's customer (record 1), and its claim that the powder's scandium is Chinese is an inference from DKK's ownership, not a record of the powder (record 2). DKK's own pages say it makes zirconia for fuel cells (records 3, 4) and name no customer.
What remains unknown
Whether DKK sells to Bloom; where the scandium in its fuel-cell powder comes from; whether a DKK-to-Bloom shipment record exists.
The claim it answers
- Alleged BE-SC-004 · DKK in Japan supplies Bloom with scandia-stabilised zirconia whose scandium originated in China. · what the documents prove: association only
The records (4)
- 2026-07-08 · reported by a third party
Scandia-stabilized zirconia powder to Bloom, asserted
scandia-stabilized zirconia
A short seller (its publisher's affiliate is short BE) · Short seller's report on Bloom's scandium sourcing · 2026-07-08 · a third-party copy, not matched to an official host · fingerprint 26a6f63368589260
- 2026-07-08 · a third party's inference
China origin of DKK's powder, the report's inference
a look at DKK's corporate structure suggests the powder's actual provenance is China
A short seller (its publisher's affiliate is short BE) · Short seller's report on Bloom's scandium sourcing · 2026-07-08 · a third-party copy, not matched to an official host · fingerprint 26a6f63368589260
- 2026-09-23 · the party's own document
Line of business, company description
第一稀元素化学工業株式会社―ジルコニウム化合物のトップメーカー
In English: Daiichi Kigenso Kagaku Kogyo Co., Ltd., the top maker of zirconium compounds
DKK · Products page, the company's own site · 2026-09-23 · matched to the publisher's official host, checked 2026-09-23 · fingerprint 68fe048137f933db
- 2026-09-23 · the party's own document
Fuel-cell materials, company description
燃料電池、酸素センサーにとって重要なイオン伝導性に優れた材料です
In English: materials with excellent ionic conductivity, important for fuel cells and oxygen sensors
DKK · Products page, the company's own site · 2026-09-23 · matched to the publisher's official host, checked 2026-09-23 · fingerprint 68fe048137f933db
What would settle it
- Would confirm it: A certificate of origin, customs entry or DKK disclosure showing Chinese scandium oxide in a DKK lot sold to Bloom after 2024, or a Chinese filing showing scandium oxide sold to DKK in 2024 to 2026.
- Would weaken it: A DKK or Bloom document tracing the scandium in Bloom-bound powder to a refiner outside China.
- Next step: Read DKK's annual securities report and ask its investor relations where the scandium in its fuel-cell powder comes from.
- Next step: Obtain DKK-to-Bloom manifest records from a licensed vendor.
One step upstream: who supplies DKK?
- DKK's Chinese partner → DKK · Documented · Scandium oxide
- gap: not identified · Where DKK's scandium for Bloom-bound powder comes from, beyond the 2023 purchase