Welcome to our dedicated page for Aqua Metals news (Ticker: AQMS), a resource for investors and traders seeking the latest updates and insights on Aqua Metals stock.
Aqua Metals, Inc. (NASDAQ: AQMS) is a pioneering company in the lead recycling industry, leveraging its innovative, proprietary process known as AquaRefining. This patented technology provides a modern, environmentally-friendly alternative to traditional lead smelting methods. The AquaRefining process utilizes a room temperature, water-based system to recycle lead from lead-acid batteries, significantly reducing toxic emissions and hazardous waste.
The company’s modular approach allows for scalable expansion to meet the growing global demand for lead in battery applications. By eliminating the pollution associated with conventional lead recycling, Aqua Metals is positioned to revolutionize a $22 billion industry, making lead one of the most sustainable battery chemistries available.
Recently, Aqua Metals has made significant strides, including an agreement to supply critical battery metals from their Sierra ARC facility to the 6K PlusCAM™ facility starting in 2024. This partnership underlines their commitment to pushing the boundaries of clean technology and sustaining their growth trajectory.
Financially, Aqua Metals offers a transparent overview of its operations, regularly reporting its adjusted net loss to provide a clearer insight into its primary business performance. The company is also actively engaged in raising funds to support its ambitious projects, such as the Sierra ARC Commercial Lithium-Ion Battery Recycling Facility, which is expected to be commissioned in 2024.
As a leader in sustainable lead recycling, Aqua Metals continues to attract substantial investor interest and strategic partnerships, making it a key player in the ongoing evolution of the battery recycling industry.
Aqua Metals (NASDAQ: AQMS) announced a major step towards financial stability by retiring its $9.0 million debt with Veritex Bank, leaving the company virtually debt-free. This decision significantly strengthens the balance sheet, eliminating $0.9 million in annual debt service costs. Additionally, Aqua Metals received a $0.8 million progress payment from its insurance provider, bringing total received insurance payments to $23.4 million. The company anticipates further insurance proceeds for replacement value and possible business interruption recovery.
Aqua Metals (NASDAQ: AQMS) will present at the 13th Annual LD Micro Main Event Conference on December 15, 2020, at 2:00 p.m. EST. CEO Steve Cotton and CFO Judd Merrill will lead the presentation. Aqua Metals is focused on innovative lead recycling through its patented AquaRefining™ technology, which is a room temperature, water-based alternative to traditional smelting. This technology aims to meet the increasing demand for lead in various applications, including batteries. Investors can register for the event via the provided link.
Aqua Metals, Inc. (NASDAQ: AQMS) will present at the 2020 Virtual Fall Investor Summit on November 16, 2020, at 1:30 p.m. EST. CEO Steve Cotton will share insights on AquaRefining™, the company's innovative lead recycling technology. This water-based process minimizes pollution compared to traditional smelting methods and aims to increase production capacity through licensing. Aqua Metals focuses on addressing the growing demand for lead in applications like automotive batteries and renewable energy solutions. Interested viewers can access the presentation via a provided link.
Aqua Metals (AQMS) announced key developments in its third-quarter results for 2020. The company received an additional $0.7 million in insurance proceeds, raising total collections to $22.6 million. They aim to retire the $8.5 million Veritex loan, becoming debt-free by year-end 2020. Operationally, Aqua Metals is making progress with its V1.25 electrolyzer program, and anticipates a new patent, enhancing its portfolio to 45 patents globally. Financially, cash on hand is $5.6 million, with an escrow balance of $7.9 million. However, revenue was minimal due to a fire incident, significantly lower than the previous year.
Aqua Metals (AQMS) will announce its third-quarter financial results on October 22, 2020, after the market closes. The company will hold a conference call at 4:30 p.m. EDT to discuss the results. Aqua Metals specializes in lead recycling with its proprietary AquaRefining™ technology, which minimizes pollution risk compared to traditional methods. The company aims to enhance lead production for various applications, including electric vehicle batteries. Additional investor communications will be provided through their website and social media channels.
Aqua Metals (NASDAQ: AQMS) will present at the H.C. Wainwright Global Investment Conference from September 14-16, 2020, with its CEO, Steve Cotton, and CFO, Judd Merrill, scheduled to speak on September 16 at 9:30 a.m. EDT. The conference is virtual, allowing shareholders and interested parties to attend via an open webcast. Aqua Metals is pioneering lead recycling with its AquaRefining™ technology, offering a sustainable, water-based process that minimizes pollution. This method aims to meet the rising demand for lead in various applications, including electric vehicles and renewable energy.
Aqua Metals reported significant operational advancements in Q2 2020, with the V1.25 electrolyzer functioning ahead of schedule and improved lead production rates. The company has collected $15 million in insurance proceeds and anticipates over $30 million for asset replacement. Transitioning to a capital-light business model, Aqua Metals focuses on equipment supply and licensing strategies. Financial results show a net loss of $4 million, improved from $10.5 million in Q2 2019. The firm aims to optimize shareholder value through cost reductions and continued development of its electrolyzer program.
Aqua Metals (AQMS) will release its second-quarter financial results on August 4, 2020, after market close. A conference call is scheduled for 4:30 p.m. Eastern Time the same day, providing insights into corporate developments. Aqua Metals focuses on lead recycling through its AquaRefining technology, which is a water-based, pollution-reducing process. The company aims to license its technology for greater lead acid battery recycling, meeting increased demand for lead in various applications, including electric vehicles and renewable energy.
Aqua Metals, Inc. (NASDAQ: AQMS) has announced its compliance with Nasdaq's minimum bid price requirement by achieving a closing bid price of at least $1.00 per share for over 10 consecutive business days. This compliance is essential for the continued listing of its common stock. The company is innovating lead recycling through its AquaRefining™ technology, which offers a more environmentally friendly solution compared to traditional smelting. Aqua Metals aims to license this technology to meet increasing demand for lead in various applications.
Aqua Metals, Inc. (NASDAQ: AQMS) will present at Sidoti’s Inaugural Microcap Virtual Conference on June 30, 2020, at 4:00 p.m. EDT. CEO Steve Cotton and CFO Judd Merrill will discuss the company's AquaRefining™ technology and provide updates on the V1.25 electrolyzer program, followed by a live Q&A session. The presentation will be webcast live and archived for later viewing. Aqua Metals focuses on environmentally friendly lead recycling processes, aiming to meet the growing demand for lead in various applications including lead acid batteries.
FAQ
What is the current stock price of Aqua Metals (AQMS)?
What is the market cap of Aqua Metals (AQMS)?
What is AquaRefining?
How does Aqua Metals' technology benefit the environment?
What recent achievements has Aqua Metals made?
What is the financial condition of Aqua Metals?
Who are Aqua Metals' strategic partners?
What markets does Aqua Metals serve?
How is Aqua Metals' AquaRefining process different from traditional lead recycling?
What are the future plans for Aqua Metals?
What makes Aqua Metals a significant player in the battery recycling industry?
How can investors get in touch with Aqua Metals?
