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 has successfully recovered high-purity nickel from lithium battery black mass using its proprietary Li AquaRefining™ process, eliminating polluting furnaces and hazardous waste. This technology supports sustainable battery recycling, reducing the environmental impact typically associated with traditional methods. The company is enhancing operations at its pilot facility in Tahoe-Reno and plans a 3,000 ton per year commercial recycling facility. As the only operational electro-hydrometallurgy lithium battery recycling facility in North America, Aqua Metals is positioning itself as a key player in the growing demand for domestically produced sustainable metals.
Aqua Metals, Inc. (NASDAQ: AQMS) announced a virtual-only annual meeting of stockholders on May 18, 2023, at 9:00 a.m. PT. Stockholders of record as of March 20, 2023, can attend the meeting via live audio webcast accessible at www.virtualshareholdermeeting.com/AQMS2023. The company, known for its innovative AquaRefining technology for sustainable lithium battery recycling, operates a facility in Reno, NV. For more information about the company’s Li AquaRefining Pilot, visit www.aquametals.com/pilot-recycling-hub.
Aqua Metals (NASDAQ: AQMS) announced its Q4 and full-year 2022 financial results, reporting a net loss of $15.4 million, or $(0.20) per share, an improvement from a net loss of $18.2 million in 2021. The company ended the year with $7.1 million in cash. Significant developments include the commissioning of a lithium recycling pilot plant in Reno, which produced high-purity copper and lithium hydroxide, and the acquisition of a site for a future commercial-scale operation capable of processing 3,000 metric tons of spent lithium-ion batteries. The estimated revenue from this operation could reach $60 million based on current metal values, driving optimism for 2023 and beyond.
Aqua Metals (NASDAQ: AQMS), a leader in sustainable lithium battery recycling, will announce its fourth quarter and full-year financial results for 2022 on March 9, 2023, after market close. The company will host a conference call at 4:30 p.m. ET on the same day to discuss the results and provide a business update. Investors can access the call by dialing specified numbers or through a live webcast. The company operates a pioneering facility employing its patented AquaRefining™ technology, aiming to enhance recycling efficiency while reducing environmental impact. For further information, visit Aqua Metals' investor relations website.
Aqua Metals (NASDAQ: AQMS) announced the successful recovery of high-purity lithium hydroxide from lithium-ion battery black mass at its Li AquaRefining™ facility. This achievement positions the company as a leader in sustainable recycling technologies, enhancing the economic viability of recycling advanced battery chemistries. The Li AquaRefining process, which utilizes electricity rather than traditional methods, aims to streamline battery production and address domestic supply chain challenges. The pilot facility, operational since 2022, is slated to scale up operations to meet the growing demand for recycled battery materials, aligning with domestic content goals under the Inflation Reduction Act.
Aqua Metals, Inc. (NASDAQ: AQMS), a leader in sustainable lithium battery recycling, announced its participation in the Credit Suisse Annual Summit on February 27-28, 2023. CEO Steve Cotton will engage in a live fireside chat on February 27 at 9:50 a.m. MST, available via a webcast. The conference focuses on oil, gas, utilities, and ESG issues, showcasing Aqua Metals' innovations in low-emission, closed-loop recycling technology. This event offers opportunities for investors to meet with Aqua Metals management. The company's AquaRefining™ process aims to enhance the recycling of metals critical for energy storage and electric vehicle production.
Aqua Metals, a leader in sustainable lithium battery recycling, has completed due diligence on a five-acre site in Tahoe-Reno to develop a recycling campus capable of processing over 20 million pounds of lithium-ion battery material annually. This phased project aims to sustain the production of metals required for 100,000 EV battery packs each year using its innovative Li AquaRefining™ technology. Aqua Metals plans to power the campus with renewable energy and intends to finance the property acquisition through a non-dilutive loan, with operations expected to commence in Q1 2024.
Aqua Metals (NASDAQ: AQMS) announced on January 17, 2023, that it has regained compliance with Nasdaq's Listing Rule 5550(a)(2), following a previous notification on August 2, 2022, regarding its stock price falling below $1.00 per share. The company successfully maintained a closing bid price of at least $1.00 for 10 consecutive trading days, achieving compliance on January 13, 2023. Aqua Metals is focused on sustainable recycling through its AquaRefining™ technology, which aims to transform metals recycling, particularly for materials used in electric vehicles and energy storage.
Aqua Metals (NASDAQ: AQMS) has achieved a significant milestone by successfully recovering critical metals from spent lithium-ion batteries using its innovative Li AquaRefining process. This production-scale recovery utilizes electricity instead of traditional methods, significantly reducing emissions and waste. Initially, copper will be recycled, with plans to recover lithium hydroxide, nickel, cobalt, and manganese dioxide next. The company aims to support a sustainable domestic supply chain for battery materials, essential for electric vehicles, while offsetting carbon emissions through renewable energy credits.
Aqua Metals has successfully operationalized the world's first sustainable lithium-ion battery recycling facility using its AquaRefining™ technology. Located in Nevada, the facility aims to recycle batteries without harmful chemicals, targeting sales of recycled materials in Q1 2023. The company plans to recover high-purity lithium, manganese, cobalt, and nickel and establish itself as a leader in the battery recycling market. Upcoming milestones include achieving product specifications and ramping up production capacity.