Core Insights - Aqua Metals Inc is focused on innovating clean recycling solutions for lithium-ion batteries, utilizing a fully electrified process that significantly reduces carbon emissions and waste compared to traditional methods [1][2] - The company aims to produce materials such as cobalt, nickel, and lithium carbonate that can re-enter the battery supply chain, benefiting major OEMs and contributing to a circular economy [2][3] Company Overview - Aqua Metals is developing a clean recycling process for lithium-ion batteries that minimizes carbon dioxide emissions, which can often exceed the weight of the batteries themselves [1] - The company has established a pilot facility at the Tahoe Reno Industrial Center, which has been operational for nearly a year, validating its technology and processes [3][4] Production Facility Status - The commercial-scale Phase One facility, named Sierra Arc, is under construction and aims to produce truckload quantities of recycled materials by early next year [4] - The facility is located near the pilot operation and has already begun equipment installation [4] Market Opportunities - The U.S. battery production is projected to grow significantly, with the Tesla Gigafactory's capacity expected to increase from 0.05 terawatt hours to 1.2 terawatt hours by the end of the decade, generating substantial scrap material for recycling [5] - By the end of the decade, approximately one million tons of black mass will require recycling, indicating a growing demand for recycling capacity that exceeds current capabilities [6] Partnerships and Collaborations - Aqua Metals is actively seeking partnerships with car manufacturers and other potential collaborators, having already provided samples of recycled materials to the market [4][5] - The company anticipates forming more alliances as it scales up production and establishes its commercial facility [5]
Aqua Metals CEO on US battery recycling growth - ICYMI