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Aqua Metals Expands Product Platform with Advancements in Nickel, MHP, and LFP Recycling; Reports First Quarter 2025 Results
Globenewswire· 2025-05-08 20:05
Core Insights - Aqua Metals reported financial results for Q1 2025, emphasizing advancements in its AquaRefining™ technology aimed at establishing a resilient battery supply chain in the U.S. [1][2] Financial Performance - Total current assets decreased from $4,644,000 as of December 31, 2024, to $2,219,000 as of March 31, 2025 [15] - Total assets also declined from $26,365,000 to $18,065,000 during the same period [15] - The net loss for Q1 2025 was $8,315,000, compared to a net loss of $5,752,000 in Q1 2024 [16] Product and Technology Development - Aqua Metals produced initial samples of nickel carbonate and mixed hydroxide precipitate (MHP), aligning with customer specifications for battery-grade precursors [12] - The company completed a bench-scale demonstration for lithium recovery from lithium iron phosphate (LFP) batteries, which could enhance economic models by doubling lithium carbonate output [12] - Continued refinement of high-purity lithium carbonate production processes positions Aqua Metals as a preferred partner in domestic lithium production [12] Strategic Decisions - Aqua Metals agreed to sell the Sierra ARC property, which will retire all debt and generate significant cash proceeds, reducing holding costs by approximately $100,000 per month [3] - The company is exploring co-location opportunities with strategic partners to lower capital and operational expenditures [3][4] Leadership Changes - Judd Merrill will transition from CFO to a consulting role, with Eric West stepping in as the new CFO effective May 19, 2025 [5][6] - The leadership transition aims to maintain strong collaboration between operations and finance as the company scales [6] Market Positioning - The company is focused on building a flexible, high-performance battery recycling platform to adapt to the evolving lithium battery market [2] - Aqua Metals is committed to constructing its first commercial ARC and is actively engaging with potential supply and funding partners [4]
Aqua Metals Announces CFO Transition and Appointment of Eric West
Globenewswire· 2025-05-07 12:00
Leadership Transition - Aqua Metals announced a leadership transition with Judd Merrill stepping down as CFO effective May 16, 2025, to take a role with increased responsibilities at another publicly listed company [1] - Eric West, former Vice President of Finance, will be appointed as the new CFO effective May 19, 2025, bringing six years of experience with Aqua Metals and a background in the mining industry [2] Company Strategy and Vision - The leadership change is positioned to support Aqua Metals' ongoing strategy in the domestic critical minerals and battery recycling sector, emphasizing the importance of continuity and capacity in leadership [3] - Aqua Metals is focused on sustainable lithium-ion battery recycling through its patented AquaRefining™ technology, aiming to close the loop on critical minerals for clean energy technologies [4]
RecycLiCo Battery Materials Mutual Termination of Taiwan Joint Venture with Zenith Chemical Corporation
Globenewswire· 2025-04-30 01:00
SURREY, British Columbia, April 29, 2025 (GLOBE NEWSWIRE) -- RecycLiCo Battery Materials Inc. (“RecycLiCo” or the “Company”) (TSX.V: AMY | OTCQB: AMYZF | FSE: ID4), a pioneer in sustainable lithium-ion battery recycling and upcycling technologies, today announced that the Company and its joint venture partner Zenith Chemical Corporation (“Zenith”) have jointly determined to abandon the construction of a battery recycling facility in Taiwan and have entered into a definitive Mutual Release and Termination Ag ...
Aqua Metals to Announce First Quarter 2025 Financial Results and Host Investor Conference Call on May 8, 2025
Globenewswire· 2025-04-29 12:00
Core Insights - Aqua Metals, Inc. is set to report its financial results for Q1 2025 on May 8, 2025, and will host a conference call at 4:30 p.m. ET on the same day [1] Company Overview - Aqua Metals, Inc. is a leader in sustainable lithium-ion battery recycling, utilizing its patented AquaRefining™ technology [4] - The company aims to provide a low-emissions, closed-loop recycling solution for materials essential to energy storage and electric vehicle manufacturing [4] - AquaRefining™ technology replaces traditional polluting methods with electricity-powered electroplating, resulting in higher purity metal recovery, lower emissions, and minimal waste [4] - The company operates its first sustainable lithium battery recycling facility at its Innovation Center in the Tahoe-Reno Industrial Center [4] Communication Channels - Aqua Metals utilizes its investor relations website and social media platforms such as X, Threads, LinkedIn, and YouTube for disclosing material non-public information [5]
Aqua Metals Develops Nickel Carbonate Product to Expand Market Reach and Maximize Process Efficiency
Globenewswire· 2025-04-15 12:00
Core Viewpoint - Aqua Metals, Inc. has announced the development of a new product, nickel carbonate, which expands its portfolio of high-value battery metal compounds and showcases the adaptability of its patented AquaRefining™ process [1][2][3]. Group 1: Product Development - The company has developed a novel recycling process for lithium iron phosphate (LFP) batteries, allowing for the recovery and conversion into high-purity nickel carbonate, which is increasingly in demand globally [2][4]. - Nickel carbonate can be further processed into pure nickel metal or converted into nickel oxide, providing strategic optionality for Aqua Metals to serve multiple industrial sectors [3][4]. Group 2: Technology and Innovation - The development of nickel carbonate reflects Aqua Metals' adaptable technology and expertise in critical materials, positioning the company to respond quickly to market shifts and turn byproducts into revenue streams [3][4]. - The innovation aligns with Aqua Metals' broader strategy to scale production of battery-grade lithium, nickel, cobalt, and manganese materials using its AquaRefining technology [4]. Group 3: Market Position and Strategy - Aqua Metals aims to build a robust, diversified domestic supply chain for critical minerals essential to the advanced energy economy, as indicated by its ongoing offtake discussions and project financing [4]. - The company is committed to optimizing recovery, reducing waste, and maintaining clean, low-impact processes while responding to real-time market needs [4].
Aqua Metals(AQMS) - 2024 Q4 - Earnings Call Transcript
2025-03-31 20:30
Aqua Metals, Inc. (AQMS) Q4 2024 Earnings Conference Call March 31, 2025 04:30 PM ET Company Participants Conference Moderator - ModeratorJudd Merrill - Chief Financial OfficerTeleconference Operator - OperatorSteve Cotton - President and Chief Executive OfficerBob Myers - Investor Relations Conference Call Participants Mickey Legg - Analyst, Benchmark Company Teleconference Operator An answer session will follow the presentation. You may submit questions via the webcast at any time by using the ask a quest ...
Aqua Metals Reports Milestone Advancements, Strategic Progress, and Sierra ARC Lithium Battery Recycling Campus Developments in 2024
Globenewswire· 2025-03-31 20:05
Core Insights - Aqua Metals, Inc. has made significant advancements in sustainable lithium battery recycling through its proprietary Li AquaRefining™ process, achieving high-purity material production and establishing commercial partnerships [1][2][4] Technology and Innovation - The Li AquaRefining™ process has been validated at scale, demonstrating over 99% recovery rates for lithium, cobalt, and nickel, while achieving 83% lower CO₂ emissions compared to traditional methods [6] - The company has completed a three-week endurance run of the pilot plant, confirming its readiness for commercial scale-up [6] Commercial Developments - Aqua Metals is preparing to install equipment at the Sierra ARC facility, which will process 7,000 tonnes of black mass feedstock annually, contingent on securing additional financing [2][4] - A long-term supply agreement has been signed with 6K Energy to provide up to 30% of recycled content for its domestic cathode manufacturing facility, marking a significant step towards a closed-loop battery material partnership [6] Financial Performance - The company raised approximately $15 million in equity, indicating strong internal confidence, and received a $2.2 million tax abatement from the State of Nevada, linked to a projected $392 million economic impact [6] - As of December 31, 2024, Aqua Metals reported total assets of $26.365 million, down from $33.600 million in 2023, with a net loss of $24.555 million for the year [10][14] Strategic Vision - The company aims to build a resilient, low-capex, and rapidly scalable platform for critical mineral recovery in the U.S., focusing on higher-margin products and deepening strategic partnerships [4][6] - Aqua Metals has been recognized for its leadership in sustainability and clean energy job growth, being named a "Top Project of 2024" by Environment + Energy Leader [6]
超50亿元!30万吨废旧锂电池项目落地江苏
起点锂电· 2025-02-11 11:07
倒计时17天 2025起点锂电圆柱电池技术论坛 暨圆柱电池20强排行榜发布会 活动主题: 聚集新 技术 探索新工艺 近日,江苏省徐州市沛县生态环境局就"锐驰新能源(徐州)有限公司年循环再利用30万吨废 旧锂电池项目(一期工程)"环境影响评价文件进行了公开公示。 项目以物理方法为主,年回收循环再利用30万吨废旧锂电池,由锐驰新能源(徐州)有限公司 负责。项目总投资额505000万元,其中一期工程150000万元,一期工程环保投资2584万元, 占一期工程投资额的1.72%。此次公式的项目为一期工程,年回收循环再利用废旧磷酸铁锂电 池1.5万吨,均为不能被梯次利用的需进行拆解回收的废旧磷酸铁锂电池。 ( 来源:徐州宝 ) 点击" 阅读原文 "报名参会! 主办单位: 起点锂电、起点研究院(SPIR) 活动时间: 2025年2月28日 活动地点: 深圳宝安登喜路国际酒店2楼国际厅 活动规模: 500+人 ☆走进国轩高科 ☆走进利维能 ☆走进诺达智慧 ☆走进中泽科技 ☆走进苏州力神 ☆走进睿恩新能源 ☆走进天鹏电源 ☆走进中比新能 源 ☆走进天能集团 ☆走进新能安 ☆走进浙江锋锂 ☆走进华立源 ☆走进鹏辉能源 ☆走进欣 ...
广东1.2万吨锂电回收技术改造项目获批
起点锂电· 2025-01-17 10:32
| 江门市生态环境局 | 智能搜索 | ರ | | --- | --- | --- | | 网站首页 机构概况 政务公开 政务服务 政民互动 环境质量 | 派出分目 | 专题专栏 | | 建设项目环境影响评价信息 ▲ 当前位置:首页 > 部门频道 > 江门市生态环境局 > 政务公开 > 重点领域信息公开 > 建设项目环境影响评价信息 | | | | 江门市生态环境局拟对江门市旁源宿环科技有限公司技术改造项目环境影响评价文件作出批准决定的公示 | | | | 发布时间:2025-01-08 11:47:49 来源:江门市生态环境局 字体【 大 中 小 】 分享到: ▲ | | | 资料显示,江门市芳源循环科技有限公司技术改造项目位于江门市新会区珠西新材料集聚区 (三区)。 项目将新增废旧三元锂电池拆解生产线,三元废电池包、三元废电芯的拆解处置量分别为5000 吨/年、7000吨/年。此外,项目还将对结晶生产线进行技术改造,新增硫酸镍39000吨/年、硫 酸钴18000吨/年;硫酸锰由2512吨/年增至6000吨/年。 除了拆解生产线的新增,该项目还将对现有的结晶生产线进行技术改造。改造后,生产线将新 增年产39 ...