Core Insights - Aqua Metals, Inc. has secured $17.1 million in new funding, which will support its strategic partnerships and commercial plans for lithium battery and critical minerals recycling [1][5]. Financial Performance - For the quarter ended September 30, 2025, Aqua Metals raised $4.1 million and an additional $13 million from a leading institutional investor in October, providing significant runway for engineering and permitting efforts [5]. - The company reported a net loss of $3.121 million for Q3 2025, compared to a net loss of $5.210 million in Q3 2024, indicating an improvement in financial performance year-over-year [17]. Market Landscape - The global lithium-battery-recycling sector is experiencing consolidation due to scale and cost challenges faced by early entrants, while demand remains strong with EV sales growing 11% year-over-year [3]. - Market forecasts predict that black mass production in the US will exceed 250,000 metric tons annually by 2030, with an estimated value of critical minerals at $1.2 billion at current prices [4]. Strategic Partnerships - Aqua Metals has signed two MOUs with MOBY Robotics and Impossible Metals to explore clean refining of polymetallic nodules, positioning the company as a potential leader in sustainable processing of deep-sea minerals [5]. - A Letter of Intent was signed with Westwin Elements for the potential supply of 500–1,000 metric tons of recycled nickel carbonate annually, which could represent approximately $12 million in annual contract value [5]. Technological Advancements - The company successfully processed 1 metric ton of lithium-iron-phosphate (LFP) cathode scrap, producing battery-grade lithium carbonate, and remains the only recycler demonstrating an economically viable process for LFP feedstock [5]. - Aqua Metals has modeled a 50/50 NMC-LFP commercial facility that shows profitability at current metals pricing, indicating strong potential for future operations [5]. Compliance and Engagement - Aqua Metals has regained compliance with NASDAQ's minimum-bid requirement, which is crucial for maintaining its listing and investor confidence [5]. - The company participated in The Battery Show North America 2025 and the 2025 Battery Recycling Workshop in China, enhancing its commercial engagement opportunities [5].

Core Viewpoint - Aqua Metals, Inc. is set to host a quarterly business update conference call on November 12, 2025, to report its financial results for Q3 2025, highlighting its focus on sustainable lithium-ion battery recycling [1]. Group 1: Conference Call Details - The conference call will take place at 4:30 p.m. ET on November 12, 2025 [1]. - Interested parties can access the live call via the company's investor relations website or by dialing specific toll-free and international numbers [2]. - A replay of the conference call will be available after the live event, with details on how to access it provided [3]. Group 2: Company Overview - Aqua Metals, Inc. is pioneering sustainable lithium-ion battery recycling through its patented AquaRefining™ technology, aiming to create a non-polluting process that recycles critical minerals for clean energy technologies [4]. - The company is based in Reno, Nevada, with facilities located in the Tahoe-Reno Industrial Center [4]. Group 3: Communication Channels - Aqua Metals utilizes its investor relations website and various social media platforms for disclosing material non-public information and complying with disclosure obligations [5].

Core Insights - Aqua Metals, Inc. has successfully closed a $13 million registered direct offering with a leading institutional investor, enhancing its financial position and supporting growth initiatives [1][2]. Financial Position - The gross proceeds of $13 million will strengthen Aqua Metals' balance sheet and provide capital for commercialization and expansion efforts, transitioning from pilot operations to commercial deployment [2]. - The company’s financial flexibility is improved, allowing for strategic growth funding [2]. Commercialization Efforts - Aqua Metals is conducting due diligence on two potential sites for its first commercial AquaRefining™ Campus (ARC) facility, which will utilize its low-emissions recycling process [4]. - Proceeds from the capital raise will support site-specific design, engineering plans, permitting, and pre-construction activities [5]. Technology and Process - The first ARC facility is expected to demonstrate the scalability of Aqua Metals' electro-hydrometallurgical process, providing a sustainable alternative to conventional smelting and chemical refining [6]. - The proprietary process can produce battery-grade lithium carbonate, nickel in various forms, and high-purity cobalt, contributing to the domestic supply of critical minerals [7]. Industry Context - Aqua Metals aligns with U.S. national priorities for critical mineral recycling and refining, which are essential for economic resilience and national security [7][8]. - The urgency for expanding U.S.-based refining and recycling capacity is underscored by the Department of Defense's plan to establish a $1 billion critical minerals stockpile [8]. Future Outlook - The company is positioned to advance toward commercialization and will provide updates on strategic and financial progress in its upcoming third-quarter results conference call [9].

Core Viewpoint - Aqua Metals, Inc. has successfully raised $13 million through a registered direct offering, aimed at enhancing its sustainable lithium battery recycling operations using its AquaRefining™ technology [1][2]. Group 1: Offering Details - The offering involved the purchase and sale of 1,133,794 shares of common stock and/or prefunded warrants at a price of $11.34 per share [1]. - The gross proceeds from the offering were approximately $13 million before deducting fees and expenses [2]. - The offering is expected to close on October 16, 2025 [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for working capital and general corporate purposes [2]. Group 3: Company Overview - Aqua Metals is focused on revolutionizing metals recycling with its proprietary AquaRefining™ technology, which aims to provide high-purity, low-carbon battery materials [6]. - The company's approach is designed to reduce emissions, eliminate waste, and support a circular supply chain for critical minerals essential for electric vehicles and grid storage [6].

Core Viewpoint - Aqua Metals, Inc. is set to report its financial results for Q2 2025 on August 13, 2025, and will provide a business update during a conference call that day [1]. Group 1: Financial Reporting - The company will announce its financial results for the second quarter ended June 30, 2025 [1]. - A conference call is scheduled for August 13, 2025, at 4:30 p.m. ET to discuss these results [1]. Group 2: Accessing Information - The live conference call can be accessed via the company's investor relations website or by dialing specific toll-free and international numbers [2]. - A replay of the conference call will be available through designated phone numbers and on the investor relations section of the Aqua Metals website [3]. Group 3: Company Overview - Aqua Metals is focused on sustainable lithium-ion battery recycling using its patented AquaRefining™ technology [4]. - The company aims to commercialize non-polluting recycling processes that support clean energy technologies [4]. - Aqua Metals is headquartered in Reno, Nevada, with facilities in the Tahoe-Reno Industrial Center [4]. Group 4: Communication Channels - The company utilizes its investor relations website and various social media platforms for disclosing material non-public information [5].

Core Insights - Aqua Metals, Inc. is showcasing its innovative lithium battery recycling technology at NAATBatt's Eighth Annual Workshop, emphasizing its scalable, cost-effective, and safer alternative to traditional hydro recycling methods [1][3][6] Company Overview - Aqua Metals operates an Innovation Center in the Tahoe-Reno Industrial Center, producing battery-grade lithium carbonate, nickel, and cobalt products at a commercial pilot scale [2] - The company claims its recycled lithium carbonate output is among the highest in North America from a true closed-loop battery recycling process [2] Technology and Benefits - The proprietary AquaRefining™ technology offers a novel solution that enhances worker safety, economic efficiency, and environmental performance compared to traditional hydro-based recycling processes [3][4] - This clean recycling technology supports the reshoring of critical minerals processing, contributing to American job growth and economic resilience [4] Event Details - The exclusive tour of Aqua Metals' facility will take place on July 31, 2025, providing workshop participants with insights into advanced lithium battery recycling operations [1][6] - The NAATBatt Annual Workshop will gather industry leaders to discuss innovations in lithium battery reuse, recycling, and market development [6] Product Highlights - The facility has produced various products, including battery-grade lithium carbonate, cobalt metal, nickel metal, and mixed hydroxide precipitate (MHP) [9] - The pilot plant has accumulated over 4,000 hours of operational runtime, showcasing significant reductions in waste streams and improved economic efficiencies [9]

Company Overview - Aqua Metals, Inc. is a pioneer in sustainable lithium-ion battery recycling, utilizing its patented AquaRefining™ technology [2] - The company is focused on commercializing non-polluting recycling processes that close the loop on critical minerals for clean energy technologies [2] - Aqua Metals is headquartered in Reno, Nevada, with facilities located in the Tahoe-Reno Industrial Center [2] Upcoming Events - Aqua Metals will hold its 2025 Annual Meeting of Stockholders on July 22, 2025, at 7 a.m. PT [1] - Stockholders of record as of June 17, 2025, are entitled to attend and participate in the meeting [1] - Voting instructions are available at https://www.proxyvote.com [1] 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 [3] - The company aims to comply with its disclosure obligations under Regulation FD through these channels [3]

Core Insights - Aqua Metals, Inc. has received a Notice of Allowance for a patent that enhances its AquaRefining™ intellectual property portfolio, crucial for its global expansion strategy [1][4][5] Patent Details - The patent application, filed in January 2022, is based on extensive R&D and covers key innovations in Aqua Metals' lithium battery recycling technology [2][3] - The technology allows for efficient recovery of battery-grade lithium carbonate, nickel, and cobalt, utilizing a novel hydrometallurgical process [2][3] Environmental and Economic Benefits - AquaRefining™ technology offers estimated cost savings of approximately $1,100 per metric ton of black mass input compared to traditional methods [3] - The process eliminates sodium sulfate waste, generates negligible CO₂ emissions, and creates a safer workplace environment [3] Strategic Implications - The patent allowance is a significant milestone for Aqua Metals, enabling the company to pursue licensing and joint venture opportunities with partners aligned with its vision for a domestic battery materials supply chain [4][5] - The company is actively seeking additional patents and is in discussions with multiple potential licensees and joint venture partners globally [4][5] Company Overview - Aqua Metals is focused on sustainable lithium-ion battery recycling, aiming to close the loop on critical minerals for clean energy technologies [6]

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]