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Aqua Metals Completes Lithium Battery AquaRefining™ Pilot Installation and Commences Operations
Company pioneers world’s first sustainable lithium-ion battery recycling operation, and is poised to initiate sales of recycled materials in the first quarter
About this update from Aqua Metals, Inc.
[{"type":"text","content":"Company pioneers world’s first sustainable lithium-ion battery recycling operation, and is poised to initiate sales of recycled materials in the first quarter of 2023\nRENO, Nev., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals\" or the “Company”), which is reinventing metals recycling with its AquaRefining™ technology, today announced it has completed equipment installation and is now operating its first-of-a-kind lithium battery recycling facility, utilizing electricity to recycle instead of intensive chemical processes, fossil fuels, or high-temperature furnaces. Located at the company’s Innovation Center in the Tahoe-Reno Industrial Center in Nevada, the pilot is now operational with the introduction of feedstock into the automated system, enabling immediate recovery of valuable critical minerals from spent lithium batteries. “This is an unprecedented accomplishment for Aqua Metals, and for the global push toward electrification,” said Steve Cotton, President and CEO, Aqua Metals. “We believe that Aqua Metals is the first company to take a vision beyond the laboratory, by establishing an industrial-scale, dedicated, US-based recycling facility, built to continuously produce metric tons of high-purity minerals from spent lithium-ion batteries. We are confident that Aqua Metals is now positioned to be the first metals recycling facility in North America to recover battery-grade lithium hydroxide from spent batteries in commercial quantities, and to initiate sales of recycled critical minerals into both metals markets and the lithium-ion battery supply chain.” Aqua Metals sustainable lithium-ion battery recycling facility is now operational. The company’s Li AquaRefining™ technology is a low-emissions, closed-loop recycling solution capable of recovering all valuable metals, including high-purity lithium, manganese, cobalt, and nickel from lithium batteries. The company’s goal is to demonstrate through the pilot operations its belief that Li AquaRefining is an economically superior process that offers a lower cost pathway to recycle critical minerals and achieve net-zero emissions. Li AquaRefining utilizes electroplating powered by electricity to recover metals instead of intensive chemical processes or polluting fossil-fuel furnaces. The patent-pending Li AquaRefining enables low-cost and effic...