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Aqua Metals Advances Commercialization of AquaRefining™ Technology with Industry-Leading Lithium Quality and Strategic Progress During Second Quarter of 2025
Company eliminates long-term debt, strengthens balance sheet, and extends cash runway through asset sales and cost-reduction initiativesRENO, Nev., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), a pioneer in sustainable metals recycling, today announced financial results and operational highlights for the quarter ended June 30, 2025. The Company achieved significant progress toward commercialization, delivering best-in-class product quality,
About this update from Aqua Metals, Inc.
Company eliminates long-term debt, strengthens balance sheet, and extends cash runway through asset sales and cost-reduction initiatives RENO, Nev., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Aqua Metals, Inc . (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), a pioneer in sustainable metals recycling, today announced financial results and operational highlights for the quarter ended June 30, 2025. The Company achieved significant progress toward commercialization, delivering best-in-class product quality, advancing key strategic initiatives, and fortifying its financial position. Second Quarter and Recent Highlights: Operational Initiatives Financial Initiatives Milestone Announcements Strategic Engagements Aqua Metals continues discussions with potential strategic partners. The Company believes collaboration among industry participants is critical as the U.S. builds domestic battery recycling and CAM production capacity—sectors where commercial-scale operations are still notably absent. “Our industry has endured significant challenges over the past year as the global battery supply chain recalibrates,” said Steve Cotton, President and CEO of Aqua Metals. “These challenges also present a rare moment for leaders to step forward and work together. Our business model is built on collaboration—with suppliers, recyclers, technology innovators, and CAM producers—to help establish a fully domestic, commercially viable recycling and critical minerals ecosystem in the United States. We believe this quarter’s achievements, from delivering some of the lowest-fluorine lithium carbonate ever produced to demonstrating cost parity with Chinese recyclers, position Aqua Metals not just to participate in the emerging U.S. market, but to help define it.” With industry-leading lithium carbonate quality, cost-competitive U.S.-based recycling, and a strengthened balance sheet, Aqua Metals has advanced both its technology and market position during the quarter. The Company believes that the elimination of long-term debt, extended cash runway, and progress on scalable ARC facility designs provide a clear path toward commercialization. Strategic engagements with potential partners, coupled with new intellectual property protection and successful technology demonstrations, reinforce Aqua Metals’ potential to play a defining role in building a domestic, closed-loop battery materials supply chain. Conference Call and Webcast The Company will hold a conference call to discuss results and corporate developments today at 4:30 p.m. ET. Investors can access the live conference call at https://event.webcasts.com/aqms or from the investor relations section of the Company’s website at https://ir.aquametals.com/ . Alternatively, interested parties can access the audio call by dialing 877-407-9708 (toll-free) or 201-689-8259 (international). Following the conclusion of the live event, a replay will be available by dialing 877-407-9708 (toll-free) or 201-689-8259 (international) and using passcode 13754150. The webcast replay will also be available in the investor relations section of the Aqua Metals website. About Aqua Metals Aqua Metals, Inc. (NASDAQ: AQMS) is reinventing metals recycling with its patented AquaRefining™ technology. The Company is focused on commercializing sustainable lithium-ion battery recycling that is non-polluting and closes the loop on critical minerals for clean energy technologies. Aqua Metals is based in Reno, Nevada, with facilities located in the Tahoe-Reno Industrial Center. For more information, visit www.aquametals.com . Aqua Metals Social Media Aqua Metals has used, and intends to continue using, its investor relations website ( https://ir.aquametals.com ), in addition to its X, Threads, LinkedIn and YouTube accounts at https://x.com/AquaMetalsInc (@AquaMetalsInc), https://www.threads.net/@aquametalsinc (@aquametalsinc), https://www.linkedin.com/company/aqua-metals-limited and https://www.youtube.com/@AquaMetals respectively, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Safe Harbor This press release contains forward-looking statements concerning Aqua Metals, Inc. Forward-looking statements include, but are not limited to, our plans, objectives, expectations and intentions and other statements that contain words such as "expects," "contemplates," "anticipates," "plans," "intends," "believes", "estimates", "potential" and variations of such words or similar expressions that convey the uncertainty of future events or outcomes, or that do not relate to historical matters. The forward-looking statements include (A) our ability to commercialize a sustainable and profitable metal recycling operation, (B) our intent to complete the development and commissioning of our ARC facility, (C) our ability to enter into successful collaborations with suppliers, recyclers, technology innovators, and CAM producers and (D) our ability to maintain our Nasdaq listing. Those forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially, including, but not limited to (1) we have not commenced the commercial-scale operation of our metal recycling operation, (2) we do not have any definitive agreements with potential collaborators, (3) the risk we may not be able to successfully acquire the funding necessary to develop our ARC facility or, even if we are to able acquire the necessary funding, the risk we may not be able to successfully develop the ARC facility or realize the expected benefits from such facility; (4) the risk that we may not be able to acquire the funding necessary to maintain our current level of operations; (5) the risk that we may not be able to maintain our Nasdaq listing and (6) those risks disclosed in the section "Risk Factors" included in our Annual Report on Form 10-K filed on March 31, 2025. Aqua Metals cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by law. Contact Information Investor Relations Bob Meyers & Rob Fink FNK IR 646-878-9204 [email protected] Media David Regan Aqua Metals 415-336-3553 [email protected]