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Aqua Metals Selected as Industrial Partner on DOE-Funded Idaho National Laboratory Program Advancing Critical Minerals Refining

AQMS
  • Aqua Metals, Inc. (NASDAQ: AQMS) was selected as the industrial partner for a U.S. Department of Energy-funded research program led by Idaho National Laboratory.
  • The project will evaluate electrochemically driven alternatives to conventional solvent extraction for separating nickel & cobalt from lithium-ion battery recycling streams.
  • Aqua Metals will contribute its battery recycling expertise, pilot-scale operating experience, & Tahoe-Reno Innovation Center infrastructure to the initiative.
  • The collaboration highlights the versatility of Aqua Metals' technology platform across both lithium iron phosphate (LFP) & nickel manganese cobalt (NMC) battery chemistries.
  • CEO Steve Cotton stated the partnership reinforces the Company's vision for electrified processes that lower operating costs & reduce dependence on imported chemical supply chains.
  • Aqua Metals' long-term strategy involves replacing recurring chemical consumption with electrochemical process integration & reagent regeneration technologies.
  • The research program complements the existing AquaRefining™ platform, which has been demonstrated at pilot scale on multiple battery chemistries using real battery-derived feedstocks.
  • The Company has invested over $25 million in its Tahoe-Reno Innovation Center, creating one of the few operating battery recycling pilot facilities capable of processing commercial materials.
  • Aqua Metals does not expect the project to have a material impact on its near-term financial results.
  • Aqua Metals focuses on developing sustainable lithium battery recycling technologies designed to recover critical materials with lower emissions & reduced waste generation compared to conventional methods.