Latest news with #AquaRefining™
Yahoo
6 days ago
- Business
- Yahoo
Aqua Metals Announces Allowance of Foundational U.S. Patent for Lithium Battery Recycling Technology
Patent Strengthens AquaRefining™ IP Portfolio and Supports Licensing and Joint Venture Strategy for Global Expansion RENO, Nev., June 02, 2025 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), a leader in sustainable lithium battery recycling, today announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance for U.S. Patent Application No. 17/584,975. The newly allowed patent covers critical aspects of Aqua Metals' proprietary lithium battery recycling technology and further strengthens the Company's AquaRefining™ intellectual property portfolio. Originally filed in January 2022, the application reflects years of R&D that progressed from lab and bench-scale validation to successful pilot operations. Aqua Metals has demonstrated the ability to efficiently recover battery-grade lithium carbonate, as well as high-purity nickel and cobalt materials, using its novel, electrified, and regenerative hydrometallurgical process. This patent protects core innovations in Aqua Metals' AquaRefining™ technology—an environmentally superior alternative to traditional recycling. The process offers estimated cost savings of approximately $1,100 per metric ton of black mass input versus conventional hydrometallurgical methods. It also eliminates sodium sulfate waste, generates negligible CO₂ emissions, and provides a safer workplace environment. 'This allowance represents a major milestone in our strategy to scale AquaRefining™ through both owned recycling campuses and global partnerships,' said Steve Cotton, President and CEO of Aqua Metals. 'It strengthens our IP foundation and positions us to pursue licensing and joint venture opportunities with partners who share our vision of building a clean, secure, and domestic battery materials supply chain. We look forward to sharing more on these partnerships soon.' Aqua Metals is also pursuing additional patents, including a novel and cost-efficient process to produce lithium battery precursor materials. The Company is currently in discussions with multiple potential licensees and JV partners worldwide, with this broad new patent allowance expected to play a central role in enabling and structuring those relationships. This patent allowance represents continued progress in Aqua Metals' mission to build a robust intellectual property portfolio and lead the build out of a domestic lithium battery supply chain. 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 Aqua Metals Social Media Aqua Metals has used, and intends to continue using, its investor relations website ( in addition to its X, Threads, LinkedIn and YouTube accounts at (@AquaMetalsInc), (@aquametalsinc), and 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 in this press release include our expectations for our recently issued patent covering our lithium battery recycling technology, including the expected beneficial impact of the patent on our licensing and joint venture opportunities. 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, the risk that (1) we have not commenced the commercial production of recycled black mass using our lithium battery recycling technology or otherwise; (2) there can be no assurance we will be able to realize the expected benefits of our lithium battery recycling process once we commence commercial recycling; (3) the risk we may not be able to successfully acquire the funding necessary to commence commercial recycling; (4) even if we are to able acquire the necessary funding, the risk we may not be able to commence commercial recycling or realize the expected benefits from such recycling; (5) the risk that we may not be able to acquire the funding necessary to maintain our current level of operations; 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 on new circumstances or unanticipated events as they occur, except as required by law. Contact Information Investor RelationsBob Meyers & Rob FinkFNK IR646-878-9204aqms@ MediaDavid ReganAqua
Yahoo
08-05-2025
- Business
- Yahoo
Aqua Metals Expands Product Platform with Advancements in Nickel, MHP, and LFP Recycling; Reports First Quarter 2025 Results
RENO, Nev., May 08, 2025 (GLOBE NEWSWIRE) -- Aqua Metals (NASDAQ: AQMS), an innovator in domestic critical minerals refining, AquaRefining™, today reported financial results for the first quarter ended March 31, 2025, and highlighted major technology and product development milestones that advance the Company's mission to build a low-cost resilient battery supply chain in the United States. First Quarter and Recent Highlights: Delivering New Products and Technologies Aqua Metals has made significant strides toward commercial readiness, building on its AquaRefining™ platform to meet the evolving needs of the lithium battery industry: Product Line Expansion: Produced initial samples of nickel carbonate and mixed hydroxide precipitate (MHP) aligned with potential downstream partners' requirements, unlocking new revenue opportunities and meeting customer specifications for battery-grade precursors. LFP Recycling Breakthrough: Completed bench-scale demonstration and engineering analysis for lithium recovery from lithium iron phosphate (LFP) batteries—poised to become the dominant battery chemistry for EV and stationary storage applications. The Aqua Metals process can take 50% nickel manganese cobalt (NMC) input and 50% LFP input and effectively double lithium carbonate output, improving the economic model. Purity & Performance Advancement: Continued refining high-purity lithium carbonate production process to meet rigorous customer specifications and position Aqua Metals as a preferred partner in domestic lithium production. 'These developments show our technology and operations continue to evolve based on market needs—we're building what we believe to be the most adaptable, forward-looking battery recycling platform in the country,' said Steve Cotton, President and CEO of Aqua Metals. 'As the market shifts, we are innovating in lockstep, preparing to meet demand with flexible, high-performance solutions.' Strategic Site Optimization To align capital deployment with the current market environment—marked by persistently low lithium prices and cautious capital markets—Aqua Metals has entered into an agreement to sell the current Sierra ARC property. The move retires all debt and produces significant cash proceeds while also reducing holding costs by approximately $100,000 per month. This decision adds meaningful cash reserves and runway, allowing the Company to evaluate more cost-efficient locations for future development. Aqua Metals is working closely with prospective strategic materials and financial partners to explore co-location opportunities near feedstock and offtake sources, which could offer significantly lower CAPEX and OPEX. 'By proactively managing our footprint to current market conditions, we're adding the additional resilience the business needs with the long game in mind—maximizing flexibility, minimizing cost, and maintaining focus on execution,' said Cotton. The Company remains committed to constructing its first commercial ARC and is actively working with multiple potential supply, off-take, and funding partners to determine the optimal timing and location. Strengthening Financial Leadership In a planned transition, Judd Merrill will transition from his role as CFO on May 16, continuing in a consulting role through August of 2025. Eric West, formerly Aqua Metals' Vice President of Finance, will step into the role of Chief Financial Officer effective May 19. 'We thank Judd for his years of service and leadership—his experience and dedication have been invaluable during a transformative period for Aqua Metals,' said Cotton. 'We're excited to welcome Eric into the role, continuing the strong collaboration between operations and finance as we build toward commercial scale.' Merrill added, 'It has been a privilege to be part of Aqua Metals' journey, and I'm proud of the team's accomplishments to date and the vision we've built. Having worked with Eric for 6 years at Aqua Metals and several years prior at another company, I have full confidence in Eric's ability to take the CFO helm and look forward to supporting a seamless transition.' West, who will join the Company's May 8th earnings call alongside Cotton and Merrill, commented, 'I'm honored to take on this new role. I've seen firsthand the strength of the technology and team, and I'm committed to helping drive our next phase of development as a leader in lithium battery recycling.' 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 or from the investor relations section of the Company's website at Alternatively, interested parties can access the audio call by dialing 888-428-7458 (toll-free) or 862-298-0702 (international). Following the conclusion of the live event, a replay will be available by dialing 877-660-6853 (toll-free) or 201-612-7415 (international) and using passcode 13753480. 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 Aqua Metals Social Media Aqua Metals has used, and intends to continue using, its investor relations website ( in addition to its X, Threads, LinkedIn and YouTube accounts at (@AquaMetalsInc), (@aquametalsinc), and 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. 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) the risk that we may not be able to acquire the funding necessary to maintain our current level of operations; and (2) 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 RelationsBob Meyers & Rob FinkFNK IR646-878-9204aqms@ MediaDavid ReganAqua AQUA METALS, Consolidated Balance Sheets - Unaudited(in thousands, except share and per share amounts) March 31, 2025 December 31, 2024 ASSETS Current assets Cash and cash equivalents $ 1,589 $ 4,079 Note receivable - LINICO — 100 Accounts receivable 128 — Inventory 245 251 Prepaid expenses and other current assets 257 214 Total current assets 2,219 4,644 Non-current assets Property, plant and equipment, net 11,109 16,473 Intellectual property, net 128 146 Other assets 4,609 5,102 Total non-current assets 15,846 21,721 Total assets $ 18,065 $ 26,365 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 788 $ 1,227 Accrued expenses 2,812 3,130 Lease liability, current portion 296 289 Notes payable related-party, current portion 3,223 306 Note payable, current portion 45 3,230 Total current liabilities 7,164 8,182 Non-current liabilities Lease liability, non-current portion 368 446 Warrant liability 1,002 1,493 Total liabilities 8,534 10,121 Commitments and contingencies (see Note 13) Stockholders' equity Common stock; $0.001 par value; 300,000,000 shares authorized; 8,389,025 and 8,362,549, shares issued and outstanding as of March 31, 2025, respectively and 7,760,255 and 7,730,836 shares issued and outstanding as of December 31, 2024, respectively 8 8 Additional paid-in capital 265,675 264,198 Accumulated deficit (256,085 ) (247,770 ) Treasury stock, at cost; common shares: 26,476 and 29,419 as of March 31, 2025 and December 31, 2024, respectively (67 ) (192 ) Total stockholders' equity 9,531 16,244 Total liabilities and stockholders' equity $ 18,065 $ 26,365 AQUA METALS, Consolidated Statements of Operations - Unaudited(in thousands, except share and per share amounts) Three Months Ended March 31, 2025 2024 Operating cost and expense Plant operations $ 724 $ 2,209 Research and development cost 336 588 Impairment expense 5,247 — General and administrative expense 2,376 2,995 Total operating expense 8,683 5,792 Loss from operations (8,683 ) (5,792 ) Other income and (expense) Interest expense (403 ) (106 ) Interest and other income 280 146 Change in fair value of warrant liability 491 — Total other income, net 368 40 Net loss $ (8,315 ) $ (5,752 ) Weighted average shares outstanding, basic and diluted 8,095,716 5,502,730 Basic and diluted net loss per share $ (1.03 ) $ (1.05 )
Yahoo
19-03-2025
- Business
- Yahoo
Aqua Metals to Announce Fourth Quarter and Full-Year 2024 Financial Results and Host Investor Conference Call on March 31, 2025
RENO, Nev., March 19, 2025 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), a pioneer in sustainable lithium-ion battery recycling, today announced it will report financial results for the fourth quarter and full-year ended December 31, 2024, and provide a business update on Monday, March 31, 2025, and host a conference call that day at 4:30 p.m. ET. The live conference call can be accessed at or from the investor relations section of the Company's website at 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 877-660-6853 (toll-free) or 201-612-7415 (international) and using passcode 13751716. 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 pioneering a sustainable recycling solution for materials strategic to energy storage and electric vehicle manufacturing supply chains. AquaRefining™ is a low-emissions, closed-loop recycling technology that replaces polluting furnaces and hazardous chemicals with electricity-powered electroplating to recover valuable metals and materials from spent batteries with higher purity, lower emissions, and minimal waste. Aqua Metals is based in Reno, NV and operates the first sustainable lithium battery recycling facility at the Company's Innovation Center in the Tahoe-Reno Industrial Center. To learn more, please visit Aqua Metals Social Media Aqua Metals has used, and intends to continue using, its investor relations website ( in addition to its X, Threads, LinkedIn and YouTube accounts at (@AquaMetalsInc), (@aquametalsinc), and respectively, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Contact Information Investor RelationsBob Meyers & Rob FinkFNK IR646-878-9204aqms@ MediaDavid ReganAqua Source: Aqua MetalsSign in to access your portfolio
