Aqua Metals Inc Stock Price, News & Analysis

Aqua Metals, Inc. (NASDAQ: AQMS) will participate in the 23rd Annual H.C. Wainwright Global Investment Conference. CEO Steve Cotton will present via webcast on September 13, 2021, at 7:00 a.m. EST, with an opportunity for one-on-one investor meetings. The presentation will be archived for 90 days. Aqua Metals is transforming the metals recycling industry with its AquaRefining™ technology, a sustainable, water-based process that generates ultra-pure metals while minimizing pollution. For more details, visit their website.

Aqua Metals (NASDAQ: AQMS) has announced the successful completion of its V1.5 Aqualyzer program, achieving lead production over 300% greater than previous models. This enhancement leads to a more than 60% reduction in the number of Aqualyzers needed, significantly decreasing both capital costs and operating expenses. The V1.5 models also boast an improved electrical efficiency of 97%. The company is also fine-tuning equipment configurations for its licensing client, ACME, and expects to continue offering economical solutions for battery metals recovery.

Aqua Metals, Inc. (AQMS) reported its second quarter results, achieving a pivotal agreement to license and deploy AquaRefining technology in Taiwan with ACME Metal Enterprise. Key highlights include securing new patent allowances, advancing R&D for lithium-ion battery recycling, and receiving a final insurance payment of $5.25 million, totaling $30.25 million. The company reported no revenue for the quarter, with a net loss of $8.0 million, attributed to asset disposals and operational costs. Cash reserves stood at $10.7 million as of June 30, 2021.

Aqua Metals (NASDAQ: AQMS) has signed a definitive agreement with ACME Metal Enterprise Co., Ltd. to deploy and license its AquaRefining technology for lead recycling in Taiwan. The contract follows a Letter of Intent signed on July 1, 2021. This partnership aims to produce ultrapure lead and develop a process to create lead oxide, enhancing safety, economic costs, and environmental impact. Shipments of AquaRefining equipment are expected in the next quarter, with operations commencing by late 2021, marking a significant advancement in sustainable lead recycling.

Aqua Metals (NASDAQ: AQMS) announced the completion of its final insurance payment of $5.25 million, bringing total insurance proceeds related to the November 2019 fire event to $30.25 million. This significant recovery supports Aqua Metals' transition to a capital light strategy and strengthens its balance sheet. CEO Steve Cotton expressed satisfaction with the insurance recovery, emphasizing its role in advancing revenue opportunities through technology licensing and equipment supply.

Aqua Metals (NASDAQ: AQMS) is set to announce its Q2 financial results for the period ending June 30, 2021, on July 29, 2021, after market close. A conference call is scheduled for the same day at 4:30 PM EDT for stakeholders to discuss the results. The company, known for its innovative AquaRefining™ technology, promotes eco-friendly metals recycling. Shareholders can access the call via phone or through a live webcast. Aqua Metals aims to lead in sustainable metal recycling, serving the expanding energy storage market.

Aqua Metals has signed a Letter of Intent (LOI) with ACME Metal Enterprise to deploy and license its AquaRefining technology in Taiwan. The LOI provides 60 days to finalize the agreement and involves the joint development of oxide material from AquaRefined briquettes. This partnership aims to position Aqua Metals as a leader in eco-friendly lead recycling in the APAC region. The company also plans to strengthen its intellectual property in oxide manufacturing by utilizing both conventional processing methods.

Aqua Metals (NASDAQ: AQMS) announced its inclusion in the Russell Microcap® Index effective June 28, 2021. This recognition highlights the company’s growth and market value, promising increased exposure to institutional investors. The company aims to advance its AquaRefining™ technology and Aqualyzer™ clean battery recycling model, contributing to the $20B lead battery recycling industry and future lithium-ion recycling. CEO Steve Cotton noted that this inclusion will enhance visibility and support Aqua Metals' mission towards sustainable metals recycling, aligning with global Net-Zero emissions goals.

Aqua Metals reported its first-quarter results for 2021, highlighting significant developments including a $1.4 million insurance payment and total collections of $25 million. The company is in advanced discussions for licensing its AquaRefining technology and has strengthened its board with two new members. Notably, Aqua Metals made a $1.5 million investment in LiNiCo, aimed at lithium-ion battery recycling. The company experienced an operating loss of $4.2 million and net loss of $4.1 million, while maintaining $11.7 million in cash and cash equivalents as of March 31, 2021.