Product Line Expansion
Aqua Metals produced initial samples of nickel carbonate and mixed hydroxide precipitate, which unlock new revenue opportunities and enhance value propositions for partners.
LFP Recycling Breakthrough
Completed engineering analysis and demonstration for lithium recovery from LFP batteries, allowing the handling of a 50% NMC and 50% LFP input blend, doubling lithium carbonate output.
Purity and Performance Advancements
Improved battery-grade lithium carbonate assays to meet specific customer specifications, strengthening Aqua Metals' position as a trusted supplier.
Debt Retirement and Cash Conservation
Sale of Sierra ARC property to retire all debt, generating cash reserves and reducing holding costs by approximately $100,000 per month.