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Steve Cotton

Aqua Metals hails three-month ingot production record

Tue, 06/11/2019 - 14:09 -- John Shepherd
Aqua Metals hails three-month ingot production record

US lead-acid battery recycler Aqua Metals has announced record ingot production figures for three months of this year at its AquaRefining plant in Nevada.

The company said it had achieved “sequential production records” of AquaRefined lead as well as lead metal bullion in March, April and May. 

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Aqua Metals upbeat on shares offer despite Q1 loss

Fri, 05/10/2019 - 12:05 -- John Shepherd
Aqua Metals upbeat on shares offer despite Q1 loss

US lead-acid battery recycler Aqua Metals, which posted a first-quarter net loss of US$11.7 million, said it intends to offer and sell shares of its common stock in an underwritten public offering. 

The loss reflected several non-cash items, including expenses related to the firm’s agreement with the US arm of France’s transnational Veolia group to operate and manage its AquaRefining plant in Nevada.

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Veolia to manage operations at Aqua Metals’ Nevada facility

Mon, 03/04/2019 - 00:00 -- John Shepherd
Steve Cotton

The US arm of France’s transnational Veolia group is to operate and manage the Nevada facility of US lead-acid battery recycling company Aqua Metals.

Aqua Metals said Boston-based Veolia North America Regeneration Services would provide operations, maintenance and management services at the AquaRefining plant in McCarran under a partnership agreement.

Veolia “will contribute operational and technological expertise and organisational capabilities in aqueous-based process chemistries and electrolysis, along with taking on responsibility for operations, supply chain, off take and management of the plant”, Aqua Metals said.

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Aqua Metals chief upbeat as ingots production gears up

Mon, 10/22/2018 - 00:00 -- John Shepherd
Ingoting process at Aqua Metals' plant in Nevada

Novel US lead-acid battery-recycling company Aqua Metals has “overcome technical hurdles” and is now making lead ingots at a “steady state”, the company’s president has announced.

Steve Cotton said the firm would be able to ship its “ultra-pure AquaRefined lead directly to battery manufacturers for production— and also allow them to test our AquaRefined lead for improved battery performance and life”.

Cotton’s announcement signalled what the company hopes will be a continuation of a gradual turnaround in its fortunes following a number of setbacks in striving to commercialise a water-based lead-acid recycling process.

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Aqua Metals not yet at ‘steady state’ operation

Tue, 08/14/2018 - 10:51 -- gerry@bestmag.co.uk
Aqua Metals lead ingot

Newly-appointed Aqua Metals president Steve Cotton, who left the novel lead-acid battery recycling firm just over a year ago, has admitted the company is still working on getting its process modules to “steady state” operation— and will probably be operating as little as four of them in the coming months to get things right as the company moves to scale.

Concentrating on the technology is unlikely to improve the company’s bottom line for some time. However, the original business model was premised on being able to sell fund development through the sale of sufficient refined lead. 

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Aqua Metals share offering follows ‘pure lead milestone’

Thu, 06/21/2018 - 09:49 -- Xuan Zhong
Aqua Metals share offering follows ‘pure lead milestone’

US lead-acid battery-recycling start-up Aqua Metals is raising cash to expand its business after producing its first commercial high-grade lead following months of setbacks.

The company said on 13 June it intended to offer and sell shares of its common stock in an underwritten public offering— using the net proceeds “for working capital, which could include capital expenditures related to addressing operational efficiencies and the expansion of production activities” at its initial AquaRefining facility in McCarran, Nevada. 

 

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