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Veolia

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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Bullish Aqua Metals set for lead production boost

Thu, 03/28/2019 - 14:56 -- John Shepherd

US lead-acid battery recycler Aqua Metals has told shareholders the company is on course for an estimated 25% increase in lead metal production after completing the first phase of a capital programme.

The company said the production increase would come from its first full production run of lead bullion from a newly commissioned third kettle— used to process the hard lead from the batteries it breaks.

A new filter press has also been installed and started up and a new centrifuge has been installed, Aqua Metals confirmed on 28 March.

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