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.
Aqua Metals produced approximately 60,000 pounds of ultra-pure AquaRefined lead in March, 140,000 pounds in April and 200,000 pounds in May.
The 7 June announcement will put a spring in the step of the company, which earlier this year unveiled a first-quarter net loss of $11.7 million.
Aqua Metals president and CEO Steve Cotton said the latest production figures were in line with guidance for the quarter “and speak to the significant progress we have made so far in 2019”. “It also gives us further confidence that we will achieve our goal of having all 16 AquaRefining modules running by year end.”
Aqua Metals said earlier this year that its Nevada facility would be operated and managed by the US arm of France’s transnational Veolia group. The move would help the company “become a capital-light technology licensing organisation that expands AquaRefining technology into battery recycling centres across the globe”, Steve Cotton said.
