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.
President and CEO Steve Cotton said: “With these and other process improvements completed, we believe we are now in a position to scale our AquaRefinery with fiscal responsibility and commence full scale production with our initial four modules, including returning to 24/7 staffed operations early in the second quarter.”
“We appreciate the strong support of our stockholders to back our board members, revitalise our employee equity incentive programme for the first time since 2014 as well as provide for our existing and future partnerships,” Cotton said.
Aqua Metals announced recently that its Nevada facility would be operated and managed by the US arm of France’s transnational Veolia group.
