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AquaRefining

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 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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Aqua Metals appoints Mould as interim CEO

Wed, 05/02/2018 - 09:48 -- Xuan Zhong
Aqua Metals appoints Mould as interim CEO

Aqua Metals has appointed co-founder and chief operating officer Selwyn Mould (pictured) as interim CEO.

Mould succeeds Dr Stephen Clarke— who Aqua Metals has now said resigned from the post and his roles as chairman and a director earlier this year, but will “stay involved” as a consultant.

 

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Aqua Metals fights back with lead production “milestone”

Mon, 03/12/2018 - 13:08 -- John Shepherd
Aqua Metals fights back with lead production “milestone”

Aqua Metals, the US lead-acid battery-recycling start-up, is ramping up its commercial fightback by completing its “first24-hour run of continuous operations” of lead production after months of production setbacks.

The company confirmed on 5 March it had completed the move following modifications to its AquaRefining facility in Nevada to resolve a “sticky lead” condition that had hampered production.

 

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Aqua Metals retrofit “fixes sticky lead”

Mon, 02/19/2018 - 11:23 -- John Shepherd
Aqua Metals retrofit “fixes sticky lead”

US lead-acid battery-recycling start-up Aqua Metals has successfully modified equipment to resolve a “sticky lead” condition that had hampered production at its facility in Nevada.

The company, which is working to commercialise a water-based recycling process, revealed last December that lead recovered during its AquaRefining process was sticking to the exit chutes of processing equipment.

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Aqua Metals admits ‘significant’ delay as losses mount

Mon, 11/20/2017 - 10:28 -- John Shepherd
Aqua Metals admits ‘significant’ delay as losses mount

The head of US lead-acid battery recycling start-up Aqua Metals has admitted the firm is “significantly behind schedule” in its production plans.

Chairman and CEO Dr Stephen Clarke (pictured) said earlier this year that Aqua Metals, which wants to commercialise a water-based recycling process, was preparing for “explosive growth” in 2018.

 

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Aqua Metals’ Q2 revenues show progress?

Tue, 08/01/2017 - 09:31 -- News Editor
Aqua Metals’ Q2 revenues show progress?

Aqua Metals, the US start-up which develops green lead recycling technology called AquaRefining™, says its total revenues for the second quarter of 2017 were just $603,000.

If the company’s own forecasts are to be believed, it is going to have to “go nuclear” to achieve the ‘explosive growth’  (US$100M-$120M) revenue predicted by Dr Stephen Clarke, the chairman and CEO of Aqua Metals, in a recent statement.

 
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