AQMS News & Events

Aqua Metals announced that it has entered into a term sheet to acquire Lion Energy. Following the closing of the transaction, Aqua Metals plans to leverage Lion Energy's solutions, brand, intellectual property, capital, technical talent and manufacturing capabilities to transform Aqua Metals into a domestic power player capable of managing the entire battery lifecycle, from manufacturing and deployment to intelligent grid participation and end-of-life recovery.

Aqua Metals, American Battery Factory announced a proposed strategic collaboration focused on advancing a more competitive, domestic battery materials supply chain through recycling and circular manufacturing. Under a non-binding Memorandum of Understanding, the companies intend to evaluate the co-location of a commercial Aqua Metals lithium-ion battery recycling facility adjacent to ABF's planned battery cell manufacturing operations in Tucson, Arizona. The proposed collaboration would enable Aqua Metals to recycle lithium-ion battery manufacturing scrap generated by ABF and return battery-grade lithium carbonate for reuse in U.S. based battery production.

Aqua Metals announced the execution of a multi-year Material Supply Agreement with 6K Energy. The agreement establishes a commercial framework for the future supply of battery-grade nickel metal and lithium carbonate produced using Aqua Metals' proprietary AquaRefining process. Under the agreement, Aqua Metals and 6K Energy will align on product specifications, qualification pathways, and index-based pricing mechanisms to support the use of recycled and refined critical battery materials in domestic cathode manufacturing. The MSA has an initial three-year term and is designed to support 6K Energy's leading CAM production process as market demand is expected to accelerate later this decade. 6K will have the option to purchase AQMS' production of battery-grade nickel metal and lithium carbonate at prices based on the then current London Metal Exchange trading prices. The agreement contemplates material volumes that could represent tens of millions of dollars in annual battery-materials value, subject to qualification, market conditions, and scale-up. The MSA is being entered into by the parties with the expectation that 6K will complete its proposed battery material production facility and Aqua Metals will complete an expanded recycling facility.