Aqua Metals reports 2024 milestones: validated Li AquaRefining, raised $15M, advanced Sierra ARC

Aqua Metals, Inc.

Li AquaRefining pilot achieved >99% recovery of lithium, cobalt, nickel with 83% lower CO2 emissions.
Produced >600 lbs of >99.5% pure battery-grade lithium carbonate; supplied to CAM producers.
Raised ~$15M in equity and $1.5M bridge financing; $2.2M Nevada tax abatement received.
Signed long-term supply agreement with 6K Energy for domestic cathode recycled content.
Sierra ARC Phase One facility ready for equipment installation; commercialization subject to additional financing.

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