Aqua Metals said in a statement that the partnership also includes the joint development of processing AquaRefined briquettes into battery ready oxide material with an unidentified global battery maker.
ACME, which currently refines lead bullion into lead alloys for sale to battery makers, will add the capability to produce ultra-high purity AquaRefined briquettes for use in oxide production, according to the statement.
Financial terms were not disclosed.
Aqua Metals shares rose 2.3% in premarket trading.
Price: 3.0000, Change: +0.0300, Percent Change: +1.01