Aqua Metals Inc AQMS:NASDAQ

Last Price$0.81Cboe Previous Close - Real-Time Last Sale as of 3:56PM ET 5/18/22
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Aqua Metals Licenses Refining Technology to Taiwan-Based ACME

9:04AM ET 7/01/2021 MT Newswires
Aqua Metals (AQMS) said Thursday it has signed a letter of intent with Taiwan-based ACME Metal Enterprise to deploy and license equipment based on the US company's AquaRefining technology at ACME's facility in Keelung, Taiwan.

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