Aqua Metals Inc (OQ:AQMS)
Business Focus: Nonferrous Metal Processing
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 5370 Kietzke Lane, Suite 201 RENO NV 89437 |
| Tel: | N/A |
| Website: | https://www.aquametals.com |
| IR: | See website |
| Key People | ||
| Stephen Dean Cotton President, Chief Executive Officer, Director | Judd B. Merrill Chief Financial Officer | Benjamin Taecker Chief Engineering and Operating Officer | Dave Mcmurtry Chief Business Officer |
| Business Overview |
| Aqua Metals, Inc. is engaged in the business of recycling metals. The Company is reinventing metals recycling with its patented AquaRefining technology. It provides sustainable recycling solution for materials strategic to energy storage and electric vehicle manufacturing supply chains. The Company's AquaRefining technology is a low-emissions, closed-loop recycling technology that replaces polluting furnaces and hazardous chemicals with electricity-powered electroplating to recover valuable metals and materials from spent batteries with higher purity, lower emissions, and minimal waste. AquaRefining is designed to deliver raw materials back into the manufacturing supply chain and replaces the need for polluting furnaces and hazardous chemicals with electricity-powered electroplating to recover valuable metals and materials from spent batteries with higher purity, lower emissions, and minimal waste. AquaRefining process produces purity metals and alloys. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Aqua Metals Inc revenues increased from $4K to $25K. Net loss increased 55% to $23.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Lead Recycling segment loss increase of 57% to $24.5M, United States segment loss increase of 57% to $24.5M. |
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