Signed a definitive agreement with ACME Metal Enterprise Co., Ltd. (ACME) to deploy and license AquaRefining equipment and technologies at its facility in Keelung, Taiwan.
Commenced AquaRefining equipment shipments to first Asia Pacific Licensee, ACME Metal
Reached agreement to lease-to-sell AquaRefinery plant in Tahoe-Reno Industrial Center for $14.5-15.5M to emerging Li-Ion recycler LiNiCo. Received non-refundable deposit of $1.25M plus monthly lease payments and expect to receive full payment between October, 2022 and March, 2023 with a $1M incentive for LiNiCo to exercise option prior to October 1, 2022
Made an initial investment in LiNiCo in February, 2021
Developed and filed provisional patent for work on AquaRefining for lithium-ion battery recycling which has yielded promising results, meeting vital benchmarks and paving the way for end-to-end recycling as early as the end of the year
Signed collaboration agreement with LiNiCo to complete development with plans to deploy and license Li AquaRefining for the first LiNiCo facility
Successfully completed lab-tested cobalt plating at Company’s Innovation Center, yielding cobalt, targeting a pilot circuit that will produce meaningful quantities of critical metals and compounds by late summer or early fall 2022
Added strategic capabilities by appointing Dave McMurtry as Chief Strategist, retaining Silver State Government Relations to help engage state and federal governments and appointed Justin Chen as Aqua Metals’ Asia Pacific regional leader
Established the Aqua Metals Innovation Center in Tahoe-Reno Industrial Center for development and piloting of our AquaRefining for lithium-ion battery recycling technologies
Completed the third generation Aqualyzer for lead; achieved production over 300% compared to the original model
Received final insurance payment of $5.25 million; total insurance proceeds collected is $30.25 million
Subsequent to year end, exercised our warrants to increase our ownership in LiNiCo by 20%
Grown our patent portfolio during the year from six US patents and 40 international patents to eight US and 63 international patents
Quelle:
ir.aquametals.com/press-releases/detail/...unces-2021-results