Aqua Metals, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $7.3M
- Price
- $2.05
- % Change (Daily % change from the live per-ticker quote feed.)
- +1.99%
- Volume
- 15.2K
About
Predominantly operating in the United States, Aqua Metals, Inc. specializes in the reclamation of lead. This company manufactures and supplies various forms of lead, including hard lead and lead-based compounds, in addition to plastic materials. Aqua Metals, Inc. commenced operations in 2014 and has its corporate headquarters situated in Reno, Nevada.
Quick stats
Shares outstanding3.6M
Computed float3.3M
Float / shares92.5%
Cash runway (months)2.1
Key info
SectorIndustrials
IndustryWaste Management
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001621832
Websitehttps://www.aquametals.com
AI Summary
AI-generated1/13
standardbullishpartnership
Aqua Metals Signs Five-Year Copper and Aluminum Offtake LOI, Completing Commercial Coverage of Three Project Headwaters Product Streams
Aqua Metals signed a five-year letter of intent with a leading Midwest metals recycler for the purchase of recovered copper and aluminum from Project Headwaters, which the company values at more than $105 million at current commodity prices.
The LOI contemplates purchase of up to 100% of commercially saleable copper and aluminum and follows the previously announced WMC Group lithium carbonate offtake framework, giving the planned facility commercial pathways for all three primary product streams before construction begins.
The agreement is non-binding and provides a 24-month window to negotiate a definitive offtake agreement, with product qualification expected as the initial phase of the facility begins producing material.
Management says the completed offtake coverage can help support project financing while reducing future commodity marketing and product-placement risk for the planned domestic LFP battery recycling platform.
Red flags
- LOI is non-binding; definitive offtake agreement not guaranteed, with a 24-month negotiation window
- Project Headwaters is pre-construction; development contingent on financing, long-term site control and permits
- Forward-looking statement disclosures flag risk that the company may not obtain additional capital required to maintain current operations