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Aqua Metals Inc

aquametals.com

What Do They Do?

Develops electricity-powered recycling technology to recover lithium and other battery materials for battery manufacturers and metals-market buyers.

Who Are Their Customers?

Targets battery manufacturers and metals-market users for recovered materials; metals are generally sold directly from producers or traders to users.

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▼ −34% (Loss)
vs −$6.8M in Q2 FY2025

A narrower lithium product slate The earlier report describes plans to recover lithium hydroxide, nickel, cobalt, manganese dioxide and copper; the latest prioritizes lithium carbonate and mixed hydroxide precipitate.

Commercial focus moved to lithium-ion recycling The earlier report describes lead-recycling operations with a Taiwan partner alongside lithium-ion pilot work; the latest centers on developing lithium-ion recycling and commercial deployment.

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