Aqua Metals Named Breakthrough Solution of the Year
May 23 2017 - 8:00AM
Aqua Metals, Inc. (NASDAQ:AQMS), (“Aqua Metals” or the “Company”),
which is commercializing a non-polluting electrochemical lead
recycling technology called AquaRefining™, was named winner of the
Platts Global Metals Award, presented by S&P Global Platts, for
the Breakthrough Solution of the Year. This is the second year in a
row that Aqua Metals has been recognized for its innovation and
leadership in the metals world. Both awards recognize the
AquaRefining process, the lead industry’s first environmentally
friendly technology for lead-acid battery recycling.
“To be recognized by a renowned global organization two years in
a row delivers credibility to the significant progress we’ve made
in bringing AquaRefining to commercialization,” said Dr. Stephen
Clarke, chairman and CEO of Aqua Metals. “This is a reflection of
the sheer talent and hard work of our team, as we ramped up
production at our flagship AquaRefinery over the past several
months.”
Aqua Metals’ patent-pending AquaRefining process is a
closed-loop, room temperature electrochemical process that emits
virtually no harmful byproducts. The modular design of the
AquaRefining technology enables unprecedented scalability, allowing
for the co-location of lead-acid battery manufacturing,
distribution and recycling. For the first time, the lead industry
has an environmentally and economically sustainable solution to
efficiently recycle lead-acid batteries.
This year’s Platts award comes on the heels of the Company’s
acceptance of the San Francisco Business Times Tech and Innovation
award, recognizing Aqua Metals as one of the most innovative
companies in the Bay Area.
Aqua Metals executives attended the Platts awards ceremony in
London on May 18, 2017, where the winners were announced. The
Company was also named finalist for two additional awards –
Deal of the Year and Industry Leadership – Base &
Specialty Metals. Last year, Aqua Metals won the Rising Star award
and was a finalist in the Industry Leadership – Base &
Specialty Metals category. The awards consider entrants from over
150 countries and represent a prestigious industry honor for
innovation.
About Aqua MetalsAqua Metals, Inc.
(NASDAQ:AQMS) is reinventing lead recycling with its patent-pending
AquaRefiningTM technology. Unlike smelting, AquaRefining is a room
temperature, water-based process that is fundamentally
non-polluting. These modular systems allow the Company to vastly
reduce environmental impact and scale lead acid recycling
production capacity both by building its own AquaRefineries and
licensing the AquaRefining technology to partners. This meets
growing demand for lead to power new applications including
stop/start automobile batteries which complement the vehicle’s main
battery, Internet data centers, alternative energy applications
including solar, wind, and grid scale storage. Aqua Metals is based
in Alameda, California, and has built its first recycling facility
in Nevada’s Tahoe Reno Industrial Complex. To learn more, please
visit www.aquametals.com.
Safe Harbor This press release contains
forward-looking statements concerning Aqua Metals, Inc., the lead
acid battery recycling industry, the future of lead acid battery
recycling via traditional smelters, the Company’s development of
its commercial lead acid battery recycling facilities and the
quality, efficiency and profitability of the Company’s proposed
lead acid battery recycling operations. Those forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause actual results to differ materially. Among
those factors are: (1) the fact that the Company only recently
commenced revenue producing operations, thus subjecting the Company
to all of the risks inherent in a pre-revenue start-up; (2) risks
related to Aqua Metals’ ability to raise sufficient capital, as and
when needed, to develop and operate its recycling facilities; (3)
changes in the federal, state and foreign laws regulating the
recycling of lead acid batteries; (4) the Company’s ability to
protect its proprietary technology, trade secrets and know-how and
(5) those other risks disclosed in the section “Risk Factors”
included in the Company’s Annual Report on Form 10-K filed on March
2, 2017. Aqua Metals cautions readers not to place undue reliance
on any forward-looking statements. The Company does not undertake,
and specifically disclaims any obligation, to update or revise such
statements to reflect new circumstances or unanticipated events as
they occur.
Aqua Metals Media Relations:
Antenna
Sharon Golubchik
Vice President
201-465-8008
aquametals@antennagroup.com
Aqua Metals Investor Relations:
MZ North America
Greg Falesnik
Managing Director
Main: 949-385-6449
greg.falesnik@mzgroup.us
www.mzgroup.us
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