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Aqua Metals Enters LoI With A Leading Midwest Metals Recycler to Purchase Recovered Copper And Aluminum Expected To Come From Its Lithium-Ion Battery Recycling Facility, Project Headwaters; Implies $105M+ Of Projected Value

BenzingaBenzinga Newsdesk

Building upon the Company’s previously announced six-year lithium product offtake for the sale of lithium carbonate, Aqua Metals has now established offtake pathways for all three primary Project Headwaters product

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  1. Globenewswire IncNa

    Aqua Metals and WMC Sign LOI Covering 100% of Planned Lithium Carbonate Output from First Commercial-Scale AquaRefining™ Facility

    Aqua Metals signed a non-binding six-year letter of intent with WMC Group AG to purchase 100% of lithium carbonate output from Project Headwaters, its planned first commercial-scale recycling facility. The facility is expected to produce approximately 7,000 metric tons of lithium carbonate through 2032, representing roughly $135 million in gross value at current market pricing. The agreement is driven by new U.S. policy restricting battery black mass sales to domestic entities, creating urgent demand for domestic refining capacity.