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Aqua Metals Wins Patent for Lithium Recycling Tech

On Monday, Aqua Metals, Inc. (NASDAQ:AQMS) announced that the company has been granted a Notice for Allowance by the U.S. Patent and Trademark Office for a patent that covers critical aspects of its lithium battery recycling technology. This act of further strengthening the metal recycling company’s AquaRefining intellectual property portfolio is an important step in expanding its technology through partnerships and licensing opportunities.

The patent application, originally filed in January 2022, underscores the company’s capabilities in recovering battery-grade lithium carbonate, along with high-purity nickel and cobalt materials, by utilizing novel, electrified, and regenerative hydrometallurgical processes. Aqua Metals, Inc. (NASDAQ:AQMS) President and CEO Steve Cotton stated the following:

“This allowance represents a major milestone in our strategy to scale AquaRefining through both owned recycling campuses and global partnerships. It strengthens our IP foundation and positions us to pursue licensing and joint venture opportunities.”

Aqua Metals, Inc. (NASDAQ:AQMS) sees AquaRefining technology as its strength. The technology is driven by an eco-friendly approach, offering lower waste, a reduction in CO2 emissions, and excellent cost-savings, noted to be around $1,100 per metric ton of black mass input in contrast to conventional techniques.

Not stopping there, Aqua Metals, Inc. (NASDAQ:AQMS) is also going after additional patents based on the production of lithium battery precursor materials. The company aims to take the lead in the development of the local lithium battery supply chain, and this is supported by the giant’s recent efforts.

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READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure. None.

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