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Benzinga
Benzinga
Business
Akanksha Bakshi

Aqua Metals Begins AquaRefining Equipment Shipments To ACME Metal

  • Aqua Metals Inc (NASDAQ:AQMS) has commenced Aqualyzer equipment shipments to its first Asia Pacific licensee ACME Metal.
  • These shipments support the previously announced plan to install and commission the AquaRefining facility in early 2022.
  • Aqua Metals noted it has finalized the Phase 1 deployment plans and began the transition from design and shipments to execution and commissioning of the Phase 1 deployment at ACME Metal.
  • Aqua Metals intends to handover ongoing operations of the Phase 1 implementation to ACME Metal by Q2 2022.
  • "We will also finalize the details for the Phase 2 scale-up planned to take place later in 2022," said Ben Taecker, Chief Engineering and Operations Officer, Aqua Metals.
  • Price Action: AQMS shares are trading higher by 7.32% at $1.32 on the last check Monday.
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