A technological upgrade at Aqua Metals is slated to double the company’s lead recycling and refining output while reducing its capital expenditure on the process by 50pc.
The Nevada-based lead recycler said in a press release on Dec 28 that it had completed its V1.25L electrolyzer program recently. A test run of the new program had resulted in a 100pc increase in lead production compared with the output using the older version of the technology in 2018-19. The company initially expected a 20pc increase in production using the new technology.
Steve Cotton, president and chief executive officer of Aqua Metals, said that the results of the new technology, which exceeded the company’s expectations by five times, would give its future customers a greater value proposition and improve the company’s operating expenses too.
He added that the new technology would help create a “greener and safer” lead battery recycling industry.