
Project Headwaters aims to be first commercial-scale deployment of AquaRefining™ for lithium carbonate production Planned output of approximately 7,000 metric tons through 2032 represents roughly $135 million of illustrative gross value at current market pricing RENO, Nev., Aug. 31, 2026 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (“Aqua Metals” or the “Company”), a leader in sustainable lithium-ion battery recycling, today announced that it has signed a non-binding six-year letter of intent (“LOI”) with WMC Group AG(“WMC”), a global, leading commodity merchant active in the battery raw material value chain, covering 100% of the planned lithium carbonate output from Project Headwaters, which is expected to be the first commercial-scale deployment of the Company's AquaRefining™ process for lithium carbonate production.









