Benzinga | Dec 28, 2020 08:04AM EST

Aqua Metals Completes its V1.25L Electrolyzer Program on Time and Under Budget

Aqua Metals, Inc. (NASDAQ:AQMS) ("Aqua Metals" or the "Company"), which is reinventing lead recycling with its AquaRefining(tm) technology, announced it has completed its V1.25L electrolyzer program on time and under budget, achieving lead production that is 100% greater compared to the V1.0 electrolyzer deployed at the AquaRefinery during commercial production in 2018 and 2019. The Company previously guided a 20% increase of throughput, yet the V.125L electrolyzer surpassed that guidance by 500%. The V1.25L program concluded with a multi-day 24/7 endurance run that ended on December 24th.