Benzinga | Jun 8, 2021 08:09AM EDT

Aqua Metals To Join Russell Microcap Index

Aqua Metals, Inc. (NASDAQ:AQMS) ("Aqua Metals" or the "Company"), which is reinventing metals recycling with its AquaRefining(tm) technology, announced that it will join the Russell Microcap(r) Index effective June 28, 2021, at the conclusion of the 2021 Russell Microcap(r) Index's annual reconstitution. Aqua Metals was identified on the preliminary list of additions that were posted on June 4, 2021. Inclusion in the Russell Microcap(r) Index provides Aqua Metals with automatic inclusion in appropriate growth and value indexes. FTSE Russell determines membership for its indices primarily by objective, market-capitalization rankings and style attributes.



Steve Cotton, President and CEO of Aqua Metals stated, "Having Aqua Metals included in the Russell Microcap(r) Index recognizes our Company's growth, and value proposition as we move forward with our capital light AquaRefining(tm) technology licensing and Aqualyzer(tm) clean battery recycling equipment supply business model. In addition to greatly enhancing the working environment and worker safety with our fundamentally non-polluting AquaRefining metals recovery technology, we aim to support worldwide Net-Zero emissions efforts in upgrading the growing $20B lead battery recycling industry and cleanly building the lithium-ion battery recycling industry, expected to reach $20B in just a few years. The exposure to additional institutional investment managers and investment professionals that comes from being included in the Russell Microcap(r) Index will be of great benefit as we share our mission and continued progress with potential new shareholders. With over $10 trillion in assets benchmarked against Russell's US indexes, Aqua Metals is honored to be included with other strong, growing and successful companies".

For more information on the Russell Microcap(r) Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.