Lithium Battery Company Initiates $33M Loan Agreement For New Recycling Plant

Aqua Metals, Inc. (NASDAQ: AQMS), a company in sustainable lithium-ion battery recycling, recently announced the signing of a non-binding term sheet with one of the world’s largest privately held companies for a secured credit facility of up to $33 million. This financial collaboration aims to provide funding for the completion of the Phase One development of the Sierra AquaRefining Campus (ARC), a crucial step in Aqua Metals' mission to establish a commercial-scale lithium battery recycling plant. $Aqua Metals (AQMS.US)$