Aqua Metals and 6K Energy Sign Strategic Supply Agreement to Establish North America’s First Sustainable Lithium Battery Supply Chain
RENO, Nev. and JACKSON, Tenn., March 26, 2024 (GLOBE NEWSWIRE) -- Aqua Metals (NASDAQ: AQMS) and 6K Energy announced the signing of a strategic supply agreement today, establishing North America's first sustainable circular supply chain for the critical minerals essential for manufacturing lithium-ion batteries.
- RENO, Nev. and JACKSON, Tenn., March 26, 2024 (GLOBE NEWSWIRE) -- Aqua Metals (NASDAQ: AQMS) and 6K Energy announced the signing of a strategic supply agreement today, establishing North America's first sustainable circular supply chain for the critical minerals essential for manufacturing lithium-ion batteries.
- Starting in 2024, Aqua Metals will supply 6K Energy with sustainably recycled critical minerals, ramping up to provide 30% of the nickel and lithium carbonate needed for 6K Energy's PlusCAM facility.
- As the United States expands lithium battery manufacturing capacity to nearly one terawatt-hour by 2030, the alliance between Aqua Metals and 6K Energy aims to establish North America’s only sustainable closed-loop supply chain for critical battery materials.
- The core of Aqua Metals’ and 6K Energy's position as pioneers of a sustainable supply chain lies in their innovative, electrified processes.