Aqua Metals Reno Expands Storey County, Nevada, Battery Recycling Operations
01/29/2024
The investment includes the purchase of a five-acre site and an existing building at the Tahoe Reno Industrial Center. Production is scheduled for the first quarter of 2024.
“Our campus vision is a testament to Aqua Metals’ commitment to the future of sustainable lithium battery recycling essential to meeting U.S. electrification and battery manufacturing ambitions in the coming decade," said Steve Cotton, President and CEO, Aqua Metals. “Our plans also represent a meaningful investment in clean energy jobs in the Nevada battery industry, as a leader in the effort to create a secure and sustainable domestic supply chain for the metals needed to power electric vehicles and build battery energy storage systems.”
The project is being supported by $2,213,944 in tax abatements.
Aqua Metals Reno, Inc. recovers minerals from recycled lithium-ion batteries. The company’s patent-pending Li AquaRefining technology is an innovative, closed-loop recycling system based on electroplating, producing high-purity metals with electricity instead of polluting furnaces or one-time-use chemical waste of other recycling approaches.
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