Recycling firm Aqua Metals Q3 net loss drops

Aqua Metals

12/11/2025 21:32

Overview

Aqua Metals reports Q3 net loss of $3.1 mln

Company raised $13 mln from institutional investor for commercial facility development

Advanced pilot-scale processing of LFP battery materials, producing battery-grade lithium carbonate

Outlook

Aqua Metals aims to complete engineering for its first commercial-scale facility

Company plans to supply 500–1,000 metric tons of recycled nickel carbonate annually

Aqua Metals sees opportunity in deep-sea mineral processing partnerships

Result Drivers

LFP BATTERY PROCESSING - Successfully processed 1 metric ton of LFP cathode scrap, producing battery-grade lithium carbonate

STRATEGIC PARTNERSHIPS - Signed MOUs with MOBY Robotics and Impossible Metals for deep-sea minerals exploration

NICKEL SUPPLY CHAIN - LOI with Westwin Elements for potential supply of recycled nickel carbonate

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
-$2.19
Q3 Net Income
-$3.12 mln
Q3 Operating Expenses
$3.07 mln
Q3 Operating Income
-$3.07 mln
Q3 Pretax Profit
-$3.12 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the specialty mining & metals peer group is "buy"

Wall Street's median 12-month price target for Aqua Metals Inc is $7.00, about 6% above its November 11 closing price of $6.58

Press Release: ID:nGNX9J3YCH

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)