Aqua Metals releases investor presentation outlining Headwaters ARC phased LFP battery-materials processing rollout

• Aqua Metals outlined a staged buildout for its Headwaters ARC critical-minerals processing platform, starting with LFP battery scrap preprocessing.
• Phase 1 targets 20,000 tonnes per year of preprocessing capacity across two lines, producing copper, aluminum, and high-grade black mass for early revenue.
• Phase 2 would add AquaRefining to convert LFP black mass into higher-value products, including battery-grade lithium carbonate, iron phosphate, and graphite.
• AquaRefining is positioned as a lower-cost hydromet design, aiming to cut one-time-use chemicals, reduce sulfate waste, and recover copper as metal.
• Near-term priorities include finalizing equipment scope, advancing vendor-supported financing, incentives, real-estate funding structures, and permitting toward a Phase 1 execution decision.

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