Aqua Metals Signs LOI to Supply Up to 1,000 Tons of Nickel Carbonate Annually to Westwin Elements

Reuters11-10

Aqua Metals Signs LOI to Supply Up to 1,000 Tons of Nickel Carbonate Annually to Westwin Elements

Aqua Metals Inc. announced the signing of a non-binding Letter of Intent (LOI) with Westwin Elements for the potential supply of up to 1,000 metric tons of recycled, battery-grade nickel carbonate annually. The contemplated multi-year arrangement could represent approximately $12 million in annual value based on current nickel prices. The LOI follows successful qualification of Aqua Metals' nickel carbonate by Westwin Elements and outlines plans for both companies to negotiate definitive terms for supply, with targeted product delivery beginning in 2027, pending financing and facility construction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aqua Metals Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9572045-en) on November 10, 2025, and is solely responsible for the information contained therein.

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