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Aqua Metals +29% on strategic partnership with Interstate Batteries

May 19, 2016 3:59 PM ETAqua Metals, Inc. (AQMS) StockBy: Carl Surran, SA News Editor1 Comment
  • Aqua Metals (NASDAQ:AQMS +29.3%) skyrockets nearly 30% to a 52-week high after reporting a new strategic partnership with top replacement battery brand Interstate Batteries.
  • Interstate Batteries agrees to supply more than 1M automotive and other lead-acid batteries as feedstock for AQMS' AquaRefineries, and will make a ~$10M strategic investment into AQMS in common stock over the next three years.
  • Through its U.S. network of 200K-plus dealers returning battery cores, Interstate Batteries recycled 24.9M automotive batteries in 2015 and sells more than 17M auto batteries annually.
  • Now read Aqua Metals: Disruptor in a $22 billion industry

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