USA: Aqua Metals to Supply Lithium Hydroxide to Dragonfly

Aqua Metals, Inc., an innovator in metals recycling with its AquaRefining technology, and Dragonfly Energy Corporation, a leading manufacturer of deep-cycle lithium-ion batteries, have announced they have entered into a non-binding letter of intent (LOI) for Aqua Metals to supply lithium hydroxide to Dragonfly.

Under the LOI, Dragonfly would purchase commercial quantities of lithium hydroxide from Aqua Metals to support Dragonfly’s ongoing development of its solid-state lithium-ion battery technologies and future manufacturing activities, as well as providing recycling services. Dragonfly expects to begin production of its solid-state pilot line in 2023, with a supply of lithium hydroxide from its partner to commence at the time of full-scale manufacturing.

(Published in GLOBAL RECYCLING Magazine 3/2022, Page 38)