Dragonfly Energy Successfully Manufactures Lithium Battery Cell Using High-Purity Recycled Battery Materials From Aqua Metals
Portfolio Pulse from Benzinga Newsdesk
Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) and Aqua Metals, Inc. (NASDAQ:AQMS) have successfully manufactured a lithium-based battery cell using high-purity lithium hydroxide recovered from recycled lithium-ion batteries. This is a significant advancement for sustainable lithium-ion battery production and demonstrates a potential path towards a more circular and sustainable lithium battery manufacturing industry. The companies aim to create a closed lithium loop in Nevada, where lithium battery material sourcing, manufacturing, and recycling all happen within the state.
September 19, 2023 | 12:13 pm
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POSITIVE IMPACT
Aqua Metals' ability to recover high-purity lithium hydroxide from recycled lithium-ion batteries, which was used in the successful manufacturing of a lithium-based battery cell, could enhance its standing as a sustainable lithium battery recycling pioneer. This could potentially attract more business partners and investors, positively impacting its stock price.
Aqua Metals' successful recovery of high-purity lithium hydroxide from recycled batteries demonstrates its capabilities in sustainable lithium battery recycling. This could potentially attract more business partners and investors, leading to a rise in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Dragonfly Energy's successful manufacturing of a lithium-based battery cell using recycled materials could boost its reputation as a sustainable energy storage solutions provider. This could potentially attract more investors and customers, positively impacting its stock price.
Dragonfly Energy's successful use of recycled materials in battery manufacturing demonstrates its commitment to sustainability, which is a growing concern among investors and customers. This could potentially increase demand for its products and attract more investors, leading to a rise in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100