Aqua Metals Appoints Justin Chen as APAC Region Leader
05 January 2022 - 12:00AM
Aqua Metals, Inc. (NASDAQ: AQMS) ("Aqua Metals" or the "Company"),
a leading innovator in metals recycling with its AquaRefining™
technology, has appointed Justin Chen, a critical minerals and
chemical industry veteran, based in Taipei, Taiwan as Aqua Metals’
Asia Pacific regional leader. Chen will add key organizational
capability in ensuring the success of the Company’s first licensee,
ACME Metal, to drive region-wide business and market development
for AquaRefining solutions for lead and lithium battery recycling.
Mr. Chen most recently served as the Director –
Center of Excellence for APAC and then China Country Manager for
Albemarle Corporation, the largest provider of lithium for electric
vehicle batteries. Prior to his tenure at Albemarle, Mr. Chen
served in various roles, including business development, product
marketing and commercial excellence for Dow Chemical and Borouge in
the APAC region.
“Justin’s deep background in critical materials and
business development in APAC, coupled with his recent relocation to
Taipei, make him the perfect hire to ensure the success of our
first licensee, ACME Metal in Taiwan, as well as supporting Aqua
Metal’s business initiatives in APAC” said David Regan, Vice
President, Commercial.
“I was attracted by the opportunity to facilitate
Aqua Metals’ entry into Taiwan and the wider APAC marketplace
because of its environmental and economic advantages and its
potential to disrupt and greatly enhance the rapidly growing energy
storage marketplace,” said Justin Chen. “By drawing on my
background in critical materials, business and market development,
I look forward to partnering with Aqua Metals, ACME, and additional
parties to make AquaRefining a success throughout the region.”
Mr. Chen, who has participated in meetings and
onboarding activities with Aqua Metals and ACME Metal in Taiwan,
will be integral to ensuring the success of the phased deployment
of AquaRefining, working with ACME to develop the direct to oxide
opportunities and streamline the link between battery recycling and
manufacturing. In addition to the ACME partnership, Mr. Chen will
facilitate general market and business development opportunities
throughout the APAC region.
About Aqua MetalsAqua Metals, Inc.
(NASDAQ: AQMS) is reinventing metals recycling with its patented
hydrometallurgical AquaRefining™ technology. The modular
Aqualyzers™ cleanly generate ultra-pure metal one atom at a time,
closing the sustainability loop for the rapidly growing energy
storage economy. The Company’s offerings include equipment supply,
services, and licensing of the AquaRefining technology to recyclers
across the globe. Aqua Metals is based in McCarran, Nevada. To
learn more, please visit www.aquametals.com.
Safe HarborThis press release contains
forward-looking statements concerning Aqua Metals, Inc.
Forward-looking statements include, but are not limited to, our
plans, objectives, expectations and intentions and other statements
that contain words such as "expects," "contemplates,"
"anticipates," "plans," "intends," "believes", "estimates",
"potential" and variations of such words or similar expressions
that convey the uncertainty of future events or outcomes, or that
do not relate to historical matters. The forward-looking statements
in this press release include our expectations for the benefits of
our collaboration with ACME, the development of a methodology to
produce oxide directly from AquaRefined material, and the expected
benefits of creating oxide directly from AquaRefined briquettes.
Those forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual results to
differ materially. Among those factors are: (1) the risk that we
may not derive the expected benefits from our agreement with ACME;
(2) the risk we may not be able develop a methodology to produce
oxide directly from AquaRefined material or, if we do, derive the
expected benefits from such methodology; (3) the risk that we may
not be able to satisfactorily demonstrate to potential licensees
the technical and commercial viability of our Aqualyzer and
AquaRefining process; (4) the risk that licensees may refuse or be
slow to adopt our AquaRefining process as an alternative to
smelting in spite of the perceived benefits of AquaRefining; (5)
the risk that we may not realize the expected economic benefits
from any licenses we may enter into; (6) the risk that we may not
be able to access additional capital as and when needed and (7)
those other risks disclosed in the section "Risk Factors" included
in our Annual Report on Form 10-K filed on February 25, 2021 and
subsequent SEC filings. Aqua Metals cautions readers not to place
undue reliance on any forward-looking statements. The Company does
not undertake, and specifically disclaims any obligation, to update
or revise such statements to reflect new circumstances or
unanticipated events as they occur, except as required by law.
Contact: Glen Akselrod, Bristol Capital(905)
326-1888, Ext. 1glen@bristolir.com
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