Aqua Metals has announced it secured a USD2.2 million incentive package from the Nevada Governor’s Office of Economic Development (GOED) which will be used to aid Aqua Metals’ Nevada Sierra AquaRefining™ Campus (ARC) project. The incentive comes in the form of tax relief for a ten-year period for USD17 million worth of equipment and USD18 million worth of construction costs for the first phase of its Sierra ARC project.
A First Commercial Project
Sierra ARC is currently under construction with Phase 1 set to come online in H1 2024. It will be the company’s first commercial scale deployment of its Li Aquarefining™ technology. Subject to additional financing Phase 1 will reach full capacity in 2025, able to process…
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