AquaMetals secures second patent, announces new CFO, marketing director

Aqua Metals, the lead battery recycler, said on August 8 it had secured a patent with the Australian Patent Office for its Aqua Refining technology.

“Australia is a significant future opportunity for us given that the government is committed to recycling programmes,” said chairman Stephen Clarke. “This is another notable milestone in commercializing our lead recycling technology.”

On August 10 Mark Weinswig took over as chief financial officer from Thomas Murphy, who will continue as a consultant before he retires.

Weinswig began his career on Wall Street, with Morgan Stanley and PricewaterhouseCoopers, and in 2010 was appointed CFO at Emcore, the optical technologies firm, where he restructured the company and “was instrumental in improving financial results”, AquaMetals said.

In another appointment, David Regan becomes director of marketing.

The changes come two months after chief commercial officer Steve Cotton left the company in June.

“The position of CCO will not be replaced,” said a company spokesperson. “As Aqua Metals enters the next phase of development this will give rise to a number of new roles throughout the company such as logistics, materials trading, technology licensing and business development.”