Elemental Strategic Metals of Zawiercie, Poland, and Ascend Elements of Westborough, Mass., have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50) and operate a newly constructed, best-in-class electric vehicle (EV) battery recycling facility in Zawiercie, Poland. According to the Ascend Elements statement, the […]
The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […]
The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […]
As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […]
Westborough-based Ascend Elements, a lithium-ion battery recycling and engineered materials company, will supply Koura with up to 5,000 metric tons of recycled and recovered lithium carbonate per year. Manhattan-based Koura is an Orbia business and one of the world’s largest producers of fluoroproducts and advanced technologies. Ascend Elements said that Koura will use the recycled […]
Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […]
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