Ascend Elements, a vertically integrated battery materials company, will begin producing >99% pure, sustainable lithium carbonate (Li2CO3) recovered from used lithium-ion batteries at its facility in Covington, Georgia. In 2025. The company … [Read more...]
Bringing sustainable cathode materials to the US Li-ion battery market
Ascend Elements has recently sent one of North America's first deliveries of engineered cathode materials to Freudenberg e-Power Systems. Cathode materials engineered from recycled battery metals can help EV battery manufacturers qualify for U.S. tax … [Read more...]
Ascend Elements raises funds to build US Li-ion battery materials plant
Ascend Elements has raised $162 million in new equity investments in a follow-up to one of last year's largest cleantech private equity placements. Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing … [Read more...]
Did you know the EV battery recycling industry is booming?
As the electric vehicle (EV) market continues to grow in the United States, Americans are increasingly concerned about what will happen to all those lithium-ion EV batteries when they reach the end of life -- even though the EV battery recycling … [Read more...]