eVehicle Technology
acoustic vehicle alerting system

Ascend Elements and Elemental Strategic Metals Create Joint Venture, AE Elemental

Ascend Elements x Elemental Strategic Metals

Elemental Strategic Metals based in Zawiercie, Poland, and Ascend Elements located in Westborough, Mass., have jointly

Elemental Strategic Metals based in Zawiercie, Poland, and Ascend Elements located in Westborough, Mass., have jointly announced the establishment of AE Elemental™, a collaborative venture situated in Zawiercie, Poland. This partnership will see both companies equally own and operate a cutting-edge electric vehicle (EV) battery recycling plant.

This state-of-the-art facility will specialize in disassembling, discharging, and shredding EV batteries to produce black mass, a crucial material for manufacturing new engineered EV battery components such as cathode active material (CAM) and cathode precursor (pCAM). With a capacity to recycle up to 12,000 metric tons of batteries annually, equivalent to approximately 28,000 EV batteries per year, the facility aims to set new standards in battery recycling.

Both JV partners agreed to jointly invest in large-scale lithium extraction from black mass. Lithium extraction capabilities processing up to 20 000 metric tons of black mass per year will begin construction in Fall 2024 to be operational in 2026.

Additionally, the companies plan to begin building a new, state-of-the-art EV battery recycling facility in central Germany. The AE Elemental facility in Germany will have the capacity to recycle up to 25,000 metric tons of batteries per year, or approximately 58,000 EVs annually.

“Our partnership with Ascend Elements is more than just a strategic move into the battery recycling industry, it is a transformative step towards becoming a key player in the battery materials industry,” said Pawel Jarski, CEO of Elemental Holding. “The combination of Ascend Elements’ cutting-edge technology with our recycling expertise, large collection network, recycling platform and global footprint puts AE Elemental in a pole position in this evolving market.”

“The AE Elemental JV is a significant milestone for Ascend Elements, representing our first commercial-scale battery recycling facility in Europe. We’re pleased to be working closely with Elemental Strategic Metals,” said Mike O’Kronley, CEO of Ascend Elements. “Expanding into Europe will allow us to better service our customers locally and help the industry comply with new EU rules requiring recycled material in new batteries. This is a perfect time to expand our operations.”

SOURCE Ascend Elements

Avatar photo

eVehicle Technology

Join thousands of eVehicle Experts and get the latest updates straight to your inbox!