Mar 15, 2023 - 02:50 pm
Koura signs supply deal with Ascend Elements
Ascend Elements will supply Koura with up to 5,000 tonnes of recycled lithium carbonate per year. Koura will use the recycled lithium carbonate in lithium-ion battery materials for the US and European markets, including lithium hexafluorophosphate (LiPF6), a key electrolyte salt.
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Feb 27, 2023 - 03:40 pm
Honda to source recycled battery materials from Ascend Elements
Honda has entered into an agreement in principle with US-based Ascend Elements to supply recycled battery materials for its electrified vehicles. Through the cooperation, Honda aims to secure a stable supply of nickel, cobalt and lithium from lithium-ion batteries recycled by Ascend Elements.
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Oct 27, 2022 - 05:51 pm
Ascend Elements raises $300 million
US-based Ascend Elements has raised funding totalling $300 million. The company began building its factory to produce sustainable battery materials for electric vehicles in southwestern Kentucky a few days ago.
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Aug 3, 2022 - 01:38 pm
Ascend Elements to make battery materials in Kentucky
The US company Ascend Elements has announced plans to invest up to one billion US dollars in a factory to produce sustainable battery materials for electric vehicles in southwestern Kentucky. Production shall start at the end of 2023.
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