However, these regions are mostly focused on producing black mass from mechanical recycling techniques. Key regions such as the US and Europe are looking to expand their recycling capacities to aid in domesticating critical material supply. This also starts to reduce reliance on mining for virgin materials, bringing environmental benefits. This can help to provide a more secure, diversified, and local supply of raw materials. Recycling Li-ion batteries allows such valuable raw materials to be obtained and re-introduced into new battery manufacturing. It does not store any personal data.Comparative material value in different battery chemistries Source: IDTechExįears over supply bottlenecks to lithium, nickel, and cobalt in the medium term provides an opportunity for recycling. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. The cookie is used to store the user consent for the cookies in the category "Performance". ![]() This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". ![]() The cookie is used to store the user consent for the cookies in the category "Other. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The cookie is used to store the user consent for the cookies in the category "Analytics". These cookies ensure basic functionalities and security features of the website, anonymously. Necessary cookies are absolutely essential for the website to function properly. manufacturer, beginning in Q4 2024., WESTBOROUGH, Mass., June 7, 2023 In a deal valued at up to $5 billion, Ascend Elements will supply sustainable cathode precursor (pCAM) to a U.S. READ the latest Batteries News shaping the battery market From EV battery recycling to commercial-scale production of lithium-ion battery pCAM and CAM, Ascend Elements is revolutionizing the production of sustainable lithium-ion battery materials. ![]() Several peer-reviewed studies have shown Ascend Elements’ recycled battery materials perform as well as similar materials made from virgin (or mined) sources while reducing carbon emissions associated with mining.īased in Westborough, Mass., Ascend Elements is the leading provider of sustainable, closed-loop battery material solutions. The closed-loop process eliminates several intermediary steps in the traditional cathode manufacturing process and provides significant economic and carbon-reduction benefits. Overall, the company plans to invest more than $1 billion in the facility.Īscend Elements uses a patented process known as Hydro-to-Cathode® direct precursor synthesis to manufacture NMC pCAM and cathode active material (CAM) recovered from used lithium-ion batteries and battery gigafactory manufacturing scrap. Department of Energy awarded two matching grants totaling $480 million to Ascend Elements to help accelerate construction of the southwest Kentucky facility. The Ascend Elements facility in Hopkinsville, Kentucky will be a one-of-a-kind, sustainable cathode manufacturing facility with capacity to produce NMC pCAM for up to 750,000 electric vehicles per year. In fact, we need to manufacture our own battery materials to secure the supply chain in North America, reduce carbon emissions and ensure our energy independence.” “There is no reason we can’t manufacture critical battery materials like this in the United States. Nearly 100% of the world’s pCAM is produced in Asia. Mike O’Kronley, CEO of Ascend Elements, said: The deal signals a shift in worldwide battery material supply chains as Ascend Elements builds one of North America’s first commercial-scale NMC pCAM manufacturing facilities in southwest Kentucky.
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