Joint venture will own and operate an advanced Li-ion EV battery recycling facility in Zawiercie, Poland, with another planned in central Germany
The facility began partial operations in August 2022 and now has an annual capacity to process 30,000 metric tons of used lithium-ion batteries and manufacturing scrap – equal to 70,000 electric vehicle batteries per year.
The partnership aims to support Ascend Elements’ North American and European pipeline
Company plans to produce more than 15 kilotons of recycled lithium carbonate annually in US and Europe by 2027
AE Elemental is a joint venture of US-based Ascend Elements and Poland-based Elemental Strategic Metals
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