Advertising

Joint venture for electric vehicle battery recycling in Poland

Elemental Strategic Metals and Ascend Elements have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland.
Anzeige

Together, the companies will jointly own (50/50) and operate a newly constructed electric vehicle (EV) battery recycling facility in Zawiercie, Poland. The facility will disassemble, discharge and shred EV batteries to produce black mass, which can be used to make new engineered EV battery materials, including cathode active material (CAM) and cathode precursor (pCAM). The facility has the capacity to recycle up to 12,000 metric tons of batteries per year, or approximately 28,000 EV batteries annually.

Both JV partners agreed to jointly invest in large-scale lithium extraction from black mass. Lithium extraction capabilities producing 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.

Source: Ascend Elements

Latest news

RECYCLING magazine provides independent, deeply investigated information about all aspects of secondary raw materials. The magazine has a long track record, it has a history of more than 70 years. more

RECYCLING magazine is a member of

Read about what matters in your industry
Newsletter
Stay informed and subscribe to our monthly RECYCLING magazine newsletter.
Register now

I consent to DETAIL Architecture GmbH regularly sending me individualised exciting news and events by email. The processing of my personal data is to be done in line with statutory provisions. I can rescind my consent in respect of DETAIL Architecture GmbH at any time.
close-link