Lithium battery recycler Ascend Elements has signed a multi‑yr offtake settlement for lithium carbonate with Trafigura, a participant within the international commodities trade. The settlement totals 15,000 metric tons (15 kilotons) to be delivered between 2027 and 2031.
>99% pure, recycled lithium carbonate (Li2CO3) recovered at business scale from black mass. Credit score: Ascend Components
Underneath the phrases of the settlement, Trafigura will present international advertising and marketing and logistics capabilities, whereas Ascend Components produces refined, low-carbon lithium carbonate produced from recycled lithium‑ion batteries and manufacturing scrap by way of its patented Hydro-to-Cathode course of.
Ascend operates recycling crops in Georgia and Kentucky and can quickly have a recycling plant in Poland.
“Trafigura’s international platform paired with our Hydro-to-Cathode course of turns circularity into provide safety,” stated Linh Austin, President and CEO of Ascend Components. “Collectively we’ll ship low-carbon, recycled lithium carbonate that’s traceable, responsibly-sourced and accessible the place prospects construct throughout the U.S. and Europe, lowering carbon, price and geopolitical threat whereas accelerating a resilient battery provide chain.”
Trafigura supplies intensive market attain, logistics and storage infrastructure to allow international distribution of Ascend Components’ lithium carbonate.
Ascend’s Hydro-to-Cathode direct cathode precursor (pCAM) synthesis course of simplifies lithium-ion battery recycling and transforms used batteries into sustainable, custom-made battery supplies that may meet or exceed the efficiency of latest supplies. Ascend shreds the lithium battery and goes straight to cathode manufacturing slightly than extracting and reclaiming intermediate compounds.
Information merchandise from Ascend Components
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