Latest Ascend Elements News & Updates

See the latest news and media coverage for Ascend Elements. We track all announcements, press releases, and industry mentions in real time, all in one place.

Ascend Elements

Sustainable battery materials manufacturer and recycler

ascendelements.com

Headquarters: Westborough, United States
Founded year: 2015
Company type: Private company
Number of employees: 125–200
Industry: Specialty Mining & Metals

Last updated Today

Latest news about Ascend Elements

In short: Ascend Elements filed for Chapter 11 bankruptcy and paused major construction projects despite previous massive backing and grants.

Company announcements

April 10 Ascend Elements

Ascend Elements initiates Chapter 11 bankruptcy process

CEO Linh Austin announces the voluntary filing to stabilize finances and maximize stakeholder value amid past mismanagement.

March 30 Ascend Elements

Ascend Elements joins Polish Electric Battery Cluster as founding member

The cluster launches in Opole, uniting industry, academia, and government to build a battery value chain. Ascend Elements presents on circular production.

March 27 Ascend Elements

Ascend Elements wins award for Project Apex 2 manufacturing investment

PAIH names it Manufacturing Investment of the Year. The EU-first facility in Poland refines recycled batteries into low-carbon cathode materials using Hydro-to-Cathode® technology. Poland grants USD 320 million.

February 17 Ascend Elements

Ascend Elements names TDK Ventures 2025 Partner of the Year

The recognition honors their strategic engagement, business development, advocacy, and capital support advancing growth and expansion.

Media coverage

September 14 Resource Recycling

Critical mineral policy shift creates opportunity - Resource Recycling

Financial issues have been a barrier. Battery processor Li-Cycle and recycler Ascend Elements have both filed for bankruptcy within about the past year after trying...

September 1 Yahoo Finance

Ascend Elements Got Fined $7.5 Million by the DOJ — But Never Paid a Single Dime

Ascend Elements finally has a face to go with the wreckage in western Kentucky. Last month, the...

August 25 Yahoo Finance

The collapse of a Mass. battery recycling company that had nearly $1B in backing

Here's how the promising Massachusetts company failed despite securing major contracts and hundreds...

July 31 WKMS

Company building EV battery plant in western Kentucky settles with DOJ

The U.S. Department of Justice has settled a civil lawsuit against Ascend Elements, which was once building a massive battery plant in western Kentucky. The...

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