Ascend Elements | Ascend Elements Raises $542 Million to …

WESTBOROUGH, Mass., (September 6, 2023) — Ascend Elements, a U.S.-based manufacturer of sustainable, engineered battery materials for electric vehicles, today announced it has raised $542 million in new equity investments, including $460 million in Series D investments and $82 million of additional investments from earlier this year.Ascend Elements'' …

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About SQM Lithium Ventures

Battery Recycling Stations (BRS): The raised capital will be instrumental in building the first Battery Recycling Station to efficiently transform discarded EV batteries into high-quality black mass, a crucial feedstock for …

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Ascend Elements to Locate Largest U.S. Facility in ...

FRANKFORT, Ky. (Aug. 1, 2022) – Today, Gov. Andy Beshear announced continued growth of electric vehicle-related manufacturing in the commonwealth, as Ascend Elements Inc., a producer of advanced, sustainable battery materials made from recycled lithium-ion batteries, will invest $310 million and create 250 full-time jobs in Christian County.The Governor noted this is the …

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Battery Materials Company Ascend Elements Raises $162 Million

Ascend Elements, a lithium-ion battery recycling and engineered materials company announced it has raised $162 million in new equity investments.Major investors include Just Climate, Clearvision Ventures, and IRONGREY. The new equity financing brings the company''s 12-month funding total to $704 million, including the $542 million funding round led …

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Completion of Investment in a High-Grade Nickel Matte

PT Merdeka Battery Materials Tbk Page 1 of 2 6th June 2023 Completion of Investment in a High-Grade Nickel Matte Conversion Facility Jakarta, Indonesia – PT Merdeka Battery Materials Tbk (IDX: MBMA) ("MBMA" or the "Company") is pleased to announce that the Company has completed the acquisition of a 60% interest in PT Huaneng Metal Industry ("HNMI"), a high …

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Ascend Elements | Ascend Elements Raises …

The new funding will advance construction of Ascend Elements'' Apex 1 facility in Hopkinsville, Kentucky, which will be North America''s first sustainable cathode precursor (pCAM) manufacturing facility open in early 2025.

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Producing Battery Materials in The DRC Could Lower Supply …

Figure 1: Capital cost to build a 10,000 metric-ton battery precursor plant Source: BloombergNEF. Note: The cost is for a 10,000 metric tons precursor facility and does not include any government subsidy. Partner Quotes "We are into the Decade of Action and with only 9 years left to deliver on the SDGs.

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Producing Battery Materials in the DRC Could Lower Supply …

The full report "The Cost of Producing Battery Precursors in the DRC ... It is the second highest investment grade rated multilateral financial institution in Africa. AFC''s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development and risk capital to address ...

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Venture Capital Funding In EVs And Battery

Explore the 2023 global trends in venture capital funding for EV and battery startups. Understand the factors leading to a significant downturn in investments and discover how regions like India are navigating these challenges.

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Ultium CAM to build precursor plant in Canada

Ultium CAM''s investment will significantly increase Quebec''s role in the North American EV battery supply chain. The precursor materials plant is scheduled for completion in 2026.

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Ascend Elements | Ascend Elements Raises $542 …

WESTBOROUGH, Mass., (September 6, 2023) — Ascend Elements, a U.S.-based manufacturer of sustainable, engineered battery materials for electric vehicles, today announced it has raised $542 million in …

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Friendshoring the Lithium-Ion Battery Supply Chain: Battery Cell …

This latest CSIS Scholl Chair white paper outlines the technical details behind the production of the active battery materials stage of the lithium-ion battery supply chain and how U.S. government policies are impacting friendshoring efforts in the sector. ... It awards credits of up to 30 percent of capital investment, provided the relevant ...

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Global EV Battery Precursor Market 2024-2030

EV BATTERY PRECURSOR MARKET INNOVATION INVESTMENTS BY REGION. USA – $210 billion is allocated to federal R&D with main focus on health research, clean energy, semiconductor manufacturing, sustainable textiles, clean energy, and advanced manufacturing vestments by private players are mainly focused on technological …

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SQM LITHIUM VENTURES COMPLETES …

SQM Lithium Ventures is proud to announce its follow-on investment of USD 9.43 million in Altilium, a UK-based clean technology group focused on supporting the energy transition to net zero ...

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Umicore builds EV battery material plant in Canada

Combining the production of precursor (pCAM) and CAM, the most critical components for a rechargeable battery''s performance, Umicore''s production facility will complete the missing link in North America''s EV battery …

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Bedrock Materials Secures $9 Million Seed Funding, Establishes …

CHICAGO, IL – Bedrock Materials, a pioneering battery technology startup launched out of Stanford University in 2023, [has] announced a successful close of $9 million in seed funding alongside ...

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Ascend Elements Raises $542 Million to Accelerate …

From EV battery recycling to commercial-scale production of lithium-ion battery precursor (pCAM) and cathode active materials (CAM), Ascend Elements is revolutionizing the production of ...

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SK ecoplant Invests $50 Million in Ascend Elements

SK ecoplant''s $50 million investment will help accelerate the commercialization of Ascend Elements'' innovative Hydro-to-Cathode™ direct precursor synthesis technology, which quickly and efficiently transforms recycled lithium-ion batteries and manufacturing scrap into high-performance, customized EV battery cathode precursor and cathode active materials.

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BHP battery precursor plant shows extra margins on offer for …

BHP Group expects to complete construction of one of the world''s biggest nickel sulfide plants in Western Australia by end-2020, though it sees greater margins in lithium-ion battery cathode precursor manufacturing further downstream and streamlining part of the supply chain, according to a company executive.. The company has a broader objective of …

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First Cobalt Unveils Strategic Shift to Make Battery Precursor and ...

First Cobalt Corp. (TSX-V: FCC; OTCQX: FTSSF) (the "Company") today announced that it is expanding its strategic plan to provide battery grade nickel and cobalt, recycled battery materials and precursor material to the North American supply chain. The new business model would result in the creation of the only battery materials park on the continent, providing North American …

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BASF acquires site for North American battery materials and …

Target footprint initially with CAM production followed by precursor cathode materials, recycling and metals refining capacities; Ludwigshafen/Germany and Quebec/Canada, March 4, 2022 – BASF signed an agreement to secure land for its future cathode active materials and recycling site in Bécancour, Quebec, Canada, as part of its commitment to ...

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Batteries for Electric Vehicles

This first-of-a-kind report presents design and Level 3 economics for processes in the NMC 532 and NMC 811 production chains. For each chain, three processes are independently operated …

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SQM Lithium Ventures completes Altilium''s USD 12m Series A …

In addition to providing capital investment, SQM Lithium Ventures also brings considerable experience in large-scale project delivery and a commitment to innovation and sustainability. ... battery precursors, cathode active materials (CAM) and cathode precursor (p-CAM) for direct reuse in new batteries. ...

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Friendshoring the Lithium-Ion Battery Supply Chain: …

This latest CSIS Scholl Chair white paper outlines the technical details behind the production of the active battery materials stage of the lithium-ion battery supply chain and how U.S. government policies are impacting …

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Closed-loop battery recycling plant opens in Atoka

Last year, Green Li-ion pulled in $25 million in Series Pre-B, with additional investment from Twin Tower Ventures, the corporate venture capital investment arm of Malaysia-based Petronas.

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Li-ion Battery Ternary Precursor Market Size 2024 & Analysis By ...

The projected Compound Annual Growth Rate (CAGR) for Li-ion Battery Ternary Precursor Market of XX% from 2024 to 2031 illustrates a dynamic landscape driven by technological innovation, sector ...

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POSCO Group strengthens core rechargeable battery material …

These efforts aim to bolster the nickel-precursor-cathode material value chain in Pohang, enhancing the competitiveness of the domestic rechargeable battery industry. ... The expansion of POSCO Group''s investment in rechargeable battery materials is expected to revitalize local high-tech industries and contribute to regional economic development.

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DOE BIL Battery FOA-2678 Selectee Fact Sheets

battery chemistries with precise control over particle size and morphology. Finally, UniMelt technology enables a 6K plant to produce an equivalent amount of battery materials while reducing the factory footprint by 50% and lowering capital investments by up to 30% versus conventional methods. Community Benefits:

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SQM Lithium Ventures completes Altilium''s USD 12m …

In addition to providing capital investment, SQM Lithium Ventures also brings considerable experience in large-scale project delivery and a commitment to innovation and sustainability. ... battery precursors, cathode …

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Ascend Elements Secures $300 Million in Funding

From EV battery recycling to commercial-scale production of lithium-ion battery precursor (pCAM) and cathode active materials (CAM), Ascend Elements is revolutionizing the production of ...

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Bedrock Materials Raises $9M in Seed Funding

Bedrock Materials, a Chicago, IL-based battery technology startup launched out of Stanford University in 2023, raised $9M in Seed funding.. The round was led by Trucks Venture Capital, Refactor ...

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BIL Sustainable Battery Precursor Plant

Capital Markets. M&A Transactions; Investors; Advisors; ... WITH FUNDS APPROPRIATED BY THE INFRASTRUCTURE INVESTMENT AND JOBS ACT, ALSO MORE COMMONLY KNOWN AS THE BIPARTISAN INFRASTRUCTURE LAW (BIL). ... Ascend Elements was awarded BIL Sustainable Battery Precursor Plant Project Grant DEMS0000002 worth $316,186,575 from the …

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Ascend Elements, SK ecoplant To Locate $65.8 …

FRANKFORT, Ky. (Sept. 28, 2023) – Today, Gov. Andy Beshear highlighted another significant investment in Kentucky''s rapidly growing electric vehicle (EV) sector, as Ascend Elements and SK ecoplant have announced plans to locate …

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LG : Chem to Invest KRW 1.2 Trillion for Battery Precursors Plant …

LG Corp is a Korea-based holding company mainly engaged in the provision of information technology (IT) services. The Company operates its business through subsidiaries including LG Electronics Inc, LG Chem Ltd, LG Uplus Corp, LG CNS Co Ltd, S&I Corp, LG Management Development Institute, and LG Sports Ltd. LG Electronics Inc is mainly engaged …

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SQM LITHIUM VENTURES COMPLETES ALTILIUM''S USD 12M …

PLYMOUTH, England, Feb. 21, 2024 /PRNewswire/ -- SQM Lithium Ventures is proud to announce its follow-on investment of USD 9.43 million in Altilium, a UK-based clean technology group focused on ...

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Battery Materials Company Ascend Elements Raises ...

Ascend Elements, a provider of closed-loop battery materials solutions, raised $300 million in equity and debt financing.The funding round includes $200 million in Series C equity investments led by Fifth Wall Climate and joined by SK ecoplant. Other new investors include Oman Investment Authority, Lithium Americas Corporation, GLy Capital Management''s …

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Bedrock Materials: Battery Technology Company Raises $9 …

Last month, the company started R&D-scale production of battery precursor materials at its facility in Near West Chicago. Plans are underway to open a larger and permanent site later this year. ... contingent upon achieving specific job creation and capital investment targets.

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Venture Capital Funding In EVs And Battery ...

Explore the 2023 global trends in venture capital funding for EV and battery startups. Understand the factors leading to a significant downturn in investments and discover how regions like India are navigating these challenges. ... The company, which raised another USD 160 million in 2024, aims to build North America''s first cathode precursor ...

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Bedrock Materials Secures $9 Million Seed Funding, Establishes …

CHICAGO, May 16, 2024 /PRNewswire/ -- Bedrock Materials, a pioneering battery technology startup launched out of Stanford University in 2023, today announced a successful close of $9 million in ...

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