Polish/US firms establish battery recycling JV in Poland

Polish/US firms establish battery recycling JV in Poland

Polish/US firms establish battery recycling JV in Poland 1024 683 Batteries International

April 12, 2024: Poland’s Elemental Strategic Metals  and US firm Ascend Elements  announced on April 9 the formation of AE Elemental, a joint venture.

The companies will equally own and operate a newly constructed EV battery recycling facility in Zawiercie, Poland where Elemental Strategic Metals is based. 

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 and cathode precursor materials. 

The facility has the capacity to recycle up to 12,000 tonnes of batteries a year, or approximately 28,000 EV batteries annually. 

Both JV partners agreed to jointly invest in large-scale lithium extraction from black mass and lithium extraction capabilities will rise to 20,000 tonnes of black mass a year. Construction for the expanded plant will begin towards the end of this year 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 tonnes of batteries per year, or approximately 58,000 EVs annually.

Pawel Jarski, CEO of Elemental Holding said: “Ascend Elements’ technology with our recycling expertise, large collection network, recycling platform and global footprint puts AE Elemental in a pole position in this evolving market.”

“The JV is a significant milestone for us, representing our first commercial-scale battery recycling facility in Europe,” said Mike O’Kronley, CEO of Ascend Elements.