credit Ascend Elements
In Covington, Georgia, a 30,000-ton-per-year recycling facility for batteries and battery scrap just switched on the disassembly line for the very first time.
Inside its walls, a Massachusetts-based startup will be harvesting lithium carbonate, cobalt, manganese, and other battery minerals and selling them back to the market, circumventing the huge challenges that come from opening new mines.
Ascend Elements hopes to take advantage of massive government spending on electric vehicle production by dotting the Carolinas, Georgia, Tenessee, and the Midwest with recycling facilities within an hour’s drive from new automotive plants.
The Covington location can take apart around 70,000 electric vehicles worth of batteries, while allegedly providing enough free cash flow to allow Ascend to pay car manufacturers a little for their old batteries to make doubly sure they don’t end up in landfills.
Once they arrive on site, the batteries are shredded and sieved into “black mass” which is sorted by mineral type.
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As well as selling raw minerals, Ascend upcycles some of this black mass into cathode precursor and cathode active material at an R&D center in Massachusetts. They are currently building another facility in Kentucky to bring this operation closer to the “Battery Belt” states mentioned above.
“Those two facilities represent the investment that we are making in key infrastructure to recover these batteries, retain these critical elements in the United States and return them into the supply,” said Ascend CEO Mike O’Kronley.
WATCH how they do it in a corporate video below…
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