#battery recycling

All articles tagged with "battery recycling"

Battery recycler Ascend Elements files for bankruptcy | TechCrunch

Battery Recycler Ascend Elements Files for Chapter 11 as EV Slowdown and Grant Loss Bite

Ascend Elements has entered Chapter 11 after raising nearly $900 million, underscoring how difficult the U.S. battery recycling business has become amid weaker EV demand and policy disruption.

Key Takeaways

Ascend Elements entered Chapter 11 despite having raised nearly $900 million.
The company was hit by a softer U.S. EV market and cancellation of a major federal grant.

DT Editorial Team·Apr 11, 2026·via techcrunch.com

US Battery Recycler Lands $1.1B Critical Metals Deal

Massachusetts-based Nth Cycle has signed a 10-year, $1.1 billion agreement with commodities giant Trafigura to supply refined battery metals, validating domestic battery recycling as a credible supply chain alternative.

Key Takeaways

Nth Cycle signed a 10-year, $1.1 billion deal with Trafigura to supply refined battery metals from recycled batteries
The company's electro-extraction technology recovers nickel, cobalt, and manganese without extensive chemical waste

DT Editorial Team·Mar 17, 2026·3 min read·via electrek.co