Worcester Business Journal

18 Worcester Business Journal | April 4, 2022 | wbjournal.com F O C U S M A N U F A C T U R I N G E X C E L L E N C E A W A R D S Ascend Elements is at the forefront of a greener future F ounded in Worcester and headquartered in Westbor- ough, Ascend Elements is rapidly growing domestically and gaining notoriety inter- nationally due to its hydro-to-cathode system, which transforms used lithium batteries and manufacturing scrap into high-quality batteries geared towards the electric vehicle industry. Ascend, previously known as Battery Resourcers, was conceptualized at Worcester Polytechnic Institute when professor Yan Wang started doing research on how to recycle batteries in 2011, which led to the creation of the company in 2015. "Our mission is to take all spent lithium ion batteries and return them back into the battery supply chain as efficiently and economically as possible, thereby improving the carbon footprint of lithium ion batteries, making them cleaner in general," said Roger Lin, vice president of global marketing and government relations of Ascend. rough the hydro-to-cathode process, Ascend takes the spent lithium ion batteries and uses hydrometallurgy to extract the metals from their ores such as lithium, cobalt, nickel, and manganese. Aer this chemical extraction is complete, these elements are used to create brand new cathode materials, which essentially form the heart of lithium ion batteries, Lin said. Rather than simply being recycled, Ascend is able to cra new, better per- forming, and chemically customizable batteries to suit the needs of electric vehicle manufacturers. e sustainability benefits of this pro- cess are multifaceted. e manufacturing scraps, which would otherwise be in a landfill, are given new life while reducing the need for mining lithium from the Earth. Meanwhile, Ascend has posi- tioned itself to supply and support the growing, green future of electric vehicles. e proof of Ascend's process is in the results of its business strategy which has exploded over the past year. In January, Ascend opened a $43-million, 154,000-square-foot facility in Georgia, capable of processing 30,000 metric tons of discarded lithium. is is just phase one of a plan that includes constructing an apex facility, which will transform this salvaged lithium into cathode mate- rials on a massive scale. While growing its domestic produc- tion capacity, Ascend is eying future commercial plants in Europe. "What do we do with all the batteries at the end of life? And what do we do with all that scrap? Do we just throw it away and mine more? Or do we try to reclaim it, recover it, revive it, and return it back to the supply chain? Obvi- ously, the latter is where we're focused," Lin said. BY SLOANE M. PERRON WBJ Staff Writer Michael O'KronleyCEO of Ascend Elements Green Manufacturing Award A s c e n d E l e m e n t s , I n c . Location: Worcester & Westborough Industry subsector: Renewables and environmental Founded: 2015 Employees: 75+ Top executive: CEO Michael O'Kronley Primary product: Sustainable lithium-ion battery material/electric vehicle battery recycling 582% growth: Ascend went from 11 employees in January 2021 to 75 in January 2022. W

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