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Ascend Elements raises $162 million for Kentucky plant to create cathode materials from recycled batteries


Ascend Elements, a battery recycling company, has raised $162 million in equity investments from Just Climate, Clearvision Ventures and IRONGREY, bringing its 12-month funding total to $704 million. The new funding will be used to advance construction of the company’s Apex 1 plant in Hopkinsville, Kentucky. The 1-million-square-foot plant, which is scheduled to open in… Read more…

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