Scienza e Tecnologia
Ascend Elements and GEM Sign Memorandum of Understanding (MOU) to Explore Battery Recycling and Material Collaboration in Europe
"This partnership with Ascend Elements is a milestone in realizing GEM's vision for a greener and more sustainable future," said Professor Xu Kaihua , Chairman of GEM. "By working together, we will drive innovation in battery recycling and engineered materials production, build a localized circular industrial ecosystem in Europe , and help meet the increasing regulatory and market requirements for recyclable and traceable batteries."
"This collaboration allows us to de-risk our very ambitious European strategy due to GEM's mass production expertise and accelerate our ability to offer the missing capabilities in Europe ," said Linh Austin , President & CEO of Ascend Elements. "We are delivering a fully integrated, localized battery industrial ecosystem that addresses both sustainability and regulatory requirements, while supporting the energy transition and driving economic value."
GEM Co., Ltd. was founded by Professor Xu Kaihua in
Shenzhen, China in 2001. The company is a leading enterprise in
China's circular economy, a global leader in waste recycling, and a top-tier company in the global tungsten carbide industry and the new energy industry.
Founded in 2015, Ascend Elements is a leading provider of domestic critical minerals and engineered battery materials for the lithium-ion battery industry. The company produces sustainable Li CO and pCAM made from recycled battery materials.
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