Battery Resourcers, a vertically integrated lithium-ion battery recycling and engineered-materials company, was recently named to the annual Global Cleantech 100 list. The Cleantech Group considers the 100 companies on the list to be the top innovators in the climate tech space, “with the technologies and determination to take us from commitments to actions in the sprint to net zero.”
[Note: On January 19, 2022, Battery Resourcers changed its name to Ascend Elements.]
Battery Resourcers’ patented technology upcycles critically scarce battery elements − lithium, cobalt, and nickel − and directly transforms them into new, premium cathode active materials (CAM). Compared to the environmental impact of mining and refining virgin metals, the company’s recycling and cathode active materials (CAM) manufacturing process produces 93% lower carbon emissions at approximately 50% of the cost of newly mined metals.
“We are honored to be included on the Global Cleantech 100 list and we applaud the other companies on the list,” said Mike O’Kronley, CEO and director of Battery Resourcers. “It’s inspiring to see so many different companies working for climate action. Across industries and sectors, we all have a role to play.”
The Global Cleantech 100 list combines Cleantech Group’s research data with qualitative judgements from nominations and insight from a global, 85-member expert panel of leading investors and executives from corporations and industrials active in technology and innovation. This is the 13th edition of the prestigious report. This year’s list included entries from 94 countries with categories for Agriculture & Food, Enabling Technologies, Energy & Power, Materials & Chemicals, Resources & Environment and Transportation & Logistics. Learn more about the Global Cleantech 100 at https://www.cleantech.com/.