Yet Another Lithium Recycler Startup Joins Crowded Field

April 11, 2022

Ascend Elements is yet another Lithium ( and more!) recycler jumping into a very active space.

Don’t assume that the battery tech of 2020 will not be vastly improved by 2025.
I love these reports from CNBC’s Diana Olick, and I love the look on her face when her old-fart colleague starts asking if these new-fangled Electric cars are all that clean – just before she sets him straight.

2 Responses to “Yet Another Lithium Recycler Startup Joins Crowded Field”

  1. rhymeswithgoalie Says:

    I hope more presenters, when talking about recycling battery materials, would more often interject that fossil fuels* are use-once materials.
    *Yes, some percentage of crude oil becomes some form of plastics, of which less than 9% are recycled worldwide.

    • sailrick Says:

      Exactly. Lots of hand ringing about lithium mining for EVs

      4.2 BILLION TONS of Oil are extracted every year
      compared with 80,000 tons of lithium
      So, about 50,000 times as many tons of oil extracted as tons of lithium mined

      8 Billion tons of Coal are mined every year
      or 100,000 times the tons of lithium mined

      But the oil and coal are all used up this year, right away
      The Lithium ion batteries in EVs last 10 years
      So now it’s 500,000 times as much oil and 1,000,000 times as much coal, over a ten year period

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: