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Ascend Elements files for Chapter 11 bankruptcy

Filed: Apr 10, 2026 at 4:04 PM ET
Summary: Battery recycler Ascend Elements files for bankruptcy after a canceled government grant and market challenges.
WHO: Ascend Elements
WHAT: files for Chapter 11 bankruptcy
WHEN: Apr 10, 2026 at 3:16 PM ET
WHERE: USA
WHY: due to a canceled government grant and a challenging market for lithium-ion batteries
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