Ascend Elements

Ascend Elements has signed a memorandum of understanding with a firm based in China to explore potential collaboration in Europe.

The offer is meant to entice the firm to move forward with the construction of a manufacturing facility focused on cathode active materials.

Clean energy manufacturer Ascend Elements has named Linh Austin as CEO and president, replacing Mike O’Kronley as the leader of the Westborough electric vehicle battery recycling firm. 

Ascend plans on producing up to 3,000 metric tons of lithium carbonate per year at the facility.

Westborough-based Ascend Elements has filed a lawsuit seeking $5 million in damages against the owner of a Devens building the company intended to turn into a manufacturing facility.