Alliance resource partners, l.p. announces $25 million strategic investment in ascend elements

Tulsa, okla.--(business wire)--alliance resource partners, l.p. (nasdaq: arlp) ("arlp" or the "partnership") announced today that it has invested $25 million in ascend elements, inc. ("ascend elements"), a u.s.-based manufacturer and recycler of sustainable, engineered battery materials for electric vehicles, as part of its $460 million series d funding round. this capital, combined with $480 million in total grants awarded by the department of energy, will advance construction of north america.
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