All Updates

All Updates

icon
Filter
Industry news
Funding
Altilium plans to build the largest battery recycling facility in Teesside
Waste Recovery & Management Tech
Nov 7, 2022
This week:
Funding
EKORE raises EUR 1.3 million (~ USD 1 million) in seed funding to strengthen platform
Digital Twin
Yesterday
Funding
Culina Health raises USD 7.9 million in Series A funding to expand offerings and expand team
Functional Nutrition
Dec 19, 2024
FDA approval
ViGeneron receives IND clearance for VG801 gene therapy
Cell & Gene Therapy
Dec 19, 2024
Product updates
Reflex Aerospace ships first commercial satellite SIGI
Next-gen Satellites
Dec 19, 2024
Partnerships
Vast partners with SpaceX for two private astronaut missions to ISS
Space Travel and Exploration Tech
Dec 19, 2024
Management news
Carbios appoints Philippe Pouletty as interim CEO amid plant delay
Waste Recovery & Management Tech
Dec 19, 2024
Funding
BlueQubit raises USD 10 million in seed funding to develop quantum platform
Quantum Computing
Dec 19, 2024
FDA approval
Arbor Biotechnologies receives FDA clearance for ABO-101 IND application
Human Gene Editing
Dec 19, 2024
Partnerships
Funding
Personalis partners with Merck and Moderna for cancer therapy development and investment
Precision Medicine
Dec 19, 2024
Partnerships
COTA partners with Guardant Health to develop clinicogenomic data solutions for cancer research
Precision Medicine
Dec 19, 2024
Waste Recovery & Management Tech

Waste Recovery & Management Tech

Nov 7, 2022

Altilium plans to build the largest battery recycling facility in Teesside

Industry news
Funding

  • Altilium (formerly Altilium Metals), a London-based cleantech startup, plans to build the UK’s largest planned recycling facility for electric vehicle batteries in Teesside slated to start production in 2025. The news comes after the Government confirmed a total of GBP 3 million of grant funding.

  • The site will have the capacity to recycle battery waste from more than 150,000 electric vehicles into "cathode active material" (a key component of new batteries.), creating 200 long-term jobs and 100 more construction jobs in the process.

  • The exact location for the plant will be decided in 2023, and might potentially co-locate with mineral processing company Green Lithium’s large-scale lithium refinery which is said to be the UK's first of its kind. These two companies are united in their mission to support the electric vehicle industry and to keep up with the increasing lithium demand in the EU and the UK.

  • Founded in 2020, Altilium Metals operates a recycling process to extract metals from spent electric vehicle batteries and support an electrified automotive supply chain. The company plans to take a hybrid approach of recycling and urban mining in their production process.

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.