Altilium, a company focused on sustainable battery recycling, is expanding its electric vehicle (EV) battery recycling operations in the United Kingdom. The expansion is being supported by industry leaders Marubeni Corporation and SQM International Lithium, who are providing both financial investment and strategic collaboration.
Marubeni Corporation, a Japanese conglomerate with an extensive global network, offers Altilium access to key industry connections and deep insights into the renewable energy sector. Their expertise is expected to enhance Altilium’s market knowledge and facilitate connections that are crucial for scaling operations.
SQM International Lithium, one of the world’s leading producers of battery-grade lithium, brings technical expertise and experience in scaling technologies from pilot to commercial stages. Their involvement is anticipated to accelerate the commercialization of Altilium’s proprietary green processing technologies, which are essential for efficient and environmentally friendly battery recycling.
The collaboration aims to address the increasing demand for sustainable critical minerals, including lithium, precursor cathode active materials (P-CAM), and cathode active materials (CAM), which are vital for the electrification of transportation. By leveraging the combined expertise and resources of Marubeni and SQM International Lithium, Altilium plans to “speed up and scale up” its recycling capabilities to meet these demands.
This strategic alliance is more than just a financial investment; it represents a long-term commitment to closing the loop in the EV battery supply chain. The partners are focused on delivering sustainable battery materials within the UK, contributing to the development of a circular economy for EV batteries, and supporting the transition to net-zero emissions.
Altilium emphasizes that building the necessary recycling infrastructure requires a collaborative approach. The company is actively engaging with partners to accelerate and scale battery recycling efforts, which are essential for a cleaner and more sustainable future.
Source: Altilium
