Altilium Clean Technology utilizes its proprietary EcoCathode™ hydrometallurgical process to recycle used EV batteries and gigafactory waste into battery-grade metal salts and cathode active materials (CAM). The process achieves 95% recovery for lithium, nickel, and cobalt, and 99% for graphite, with benefits including 20% lower production costs, 24% lower emissions, and 60% reduced sodium sulfate byproducts compared to conventional methods. It supports multiple chemistries such as LFP, NMC, and LCO and reduces climate impact by up to 74% versus primary materials.
The company’s products include high-quality battery-grade metal salts and cathode active materials produced from recycled EV batteries and manufacturing scrap through their EcoCathode™ process. These materials are used in new battery production, supporting low-carbon, sustainable supply chains within the EV industry.
Notable projects include establishing multiple ACT facilities for battery recycling and materials scaling: ACT 1 R&D center in Tavistock (2022), ACT 2 pilot plant in Plymouth (2025), and planned ACT 3 commercial facility with a £30 million investment in Plymouth. In 2024, Altilium launched a pioneering project with Jaguar Land Rover to produce and validate recycled EV battery cells at the UK Battery Industrialisation Centre, supported by the Advanced Propulsion Centre UK. The company also partners with Connected Energy to develop models for repurposing and recycling EV batteries, aiming to extend battery lifecycle and create sustainable commercial models.
Altilium Clean Technology’s investors include SQM Lithium Ventures as lead in its Series A financing with $12M, Marubeni Corporation in its Series B with $5M, and Mizuho Bank as a foundation investor. Total investments amount to approximately £14M (~$17.8M). A Series B1 retail funding round is planned for June 2025, inviting public investment to support facility development and expansion.