Our partnership with PT Hydromtech Metal Indonesia, part of the TGEM Group aims to revolutionise a UK high nickel battery supply chain by prioritising non-China sourced, low-carbon battery raw materials, whilst fostering ESG principles.
Key objectives of the MOU include:
- Supply of primary nickel MHP, produced from low-cost green energy, as feedstock to Altilium’s UK’s Teesside refinery (ACT 4) processing 50,000 MT of old EV batteries and production scrap to sustainable battery precursors, P-CAM and CAM.
- Collaborative efforts to create a domestic Indonesian EV battery recycling industry, a future key player in cell production and large ecosystem for batteries. A Gigafactory can produce a significant volume of defective cells per year that need recycling and returning to a supply chain.
Indonesia is the world’s largest source of nickel holding 25% of the world’s reserves and Altilium has operated for several years in the battery metals sector here, inserting its own ESG commitments with its longstanding partners.
Any pure battery recycler relying on battery scrap for at-scale recycling plants might struggle with feed in the early years, which will need to be supplemented with primary raw materials. Also, variability in black mass quality from a portfolio of suppliers needs to be smoothed out and one way to do this is the addition of a small amount of primary nickel MHP.
This partnership aligns with our commitment to sustainability and supplying the UK with large volumes of nickel rich cathode raw materials for its electrified supply chain, giving industrial resilience and energy security.