28^th October, 2024 – Altilium, a UK-based clean technology group focused on supporting the transition to net zero, has today announced the launch of recell.store, a new online platform that promises to revolutionize the EV battery lifecycle by offering businesses a safe and efficient solution for recycling and responsible disposal of spent EV batteries.

Addressing the growing volume of end-of-life EV batteries expected over the coming decade, the new platform underlines Altilium’s commitment to reducing the environmental impact of battery waste and accelerating the growth of a circular economy for critical battery minerals in the UK.

Building on Altilium’s extensive relationships with vehicle dismantlers, automotive OEMs and insurance companies, recell.store provides a user-friendly interface for businesses looking to sell used batteries for recycling or second-life applications. With just a few clicks, users can register their details on recell.store’s database and get a quote for their battery pack. Once a sale is agreed, Altilium will arrange for collection of the battery for recycling at its UK facilities.

Business can also register to join Altilium’s network of affiliated recyclers. By partnering with car dealers and dismantlers working with spent batteries, Altilium aims to help reduce the pressure of EV battery storage and the associated costs.

As sales of EVs continues to grow, so too will the need for responsible management of end-of-life batteries. According to McKinsey, over 100 million batteries are expected to be retired in the next decade.

By streamlining the process of selling and collecting, recell.store ensures these batteries will be handled safely and sustainably. Furthermore, by recovering the critical materials such as lithium and nickel from battery waste, Altilium is creating a circular economy for battery metals and supporting the UK’s transition to a clean transport future.

Once EV battery packs are collected, they are dismantled and shredded before being processed to recover the critical battery metals, as well as graphite. Altilium’s EcoCathode™ technology can recover over 95% of the battery metals from an end-of-life EV battery, reducing the cost of battery raw materials by up to 20% and cutting greenhouse gas emissions by up to 74% compared to virgin materials. These materials can then be used for new battery production in the UK, reducing our reliance on mining and making EVs even greener.

Rod Savage, Altilium’s Programme Director, Batteries and Black Mass, commented: “Today marks a significant milestone in our journey towards full battery circularity and a more sustainable transport future. Recell.store not only provides a practical solution for managing end-of-life EV batteries but also reinforces our commitment to environmental stewardship. By facilitating the recycling and reuse of these batteries, we are helping to reduce waste and conserve valuable resources.

By registering with recell.store, users can have full peace of mind knowing we will handle the collection of these hazardous materials and the recycling of the battery in a way that is safe and environmentally friendly.”

Altilium is already collecting end-of-life EV batteries from multiple automotive OEMs in the UK, in addition to partners such as Synetiq and Connected Energy, for recycling at its facilities in Devon. To handle the growing volume of battery waste, the company is planning to build the UK’s largest EV battery recycling plant in Teesside, with capacity to process batteries from over 150,000 EVs per year.

As the only company in the UK focused on delivering full battery circularity, Altilium’s approach goes beyond traditional recycling and ensures critical minerals are kept within the UK supply chain. By collecting old EV batteries, processing them into black mass and chemically refining the materials into battery-ready Precursor-CAM and CAM, Altilium is truly closing the loop on the battery supply chain.

Altilium invites businesses to explore the platform at www.recell.store and participate in this critical step toward sustainable battery management.

 

About Altilium

Altilium is a UK-based clean tech group that will reshape the UK and European automotive supply chain by offering high volume, low carbon domestic sources of cathode and anode materials from recycling waste streams already in circulation, such as end-of-life batteries.

The company’s proprietary EcoCathode™ process converts end-of-life EV batteries and manufacturing scrap into domestic, sustainable, battery precursors, cathode active materials (CAM) and cathode precursor (pCAM) for direct reuse in new batteries.

Altilium’s first mini-commercial plant is currently under construction in Plymouth while its planned Teesside plant will be one of the largest EV battery recycling facilities in Europe. The plant will have the capacity to process scrap from over 150,000 EVs per year, producing 30,000 MT of CAM, enough to meet around 20% of the UK’s expected needs by 2030.

Altilium’s growth has been supported by a number of UK government innovation awards, including grants from the Faraday Institutions Battery Challenge and the Automotive Transformation Fund. The company recently completed its Series A funding round with a multi-million pound investment from SQM Lithium Ventures, the corporate venture arm of the lithium business of Sociedad Quimica y Minera de Chile (SQM), one of the world’s leading producers of battery-grade lithium.

For more information go to www.altilium.tech
For media inquiries contact: dominic@altilium.tech