22 June, 2026 – Altilium, a UK-based clean technology company focused on sustainable recovery of critical battery materials, has today announced the successful completion of its latest retail investment round, raising approximately $1 million from more than 750 investors.

The fundraising follows the award of an £18.5 million APC Drive35 grant earlier this year to support the development of Altilium’s ACT3 facility, the UK’s first commercial-scale refinery for recovery of critical battery materials from end-of-life EV batteries.

The retail investment round was opened in April to accelerate the expansion of Altilium’s UK operations and engage directly with the local communities where the company is investing and operating, while raising awareness of the vital role battery recycling will play in the UK’s industrial future.

The strong response demonstrates the growing public support for a circular economy and recognition of battery recycling as a strategic industry for the UK, strengthening critical minerals security, supporting Net Zero ambitions and building more resilient domestic supply chains.

Christian Marston, Altilium co-founder and COO, commented: “As we continue to build a world-class circular economy for EV batteries in the UK, we believe in giving local communities and the wider UK public the opportunity to participate in and benefit from Altilium’s growth story. Together, we are creating a more secure, sustainable and resilient supply chain for the critical materials that will power the energy transition.”

The raise has also helped increase awareness of Altilium’s mission and the opportunity for the UK to become a global leader in sustainable battery materials and critical mineral recovery.

Altilium’s proprietary EcoAnode™ and EcoCathode™ recycling technology recovers lithium, nickel, cobalt and graphite from end-of-life EV batteries, creating a sustainable domestic source of critical minerals for the next generation of UK made EVs. By recovering these materials from recycled feedstocks, Altilium is reducing reliance on imported raw materials, strengthening energy security and supporting the UK’s automotive sector.

Located in Plymouth, Devon, Altilium’s ACT3 plant will have capacity to process 24,000 EV batteries per year, producing high-value battery intermediates including nickel mixed hydroxide precipitate (MHP), lithium sulphate and graphite, which are all essential components for next-generation battery manufacturing.Alongside its retail investors, Altilium continues to work closely with its institutional partners, SQM, Marubeni and Mizuho Bank.

About Altilium

Altilium is a UK-based clean tech group that is reshaping 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™ and EcoAnode™ processes convert end-of-life EV batteries and manufacturing scrap into domestic, sustainable, battery precursors, cathode active materials (CAM), cathode precursor (pCAM) and anode active material (AAM), for direct reuse in new batteries.

Altilium’s first pilot plant commenced operations in Plymouth in 2025 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.

The company is backed by SQM Lithium Ventures, the corporate venture arm of the lithium business of Sociedad Quimica y Minera de Chile (SQM), Japanese trading and investment group Marubeni Corporation and Mizuho Bank.

For more information go to www.altilium.tech

For media inquiries contact Dominic Schreiber, head of communications:

dominic@altilium.tech