{"id":31035,"date":"2023-03-16T14:17:39","date_gmt":"2023-03-16T14:17:39","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=31035"},"modified":"2023-03-16T14:17:39","modified_gmt":"2023-03-16T14:17:39","slug":"development-uk-largest-ev-battery-recycling-plant-accelerated","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/development-uk-largest-ev-battery-recycling-plant-accelerated\/31035\/","title":{"rendered":"Development of the UK\u2019s largest EV battery recycling plant accelerated"},"content":{"rendered":"
The announcement follows the completion of a six-month feasibility study partly funded by the UK Government\u2019s Automotive Transformation Fund and the first successful scale-up of its proprietary technology. The study, carried out in collaboration with Hatch, underscores the important role that an EV battery recycling plant could play in attracting investment in the construction of new gigafactories in the UK.<\/p>\n
Altilium Metals CTO, Dr Christian Marston, commented: \u201cWe\u2019re in the middle of a global energy transformation and the UK has an opportunity to become a world leader in the development of a circular economy for critical battery minerals. We\u2019re moving into a phase where major economies need green infrastructure to be built fast in order to achieve their net-zero ambitions. Because of the speed of the rollout, it falls to companies such as Altilium Metals to take the lead in the development of innovative clean technology solutions.<\/p>\n
\u201cWe are grateful for the support of the Advanced Propulsion Centre (APC) under their Automotive Transformation Fund and look forward to working with them further as we embark on this next phase of scaling up our proprietary technology.\u201d<\/p>\n
To produce lithium-ion batteries required to power EVs manufactured in the UK, APC research suggests that the UK will need 150,000 tonnes of cathode active materials<\/a> by 2030. The planned battery recycling plant, set to be constructed in Teesside, will produce 30,000 tonnes of cathode active materials annually \u2013 enough to power 20% of new EVs produced in the UK by 2030. The material will be obtained from end-of-life EV battery recovery and waste from gigafactories.<\/p>\n