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Battery recycling firm Altilium Metals charges ahead with plans for North East plant

Altilium Metals' plans could create hundreds of jobs, as well as a key component of new batteries

Altilium Metals would transform battery waste from more than 150,000 electric vehicles into 鈥楥athode Active Material鈥�(Image: Tees Valley Combined Authority)

Hundreds of jobs are set to be created after EV battery recycling firm Altilium Metals selected the North East to set up a new factory.

Green technology group Altilium Metals is set to create a multimillion-pound site on Teesside, capable of transforming battery waste from more than 150,000 electric vehicles into Cathode Active Material – a key component of new batteries. The planned plant would create between 100 and 200 jobs by 2025, while also creating or sustaining hundreds more during the 18-month construction phase. The chosen location is set to be revealed at a later date.

Altilium Metals recently secured £3m in 海角视频 Government innovation funding to scale up its process to extract the metals from spent batteries and last month the firm was named the winner of a 海角视频 Government Faraday Battery Challenge Award of £1.2m in conjunction with Imperial College, London.

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The 海角视频 is set to ban the sale of new petrol and diesel cars in 2030, which means that EV use could generate more than 11 million tonnes of battery waste each year by the end of the decade.

Kamran Mahdavi, CEO, Altilium Metals, said: “We are excited to announce Teesside as the preferred location for Altilium Metal’s first 海角视频 recycling plant, as we scale up our technology to help meet the growing demand for critical metals and move towards a circular economy for the battery value chain. The significant volume of end-of-life batteries and scrap from giga-factories expected in the 海角视频 requires mega-scale recycling solutions and we look forward to demonstrating the process at scale here on Teesside.

“Until recently, lithium-ion batteries were regarded as hazardous waste, but they can actually serve as valuable sources of raw materials - such as lithium, nickel and cobalt. Recycling, or 'urban mining', will play an important role in making sure these valuable metals are returned to the supply chain in the most environmentally friendly way, rather than ending up as landfill waste.”

Meanwhile, mineral processing company Green Lithium has also submitted plans to build the 海角视频’s first large-scale lithium refinery in the region – a move which will create more than 1,000 jobs while also meeting the needs of the electric battery manufacturing and automotive sectors in the 海角视频 and the EU. The company is planning to build the refinery at PD Ports, where it will provide annual production of around 50,000 tonnes of low-carbon, battery-grade lithium chemicals.