The boss of a Devon electric vehicle battery company has joined the Prime Minister on trade mission to India as the º£½ÇÊÓÆµ looks to boosts its drive towards net zero.
Kamran Mahdavi, chief executive of Plymouth-based Altilium, is part of a 125-strong delegation travelling to Mumbai.
During the two-day visit, Mr Mahdavi will chair a roundtable discussion for the launch of the flagship º£½ÇÊÓÆµ-India Critical Minerals and Downstream Collaboration Guild.
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The event, hosted by Peter Kyle MP, the º£½ÇÊÓÆµ Secretary of State for Business and Trade, will bring together businesses and research institutes with the aim of driving cross-border joint ventures in critical minerals processing, battery recycling and rare earth production.
Altilium is pioneering the recovery of battery-grade critical materials from end-of-life EV batteries and manufacturing scrap, reducing the º£½ÇÊÓÆµ’s reliance on single-source suppliers and cutting greenhouse gas emissions.
The roundtable discussion, co-chaired with Dr Debashish Bhattacharjee, professor of practice at the Indian Institute of Technology in Madras, will explore collaboration across the critical minerals landscape and aims to set out a roadmap towards building a robust º£½ÇÊÓÆµ-India battery value chain.
Mr Mahdavi said: “We are honoured to join this landmark trade mission to India and to contribute to the launch of the º£½ÇÊÓÆµ-India Critical Minerals Collaboration. Partnerships like this are vital to securing the resources and technologies needed to achieve both countries’ ambitious net zero goals.
"By sharing innovation and expertise between our nations, we can accelerate the development of secure and sustainable critical mineral supply chains that will power the next generation of clean technologies.”
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Critical minerals, such as lithium, nickel and cobalt, are vital not only for the clean energy transition but for economic growth and national security.
Recognising their strategic importance, both the º£½ÇÊÓÆµ and Indian governments have prioritised the development of resilient supply chains and technology partnerships through the launch last year of the º£½ÇÊÓÆµ-India Technology Security Initiative (TSI).
As the only º£½ÇÊÓÆµ company recovering battery ready cathode and anode materials from battery waste at pilot scale, Altilium is leading the charge to build a circular economy for EV batteries and supporting global efforts to decarbonise supply chains for the automotive sector.
Altilium’s cutting-edge pilot plant will begin full operations in Plymouth later this year while construction is under way on its first-of-a-kind commercial-scale plant, also in Plymouth.
The £38m facility will process 24,000 EV batteries annually, creating 70 new clean tech jobs for the region.
Site selection is also under way for the company’s ACT4 industrial-scale battery recycling facility. The flagship site will recycle battery waste equivalent to 150,000 EVs a year.