Teesside has been chosen as the preferred location for a multimillion-pound EV battery recycling facility in a move which could create up to 200 jobs by 2025 and more during construction.
Altilium Metals is a British green technology group supporting the transformation of the global energy sector from fossil-based to zero-carbon.
The company recently won the UK Government Faraday Battery Challenge Award of £1.2 million in conjunction with Imperial College, London
Their new Teesside facility will see them transforming battery waste from more than 150,000 electric vehicles into cathode active material – a key component of new batteries.
The company recently secured £3 million in UK Government innovation funding to scale up its process to extract the metals from spent batteries, supporting an EV supply chain and circular economy. The new recycling plant will take 18-months to build to get the facility up and running.
Tees Valley mayor Ben Houchen said:
“Electric vehicles have a big role to play to our low-carbon future, but there are still significant advances that need to be made to ensure their production is as clean and efficient as possible.
“Altilium Metals’ recycling technology can help play a massive part in this and I’m delighted to learn of its plans to come to our region. We’re seeing a lot of activity in EV innovation here, with other plans for lithium plants for battery production moving on swiftly.
“This latest announcement will help cement our expertise and status as a fantastic place to do business, helping to attract more ground-breaking firms in the cleaner, safer and healthier industries of tomorrow, while creating hundreds more good-quality, well-paid jobs.”
Kamran Mahdavi, chief executive at Altilium Metals, said:
“We are excited to announce Teesside as the preferred location for Altilium Metal’s first UK 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 UK requires mega-scale recycling solutions and we look forward to demonstrating the process at scale here on Teesside.”
