Altilium wins UK government backing for battery recycling supply chain project in Devon
thebusinessdesk.comDevon based clean tech company Altilium has secured government funding through the UK's 452 million pound Battery Innovation Programme to develop a closed loop supply chain for battery materials. The REMADE project partners with Nyobolt, Talga, and an unnamed global automaker to build a UK based recycling system for low carbon battery production. The funding amount was not disclosed. This project targets a real bottleneck in the EV transition: securing domestic supply of critical battery materials without relying on virgin mining. If Altilium can scale its recycling process, it would reduce the carbon footprint of battery production and strengthen the UK's position in the battery supply chain. The involvement of an automaker suggests there is commercial demand for recycled anode materials, which is a positive signal for the economics of the project.
