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Altilium secures funding for first UK commercial EV battery recycling plant.
Altilium secured £18.5 million in UK government funding to build the country's first commercial battery recycling facility in Plymouth.
The plant will process 24,000 end-of-life EV batteries annually to recover critical materials like nickel and graphite, aiming to reduce reliance on imports and strengthen domestic supply chains.
Construction begins this summer, with operations targeted for late 2027.
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Altilium obtiene financiación para la primera planta comercial de reciclado de baterías de vehículos eléctricos del Reino Unido.