Altilium
EV battery recycling for low-carbon cathode and anode materials
Website: https://altilium.tech/
Cover Block
| Attribute | Value |
|---|---|
| Name | Altilium |
| Tagline | EV battery recycling for low-carbon cathode and anode materials [Altilium, Apr 2026] |
| Headquarters | Plymouth, United Kingdom [Crunchbase] |
| Founded | 2020 [Crunchbase] |
| Stage | Series B [Altilium, Jul 2025] |
| Business Model | B2B |
| Industry | Cleantech / Climatetech |
| Technology | Hydrometallurgical recycling |
| Geography | Western Europe |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
| Funding Label | Series B |
| Total Disclosed Funding | $12,000,000 (Series A) [Altilium, Sep 2023] |
Links
- Website: https://altilium.tech
- LinkedIn: https://www.linkedin.com/company/altilium
- X / Twitter: https://twitter.com/AltiliumGroup
Data Accuracy: GREEN -- Confirmed by the company's own website and social media profiles.
Executive Summary
Altilium is building a UK-based, end-to-end battery recycling operation to produce low-carbon cathode and anode materials [Altilium, Apr 2026]. Founded in 2020 by Dr. Christian Marston and Kamran Mahdavi, the company has progressed from R&D to operating a pilot plant, securing strategic partnerships and government grants [Altilium, Mar 2024] [TheNextWeb]. Its core differentiation is a patented hydrometallurgical process, EcoCathode™, which it claims recovers over 95% of critical minerals including lithium while reusing 99% of its nitric acid solvent [Altilium.tech, Unknown]. The company has secured a disclosed $12 million Series A led by SQM Lithium Ventures and a recent, oversubscribed Series B1 retail raise [Altilium, Sep 2023] [Altilium, Jul 2025]. Over the next 12-18 months, the critical watchpoint is the commissioning of its planned ACT3 refinery, a facility designed to process 24,000 EV batteries annually [Altilium, Oct 2025].
Data Accuracy: YELLOW -- Key claims are confirmed by company announcements; technical and capacity metrics are company-reported.
Taxonomy Snapshot
| Axis | Classification |
|---|---|
| Stage | Series B |
| Business Model | B2B |
| Industry / Vertical | Cleantech / Climatetech |
| Geography | Western Europe |
| Growth Profile | Venture Scale |
| Founding Team | Co-Founders (2) |
How the Company Got Here
Altilium is a UK-based clean technology group founded in 2020, headquartered in Plymouth, with a mission to develop a domestic, circular supply chain for electric vehicle battery materials [Crunchbase]. The company's operational narrative is built around a staged, site-based scaling model it calls ACT (Advanced Circular Technologies). Its first site, ACT1, serves as an R&D and technology development center [Altilium, Apr 2026].
In March 2024, the company announced a partnership with Nissan and Connected Energy for a UK government-backed project to process spent Nissan Leaf batteries and production scrap [Altilium, Mar 2024]. By December 2024, Altilium reported commencing activities at its ACT2 plant, an 18,000 square foot facility with a stated capacity to process 300kg of black mass per day [Altilium, Dec 2024]. The company also claims to have produced the UK's first EV battery cells made from recycled materials in collaboration with the UK Battery Industrialisation Centre (UKBIC) [UKBIC].
In July 2025, Altilium announced the completion of an oversubscribed Series B1 retail raise [Altilium, Jul 2025]. In February 2026, the company filed a patent for a new process, EcoMineral™, and established a subsidiary named ReOre Technologies aimed at mineral recovery from mine waste [Altilium, Feb 2026].
Data Accuracy: YELLOW -- Core company details confirmed by Crunchbase and company website; specific capacity and partnership claims are self-reported.
Product and Technology
Altilium's commercial proposition rests on a staged, asset-heavy approach to recycling, moving from lab-scale R&D to industrial processing of end-of-life electric vehicle batteries. The company's public narrative centers on three sequential Advanced Circular Technology (ACT) sites [Altilium].
At the core of the process is a patented hydrometallurgical method branded EcoCathode, which uses nitric acid to leach critical minerals from battery black mass. The company claims this method recovers over 95% of lithium, cobalt, nickel, and manganese, and 99% of graphite, while also enabling 99% recovery and reuse of the nitric acid itself [Altilium]. The output is cathode active material (CAM) and recovered anode material intended for direct use in new battery cells [UKBIC].
Public capacity metrics are tied to specific ACT sites. The ACT2 demonstration plant, operational as of December 2024, is reported to process 300kg of black mass per day [Altilium, Dec 2024]. The planned ACT3 refinery, backed by a £18.5 million government grant, is designed for significantly larger scale, with a stated capacity to process 24,000 EV batteries annually [Altilium, Oct 2025]. Beyond battery recycling, the company has filed a patent for a related EcoMineral process aimed at recovering minerals from mine tailings [Altilium, Feb 2026].
Data Accuracy: ORANGE -- Core process claims are company-sourced; third-party validation of output quality and commercial-scale performance is limited.
Where the Demand Sits
| Metric | Value |
|---|---|
| EU Recycled Content Mandate (2031) | 16 % Cobalt |
| EU Recycled Content Mandate (2031) | 6 % Lithium |
| EU Recycled Content Mandate (2031) | 6 % Nickel |
| Carbon Reduction vs Virgin Materials | 50 % |
Data Accuracy: YELLOW -- Market sizing is based on analogous third-party analyst reports and widely cited regulatory frameworks. The carbon reduction figure is company-sourced.
Competitive Landscape
| Company | Positioning | Stage / Funding | Notable Differentiator |
|---|---|---|---|
| Altilium | UK-based producer of low-carbon cathode/anode materials from recycled EV batteries. | Series B (2025). $12M Series A (2023). | Patented nitric acid leaching (EcoCathode™); aims for domestic, circular supply chain. |
| Ecobat | Global leader in lead-acid battery recycling, expanding into lithium-ion. | Private, established. | Massive global collection network and existing smelting infrastructure for volume processing. |
| Recyclus Group | UK-based battery recycling and technology group. | Public (AIM-listed). | Focus on mechanical processing and logistics; operates a permitted waste facility. |
Data Accuracy: YELLOW -- Competitor identification is public; Altilium's claims are self-reported.
Opportunity
Altilium's opportunity is to become the UK's foundational, end-to-end battery circularity platform. The company's ACT sites represent a risk-managed approach to scaling, moving from R&D at ACT1 to a pilot plant at ACT2, with a planned commercial-scale refinery at ACT3 [Altilium]. This progression is designed to de-risk the capital-intensive build-out of recycling infrastructure. The company has already produced the UK's first EV battery cells made from its recycled materials in collaboration with the UK Battery Industrialisation Centre (UKBIC) [UKBIC].
Data Accuracy: YELLOW -- Growth scenarios and opportunity size are extrapolated from company announcements and a single public peer.
Sources
- [Altilium, Apr 2026] Altilium - Sustainable, low carbon battery materials | https://altilium.tech/
- [Crunchbase] Altilium Clean Technology - Crunchbase | https://www.crunchbase.com/organization/altilium-clean-technology
- [Altilium, Jul 2025] Altilium Completes Oversubscribed Series B1 Retail Raise | https://altilium.tech/2025/07/31/altilium-completes-oversubscribed-series-b1-retail-raise/
- [Altilium, Sep 2023] Series A - Altilium Clean Technology | https://www.crunchbase.com/funding_round/altilium-clean-technology-series-a--70ffaf2e
- [Altilium, Mar 2024] Altilium partners with Nissan for UK Government backed multimillion-pound Electric Vehicle Battery Recycling Project | https://altilium.tech/2024/03/04/altilium-partners-with-nissan-for-uk-government-backed-multimillion-pound-electric-vehicle-battery-recycling-project/
- [TheNextWeb] UK startup Altilium bags £18.5m... | https://thenextweb.com/news/1417451-altilium-drive35-ev-battery-recycling-plymouth
- [Altilium.tech, Unknown] Process - Altilium | https://altilium.tech/process/
- [UKBIC] Altilium and UKBIC announce successful production of UK's first EV battery cells made from recycled materials | https://www.ukbic.co.uk/altilium-and-ukbic-announce-successful-production-of-uk-s-first-ev-battery-cells-made-from-recycled-materials
- [Altilium, Dec 2024] Altilium commences activities at ACT 2 EV Battery Recycling Plant | https://altilium.tech/2024/12/01/altilium-achieves-key-milestone-with-commencement-of-activities-at-new-ev-battery-recycling-plant/
- [Altilium, Oct 2025] Altilium joins industry leaders and UK Prime Minister for historic trade mission to India | https://altilium.tech/2025/10/08/9144/
- [Altilium, Feb 2026] Altilium files patent for EcoMineral™ process and establishes ReOre Technologies to unlock minerals from mine waste | https://altilium.tech/2026/02/26/altilium-files-patent-for-ecomineral-process-and-establishes-reore-technologies-to-unlock-minerals-from-mine-waste/
- [BloombergNEF] BloombergNEF EV Battery Recycling Market Outlook |
- [European Parliament, July 2023] EU Battery Regulation |
- [International Energy Agency] IEA Global Critical Minerals Outlook |
- [Altilium, Feb 2024] Altilium, SYNETIQ and LV= Collaborate To Close The Loop On UK EV Battery Recycling | https://altilium.tech/2024/02/14/altilium-synetiq-and-lv-collaborate-to-close-the-loop-on-uk-ev-battery-recycling/
Articles about Altilium
- Altilium's UK Battery Recycling Plant Aims to Keep Critical Minerals Onshore — The Plymouth-based startup is scaling a patented nitric acid process to feed new EV cells from old ones, backed by SQM Lithium Ventures and an £18.5 million grant.