Through this collaboration, Connected Energy hopes to capture more of the residual value of these spent batteries once they reach the end of their second life, while Altilium will gain more visibility of available feedstock for its recycling facilities, including its planned Teesside refinery (ACT 4). The plant will have the capacity to recycle waste batteries from 150,000 EVs a year, producing 30,000 MT of CAM, enough to meet 20% of the expected UK demand by 2030.Both companies are already part of a £30.1 million Nissan-led project, backed by the Advanced Propulsion Centre, aimed at strengthening the UK’s capabilities in EV battery reuse, recycling and grid balancing.By promoting the reuse and recycling of EV batteries, Altilium and Connected Energy are helping to build a circular economy for EV batteries in the UK, reducing the UK’s reliance on imported materials and decreasing the carbon footprint associated with battery production and disposal. This in turn supports the UK’s goals to achieve net-zero emissions by 2050.
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