Kamran Mahdavi
CEO
Altilium Clean Technology
This startup extracts copper from mine waste and recycles spent electric vehicle batteries to provide sustainable materials for the energy sector. By reducing reliance on technology metals sourced from regions with poor human rights, the company enhances energy security in the UK and Europe.
- Battery Technology
- Clean Technology
- New Materials
Updated 21 months ago
Funding
Raised to date
$17.9MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
The increasing demand for electric vehicle (EV) batteries is straining global supply chains for critical minerals like lithium, nickel, and cobalt, while also raising concerns about the environmental impact of traditional mining practices. Current reliance on overseas sources and virgin materials poses risks to energy security and automotive manufacturers' sustainability goals.
Solution
Altilium provides a sustainable solution by recycling end-of-life EV batteries and gigafactory scrap to produce high-purity, battery-grade metal salts, precursor cathode active material (P-CAM), and cathode active material (CAM). Their proprietary EcoCathode™ technology recovers over 95% of critical minerals, including lithium, nickel, and cobalt, while reducing greenhouse gas emissions by up to 74% compared to conventional hydrometallurgical recycling. This process transforms waste streams into valuable resources, creating a circular economy and decarbonizing automotive supply chains. Altilium's EcoAnode™ process further enhances sustainability by recovering over 99% of graphite for use in new anodes. By establishing a domestic supply of low-carbon battery materials, Altilium strengthens energy security and helps automakers meet stringent regulatory and sustainability obligations.
Target Audience
Altilium's primary customers are automotive OEMs and battery manufacturers seeking a sustainable and secure supply of low-carbon battery materials to meet regulatory requirements and decarbonize their supply chains.
Features
- EcoCathode™ hydrometallurgical process for recycling all battery sizes, types, and chemistries (LFP, NMC, LCO)
- EcoAnode™ process for recovering over 99% of graphite from end-of-life EV batteries
- Production of high-purity, battery-grade metal salts, P-CAM, and CAM
- 95% recovery rate of critical minerals (lithium, nickel, cobalt)
- Up to 74% reduction in GHG emissions compared to conventional hydrometallurgical recycling
- Up to 20% lower cost than commercially available CAM
- Recycled graphite matches the purity and physical properties of primary sources
- Patents secured across each segment of the battery recycling value chain