Altilium Raises $1 Million Following Successful Retail Investment Round

 Altilium, a UK-based clean technology company focused on 
sustainable recovery of critical battery materials, has today announced the successful 
completion of its latest retail investment round, raising approximately $1 million from 
more than 750 investors.

The fundraising follows the award of an £18.5 million APC Drive35 grant earlier this year 
to support the development of Altilium’s ACT3 facility, the UK's first commercial-scale 
refinery for recovery of critical battery materials from end-of-life EV batteries.

The retail investment round was opened in April to accelerate the expansion of 
Altilium’s UK operations and engage directly with the local communities where the 
company is investing and operating, while raising awareness of the vital role battery 
recycling will play in the UK's industrial future.

The strong response demonstrates the growing public support for a circular economy 
and recognition of battery recycling as a strategic industry for the UK, strengthening 
critical minerals security, supporting Net Zero ambitions and building more resilient 
domestic supply chains.

Christian Marston, Altilium co-founder and COO, commented: “As we continue to 
build a world-class circular economy for EV batteries in the UK, we believe in giving
local communities and the wider UK public the opportunity to participate in and 
benefit from Altilium's growth story. Together, we are creating a more secure, 
sustainable and resilient supply chain for the critical materials that will power the 
energy transition.”

The raise has also helped increase awareness of Altilium's mission and the opportunity 
for the UK to become a global leader in sustainable battery materials and critical 
mineral recovery.

Altilium’s proprietary EcoAnode™ and EcoCathode™ recycling technology recovers 
lithium, nickel, cobalt and graphite from end-of-life EV batteries, creating a 
sustainable domestic source of critical minerals for the next generation of UK made 
EVs. By recovering these materials from recycled feedstocks, Altilium is reducing 
reliance on imported raw materials, strengthening energy security and supporting the 
UK’s automotive sector.

Located in Plymouth, Devon, Altilium’s ACT3 plant will have capacity to process 24,000 
EV batteries per year, producing high-value battery intermediates including nickel 
mixed hydroxide precipitate (MHP), lithium sulphate and graphite, which are all 
essential components for next-generation battery manufacturing. 

Alongside its retail investors, Altilium continues to work closely with its institutional 
partners, SQM, Marubeni and Mizuho Bank.