Altilium and Linked Power have entered a strategic relationship that can see the businesses collaborating on the extension of the lifecycle of EV batteries.
With headquarters in Newcastle and Hethel, Linked Power designs and develops vitality storage techniques utilizing second-life EV batteries, whereas Altilium processes end-of-life EV batteries and manufactures the scrap to provide low-carbon cathode lively supplies (CAM) for reuse in new batteries.
Beneath the settlement, Altilium and Linked Power will develop sustainable and environmentally accountable enterprise fashions for the repurposing and recycling of EV batteries.
The collaboration additionally goals to ascertain recycling protocols, to be adopted as industry-wide requirements, following the waste hierarchy ideas of re-use, re-purpose and recycle.
Repurposing EV batteries in stationary techniques can lengthen their life by as much as ten years. As soon as these batteries attain the tip of their second life, they will then be recycled and the minerals recovered for reuse within the manufacturing of recent batteries.
els for the repurposing and recycling of EV batteries.
The collaboration additionally goals to ascertain recycling protocols, to be adopted as industry-wide requirements, following the waste hierarchy ideas of re-use, re-purpose and recycle.
Repurposing EV batteries in stationary techniques can lengthen their life by as much as ten years. As soon as these batteries attain the tip of their second life, they will then be recycled and the minerals recovered for reuse within the manufacturing of recent batteries.
Altilium has acquired its first batch of batteries from Linked Power, which might be processed on the firm’s recycling amenities in Devon. Utilizing its EcoCathode recycling course of, Altilium can recuperate over 95 per cent of the battery metals, together with lithium, in a format that may be immediately reused.
The method additionally ends in a 60 per cent discount in carbon emissions and 20 per cent decrease prices in comparison with virgin supplies.
In an announcement, Matthew Lumsden, CEO Linked Power, stated: “Over the following 5 years, we are going to see a fast improve within the availability of used EV batteries. As an {industry}, it’s vital that we work collectively to make sure that we transfer batteries by means of the worth chain in a approach that minimises their environmental influence while maximising their monetary worth. This collaboration is a crucial step in making a mannequin for true battery circularity.”
Linked Power’s storage techniques are used throughout the UK and Europe for purposes together with supporting EV charging hubs, reducing vitality payments, balancing the grid, and maximising the return on funding from photo voltaic arrays.
Giving their batteries a second life allows EV producers and different battery house owners to additional monetise their batteries for a number of years earlier than they’re recycled.
By means of this collaboration, Linked Power hopes to seize extra of the residual worth of those spent batteries as soon as they attain the tip of their second life, whereas Altilium will acquire extra visibility of accessible feedstock for its recycling amenities, together with its deliberate Teesside refinery (ACT 4).
The plant may have the capability to recycle waste batteries from 150,000 EVs a yr, producing 30,000MT of CAM, which is alleged to be sufficient to fulfill 20 per cent of the anticipated UK demand by 2030.
