MOU with Tees Valley Lithium to build a sustainable supply chain of Cathode Active Material essential for the UK’s transition to electric vehicles
Altilium Metal’s planned battery recycling facility in Teesside will have capacity to process scrap from 150,000 EVs and to produce 30,000 tonnes of Cathode Active Material per year, enough to power 20% of new EVs produced in the UK by 2030, making it one of the largest in Europe. Tees Valley Lithium plans to produce…