November 11, 2024: UK-based clean technology group Altilium has launched an online platform that offers businesses a way to sell spent EV batteries.

Altilium’s Recell.store provides an online interface for UK businesses looking to sell used batteries for recycling or second-life applications. Users can register their details in a database and get a quote for their battery packs and when the sale is agreed, Altilium will arrange for collection of the battery for recycling at its UK facilities.

The company says its new platform underlines its commitment to reducing the environmental impact of battery scrap while accelerating the growth of a circular economy for critical battery minerals in the U.K.

Once EV battery packs are collected, they are dismantled and shredded before being processed to recover critical battery metals, as well as graphite.

Altilium says its EcoCathode technology can recover over 95% of the battery metals from an end-of-life EV battery, reducing the cost of battery raw materials by up to 20% and cutting greenhouse gas emissions by up to 74% compared to virgin materials.

Business can also register to join Altilium’s network of affiliated recyclers. The company says it has “extensive relationships with vehicle dismantlers, automotive OEMs and insurance companies,” which helps to reduce the pressure of EV battery storage and the associated costs.

Altilium says it is already collecting end-of-life EV batteries from multiple automotive OEMs in the UK, in addition to partners such as Synetiq and Connected Energy, for recycling at its facilities in Devon.

To handle the growing volume of battery waste, the company says it is planning to build a EV battery recycling plant in Teesside, which will have the capacity to process batteries from over 150,000 EVs per year.