SYNETIQ has announced a new partnership with clean technology group Altilium to recycle EV batteries from cars that have been written off.
It works with LV= to recover and recycle EV batteries, and as part of this new deal will now process these batteries to recover raw materials at Altilium’s state-of-the-art technology centre in Devon.
Altilium’s hydrometallurgical processes can recover over 95% of the battery metals, resulting in a 50% reduction in carbon emissions and 20% lower costs.
Tom Rumboll, CEO, SYNETIQ, said, “Through our collaboration with Altilium and LV=, we aim to establish complete circularity in the UK, particularly in a pivotal sector for the energy transition. This collaboration has the potential to substantially diminish CO2e emissions, marking a significant step towards a more sustainable future.”
Rod Savage, Programme Director, End-of-Life Batteries at Altilium, added, “Our collaboration with SYNETIQ marks a pivotal moment in achieving a circular economy for EV batteries in the UK and reducing our reliance on imported battery materials.”
Martin Milliner, General Insurance claims director, LV= Insurance, said, “We’re happy to be supporting SYNETIQ and Altilium as they work to develop a solution to reduce the environmental impact of battery production in the UK and look forward to exploring how we can further collaborate to create full circularity in the UK EV battery supply chain.”
