Recycling / circular

Altilium

55Mixed / Improving

Plymouth, United KingdomFounded 20200 followers

altilium.tech

UK clean-technology company that hydrometallurgically recycles end-of-life EV batteries to recover lithium, nickel, and graphite for reuse in new battery cells.

Green Score

55/100
Mixed / Improving
Greenwashing risk
low
Data confidence
medium
Method
how it is calculated
Climate Impact & Solution35%78

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

The EcoCathode™ and EcoAnode™ processes recover >95% of cathode metals and >99% of graphite from end-of-life EV batteries, with an independent LCA by Minviro finding up to 74% lower GHG impact vs. primary Chinese supply chains, and pilot-scale validation confirmed through cell manufacturing trials at UKBIC with JLR and Nissan — but commercial-scale impact remains unproven until ACT3 and ACT4 are operational.

Decarbonization & Targets20%18

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

No SBTi-validated targets, no CDP disclosure, and no published net-zero roadmap with interim milestones were found in any public source; Altilium's climate commitments are expressed only through aspirational marketing language about 'supporting the transition to net zero,' which does not constitute a credible, science-based corporate target.

ESG & Operations15%42

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

No published sustainability report, GHG inventory, or third-party ESG audit was found; positive indicators include government-backed job creation (70+ roles at ACT3, 500+ planned at ACT4), UK regulatory compliance, and backing from established institutional investors (SQM, Marubeni, Mizuho), but the absence of documented labour practices, supply-chain due diligence disclosures, or board-level ESG governance structures limits scoring.

Transparency & Verification15%32

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

The Minviro LCA is genuinely independent third-party verification of product-level GHG intensity and is the strongest disclosure asset, but Altilium has published no corporate GHG inventory (Scope 1/2/3), no sustainability or ESG report, and no CDP response, meaning investors cannot assess operational emissions, energy mix, water use, or governance quality from publicly available data.

Integrity15%88

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No controversies, regulatory violations, litigation, greenwashing allegations, fossil-fuel lobbying, or governance scandals were found in any public source; the company's government grant awards through competitive UK programmes (DRIVE35, APC, Innovate UK) and strategic OEM partnerships (JLR, Nissan) provide a credible integrity signal, though the company is young and pre-commercial scrutiny remains limited.

Why it's on ClimateTicker

Altilium's core business — hydrometallurgical recycling of end-of-life EV batteries into battery-grade cathode and anode materials — is genuinely circular and displaces carbon-intensive virgin mining, with a third-party LCA confirming up to 74% lower GHG intensity vs. Chinese primary supply chains. The impact thesis is credible and technology-validated at pilot scale with JLR and Nissan, but the company remains pre-commercial at meaningful scale (flagship ACT3 plant commissioned late 2027 at best), so claimed environmental benefits are largely prospective. Corporate-level sustainability governance is thin: no SBTi targets, no CDP disclosure, and no published operational GHG inventory were found, creating a moderate gap between product-level green credentials and institutional ESG maturity.

mitigationAltilium sells recycled battery intermediates — nickel mixed hydroxide precipitate (MHP), lithium sulphate, graphite, precursor CAM (pCAM) and cathode active material (CAM) — to automotive OEMs and battery manufacturers; revenue is currently negligible as commercial plants are under construction, with growth funded by government grants (£18.5M DRIVE35) and strategic private investors including SQM, Marubeni, and Mizuho Bank.

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