Altilium secures £1,018,629 through Faraday Battery Challenge

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Tatton Consulting supported Plymouth-based EV battery recycling company Altilium in its successful application to Faraday Battery Challenge Round 5 Innovation : CR&D, awarded £1,018,629 by Innovate UK for the project CAM-EV – Development of new processes to recover critical metals from multi-chemistry, end-of-life EV batteries and convert them into tailored cathode-active materials.

About the funded R&D project

The global EV transition could generate more than 11 million tonnes of battery waste a year by 2030, roughly twenty Wembley Stadiums’ worth. CAM-EV develops processes to recover critical metals from multi-chemistry end-of-life batteries, which is harder than single-chemistry recovery because the input stream cannot be controlled.

Award details

  • Total project grant: £1,018,629
  • Of which to Altilium: £631,900
  • Competition: Faraday Battery Challenge Round 5 Innovation : CR&D
  • Competition year: 2022/23
  • Project: CAM-EV – Development of new processes to recover critical metals from multi-chemistry, end-of-life EV batteries and convert them into tailored cathode-active materials
  • Sector: Battery recycling / circular economy
  • UKRI project record: Gateway to Research, project 10048761
  • Dataset: Innovate UK funded projects, published 10 August 2026

Tatton Consulting supported the competitive grant application. The award value, competition and project title are taken from UKRI’s published record for this project.

See all Innovate UK awards Tatton Consulting has supported on our grant successes page.

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