Altilium secures £345,802 through Critical Materials for Magnets

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Tatton Consulting supported Plymouth-based EV battery recycling company Altilium in its successful application to Critical materials for magnets: Strand 1, feasibility studies, awarded £345,802 by Innovate UK for the project ReREE: Establishing feasibility of a novel process to recover rare earth elements from mining tailings for re-entry into a UK supply chain..

About the funded R&D project

Rare earth elements are essential to renewable energy, electronics and EV motors, and their extraction carries significant environmental cost. This feasibility study explored recovering them from mine tailings using hydrometallurgical processing in the UK, turning an existing waste stream into a domestic source.

Award details

  • Total project grant: £345,802
  • Of which to Altilium: £210,406
  • Competition: Critical materials for magnets: Strand 1, feasibility studies
  • Competition year: 2023/24
  • Project: ReREE: Establishing feasibility of a novel process to recover rare earth elements from mining tailings for re-entry into a UK supply chain.
  • Sector: Critical materials / rare earths
  • UKRI project record: Gateway to Research, project 10082225
  • 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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