Altilium secures £491,641 through Faraday Battery Challenge

Table of Contents

Tatton Consulting supported Plymouth-based EV battery recycling company Altilium in its successful application to Faraday Battery Challenge Round 6 Innovation Feasibility, awarded £491,641 by Innovate UK for the project ReTail: Proving technical and economic recycling of battery metals from old mine tailings for re-entry into a UK electrified supply chain..

About the funded R&D project

Metals for EV batteries are overwhelmingly sourced from large-scale mining outside Europe, at environmental, social and financial cost, with tightening legislation and expected tariffs adding pressure. ReTail tested whether recovering battery metals from old mine tailings works technically and stacks up economically.

Award details

  • Total project grant: £491,641
  • Of which to Altilium: £233,295
  • Competition: Faraday Battery Challenge Round 6 Innovation Feasibility
  • Competition year: 2023/24
  • Project: ReTail: Proving technical and economic recycling of battery metals from old mine tailings for re-entry into a UK electrified supply chain.
  • Sector: Battery recycling / rare earths
  • UKRI project record: Gateway to Research, project 10087807
  • 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.

Share this article with a friend

Create an account to access this functionality.
Discover the advantages

✅ Thank You for Sharing Your Details

We’ve received your submission about your innovation and R&D plans. Our team will review the information and be in touch with tailored guidance on the next steps.