Brexit Britain eyes EV revolution with new ‘strategic asset’ to end reliance on China

Mr Marston continued: “We kind of see that there is no net zero or rapid decarbonisation of economies without critical metals, because this energy transition is so mineral intensive. As we move from a fuel-based energy system to a mineral-based energy system, the UK will have challenges surrounding that.

“One help is recycling, as these batteries are already in the UK. We kind of see them almost as enriched ore. What we can do is extract those minerals, we can recover 95 percent plus of the lithium, nickel, cobalt and manganese, and we can put it back into the supply chain and remanufacture EV batteries.

“You can actually think of these battery sites as a strategic asset as we move forward because the volume of end-of-life batteries coming onstream is quite significant.”

With the UK Government set to phase out fossil fuel vehicles from 2030, Altilium estimates that by then, the global demand for EVs will have skyrocketed, and subsequently producing over 11 million tonnes of battery waste annually, enough to fill Wembley Stadium almost 20 times every year.

Article source: https://www.express.co.uk/news/science/1702154/uk-ev-cheaper-electric-car-battery-recycling-Altilium-Metals-china-lithium-reliance