Altilium Signs MOU to Supply Talga with Recycled Graphite

Recently, Talga Group Ltd announced details of a non-binding MOU with Altilium to secure a sustainable supply of graphite for use in EV battery anode products.

Under the MoU framework Altilium proposes to supply Talga with up to 16,000 tonnes of recycled graphite over three years commencing 2026. ASX-listed Talga is building Europe's first natural graphite anode refinery in Sweden and is developing a recycled graphite anode product in response to increasing demand for the critical material.

Graphite is the largest component in electric vehicle (EV) batteries, comprising 25-30% of their weight. With accelerated take-up of EVs, demand for graphite is expected to grow by 250% between 2023 and 2030, leading to a global supply deficit of 777,000 tonnes by 2030.

Currently over 90% of the world's graphite is refined in China, which imposed export controls on graphite in 2023. This has created a need for innovative recycling methods to secure domestic supplies of high-quality graphite needed for production of lithium-ion batteries. Developing a circular economy for these materials would also reduce waste and result in lower carbon emissions compared with mining.

Using its EcoAnode? process, Altilium is able to recover 99% of the graphite from end-of-life EV batteries. Initial tests have shown that this recycled graphite matches the purity and physical characteristics of primary sources. The process has also been shown to deliver significant reductions in climate change impact for production of anode materials, with 77% lower greenhouse gas emissions compared to primary production from China.

Altilium's planned mega-scale battery recycling in Teesside will have capacity to recover 20,000 tonnes of graphite annually, meeting over 20% of UK demand by 2030.

The collaboration between Altilium and Talga also aligns with the EU's sustainability goals and policies, including the Critical Raw Materials Act, which sets a 2030 benchmark to source 25% of the EU's strategic raw materials from recycled sources.

Source: altilium (Website)