According to Yahoo News, Lithium Salvage has secured $2.1 million in funding to develop the UK’s first end-to-end household lithium-ion battery recycling plant. The investment round, led by Northstar Ventures’ Venture Sunderland Fund, will support the scaling up of the company’s refining process and the expansion of its Sunderland facility. The initiative is expected to significantly reduce lithium-ion battery waste, which is currently exported abroad due to limited domestic processing capacity.
The funding will accelerate large-scale production, allowing the Sunderland site to process significant volumes of battery waste. Additional investment came from Sixth Wave Ventures, NPIF II – Maven Equity Finance, Gaspara Asset Management, and angel investors from across the UK. The company has also received support from Innovate UK, and has partnered with Teesside University, the Centre for Process Innovation, GAP Group, Pennine Energy, and 6th Engineering to advance its technology. Simon Robeson, Chairman and Founder of Lithium Salvage, described the investment as a strong vote of confidence in the company’s vision and technical capabilities to create a sustainable and scalable battery recycling supply chain.
Lithium Salvage has developed a proprietary and scalable refining process that transforms battery waste into valuable salts for resale. The company aims to be the UK’s first fully integrated lithium-ion battery recycler by 2026. Tom O’Neill, Investment Manager at Northstar Ventures, emphasized the project’s importance in tackling environmental challenges while boosting Sunderland’s strengths in battery technology and electrification. With the UK pushing toward greater self-sufficiency in critical minerals, Lithium Salvage’s Sunderland plant will play a key role in advancing the nation’s battery recycling infrastructure, reducing waste exports, and supporting a circular economy for lithium-ion batteries.
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