Recyclus Launches £3 Million Funding Round to Accelerate Growth of the UK’s Sole Industrial-Scale Lithium-Ion (Li-ion) Battery Recycling Facility
(EIS Qualifying for UK Investors)
Recyclus Launches £3 Million Funding Round to Accelerate Growth of the UK’s Sole Industrial-Scale Lithium-Ion (Li-ion) Battery Recycling Facility
(EIS Qualifying for UK Investors)
“We take pride in leading the charge toward sustainability and are excited to be at the forefront of the UK’s emerging battery supply chain as a dedicated recycler. Our commitment to innovative recycling practices positions us as key players in creating a more sustainable and responsible industry. We are focused on delivering effective solutions that benefit both our communities and the environment while upholding the highest safety standards.”
Robin Brundle & Alex Stanbury
Co-Founders & Directors, Recyclus Group
The Plant
Recyclus has initiated a £3 million funding round to support the expansion of the UK’s only industrial-scale lithium-ion (Li-ion) battery recycling operation.
The company’s state-of-the-art facility, which is licensed to process up to 22,000 tonnes of batteries annually, has been processing since July 2023. During this period, it has successfully undergone emissions compliance testing and has been fully licensed by the Environment Agency. This facility remains the only UK plant with regulatory approval for industrial-scale battery recycling—a position that took several years to achieve and which provides a significant early-to-market advantage.
The plant is now increasing throughput, and management projects the business will reach breakeven by Q2 2025. Post-breakeven, revenue growth is expected to accelerate through gate fees for the collection of end-of-life Li-ion batteries (ranging from handheld devices to electric vehicles) and from the sale of recycled materials, including nickel, cobalt, lithium, aluminium, and copper.
The Sector
Automotive manufacturers are required to increase the recycled material content in new EV batteries. Recyclus is well-positioned to capitalise on this mandate, with plans to scale and maintain our market leading position in the UK’s lithium-ion battery recycling sector. The company’s broader goal is to establish a “cradle-to-cradle” circular economy, retaining critical minerals within the UK—a strategic priority for both the UK government and the wider automotive industry.
In addition to its recycling capabilities, Recyclus has developed secure storage and safe transportation boxes for Li-ion batteries, designed to contain explosions and fires, thereby preventing propagation. Orders for sales and rentals have already been placed by the UK government, automotive manufacturers, and robotics companies.
The company has also pioneered proprietary recycling technology for lithium thionyl chloride (LTC) batteries, addressing a global environmental issue while commanding a premium gate fee.
Register for Access
Who is Eligible to Participate in the Investment Round, and What Defines a Permitted Investor?
To participate in this investment round, you must qualify as a Permitted Investor. As part of this process, you will be required to sign a Confidentiality Agreement and provide self-certification confirming that you meet the criteria of either a High Net Worth Investor or a Sophisticated Investor, as defined by the Financial Conduct Authority (FCA) and detailed in the certification document.
Material Non-Public Information Risk Concerning Technology Minerals
Recyclus believes that the information contained in its Investment Presentation should be considered both Material and Non-Public with respect to Technology Minerals PLC. Accessing these investment materials would categorise you as an insider, thereby prohibiting you from trading in Technology Minerals PLC shares, derivatives, and options until such time as the information becomes public or is no longer deemed material.
As a result, we are restricting shareholders of Technology Minerals from participating in the Recyclus investment round and request that you do not seek access to these materials. If you are a shareholder of Technology Minerals PLC, or plan to invest in the company and are uncertain how this restriction may affect you, we strongly advise that you seek independent legal advice.
If you are interested in joining Recyclus in its next phase of growth, please complete the form below and submit your details.
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Should you have any questions do please email: [email protected]
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