Marubeni stock gets Altilium funding news for a 24,000 battery refinery

Published on 10/08/2026 at 04:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Marubeni joined Altilium's Series B2 funding on October 6, 2026, for an ACT 3 battery refinery. Q1 revenue rose 20.6 percent and profit rose 20.7 percent year over year.

Marubeni, JP3877600001, Illustration mit AI erstellt.

Marubeni stock (ISIN JP3877600001) was down 2.95 percent in Tokyo trading on October 8, 2026. The Japanese trading group also joined follow-on Series B2 funding for UK battery recycler Altilium on October 6, 2026, linking the company to a planned refinery with annual capacity of 24,000 electric vehicle batteries.

Altilium investment reaches industrial scale

According to Renewable Energy Magazine on October 6, 2026, Marubeni and SQM provided additional investment in Altilium's Series B2 round. The proceeds will support ACT 3 in Plymouth, which is designed to recover nickel mixed hydroxide precipitate, lithium sulfate and graphite from end-of-life batteries.

The project gives Marubeni exposure to a battery-materials platform rather than a simple power-generation asset. Altilium's planned ACT 3 facility is sized for 24,000 batteries per year, while its longer-term ACT 4 plan targets 150,000 batteries annually, according to the same dated report from Renewable Energy Magazine.

Q1 profit rose 20.7 percent

Marubeni's latest reported quarter ended June 30, 2026. Revenue increased 20.6 percent year over year to JPY 2.609 trillion, while net profit attributable to owners rose 20.7 percent to JPY 186.432 billion, based on the Q1 figures published by InvestorTrader from the August 3, 2026 release.

The comparison matters because operating income rose 54.7 percent to JPY 132.125 billion in the same quarter, a faster increase than bottom-line profit. The gap points investors toward the composition of earnings, including investment income and other non-operating items, rather than relying on one growth rate alone.

Next results arrive November 4

Marubeni's investor-relations calendar lists the second-quarter FY2026 results for November 4, 2026, at 11:00 a.m. JST. The date appears on Marubeni's investor-relations page and provides the next scheduled checkpoint for the earnings trend.

Stock remains below yearly high

Marubeni stock was last at JPY 4,646 on the Tokyo Stock Exchange on October 8, 2026, at 11:10 a.m. JST. Its current 52-week range is JPY 3,570 to JPY 6,328, while market capitalization stands at JPY 7.6 trillion and volume at 1,716,200 shares on the same date.