Hatchett was awarded the Copley Medal by the Royal Society in 1798. In 1828, he was recognized by the Royal Institution. Hatchett, Humphry Davy, William Thomas Brande, William Hyde Wollaston, Michael Faraday and John Frederic Daniell received a gold medal for their discoveries in chemistry. The award was given by John Fuller, founder of the Institution's Fullerian Chair of Chemistry.
In 1979, the Companhia Brasileira de Metalurgia e Mineração established the Charles Hatchett Award.
It is presented by the Institute of Materials, Minerals and Mining ("IOM3") (London), yearly, to a noted metallurgist. The award is given for "the best research on the science and technology of niobium and its alloys". The medal is cast in pure niobium.