Alkemy Capital Investments plc (LON:ALK, FRA: JV2) is focussed on developing projects in the energy transition metals sector.
Alkemy’s wholly-owned subsidiary Tees Valley Lithium is developing a state of the art lithium hydroxide plant at Teesside, UK.Â
Tees Valley Lithium was set up to become Europe’s first independent lithium chemical processing hub, importing high value feedstock from around the world and supplying battery grade lithium hydroxide to Europe.
TVL’s state-of-the-art facility will generate $1.5 billion sales annually at current prices, create over 500 jobs during construction and 250 high value full-time jobs thereafter.
Alkemy has recognised that China dominates lithium conversion capacity and increasingly is moving upstream to secure feedstock. The market for lithium hydroxide has been well articulated by many analysts with a consensus forecasting that it will go into deficit causing prices to rise significantly over the medium term.
It is also expected that Europe and the US will continue to use the higher performance NMC batteries which require a lithium hydroxide feedstock.
Alkemy Capital Investments is managed by an experienced team of industry professionals with complementary skill sets and a proven track record of value creation for shareholders.
The company is listed on the main market of the London Stock Exchange under the ticker ALK and on the Frankfurt Stock Exchange under the ticker JV2.
