Investors would do well to understand the basics of the battery metal — where it’s found, how it’s produced and how mining companies identify and select lithium resources.
There’s no such thing as a guaranteed investment, but in the battery metals sector, lithium has had a very promising run thus far. Amid a global push for electrification and sustainable power, lithium demand has skyrocketed and it is expected to keep climbing in the long term.
Global demand for lithium batteries alone is set to increase at least fivefold by 2030, surpassing 2 million tonnes. Even with the rapid pace at which we’ve seen mining and exploration companies develop new projects in recent years, we’re still likely to fall short.
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 (TVL) is developing a state of the art lithium hydroxide plant at Teesside, UK. TVL is Europe’s largest independent and sustainable lithium hydroxide producer.