Alkemy Capital’s TVL collaborating with Altilium Metals

Alkemy Capital Investments plc (LON:ALK) (JV2:FRA) and its wholly-owned subsidiary Tees Valley Lithium Limited, has reported that TVL has entered into an MOU with Altilium Metals Limited.


·    Altilium Metals is a UK based clean tech group whose planned battery recycling facility in Teesside will have capacity to process scrap from 150,000 EVs and to produce 30,000 tonnes of Cathode Active Material per year, enough to power 20% of new EVs produced in the UK by 2030, making it one of the largest in Europe

·    TVL and Altilium Metals have agreed to collaborate on the supply of lithium sulphate feedstock to TVL from Altilium Metals’ battery recycling facility and will also investigate the supply by TVL of lithium hydroxide for Altilium Metals’ planned Cathode Active Materials production facility, also in Teesside

·   TVL and Altilium Metals will also work together to source further lithium feedstock and to collaborate to ensure a sustainable and robust battery supply chain of Cathode Active Materials to the North East of the UK

Altilium Metals, a clean energy group focused on supporting the transition to net zero, and TVL, developers of the UK’s first and Europe’s largest lithium hydroxide processing facility, have entered into a MOU which will see the two companies collaborate to establish a sustainable and robust supply chain of critical battery minerals in the North East of England.

Under the terms of the MOU, TVL will investigate the supply of lithium hydroxide to Altilium Metals’ planned cathode active materials (“CAM”) production facility in Teesside. There it will be combined with critical metals recovered from end-of-life batteries and gigafactory scrap to produce CAM, the key component in the production of lithium-ion batteries, giving full battery circularity.

TVL’s processing hub at the Wilton International Chemicals Park is in close proximity to Altilium Metals’ planned battery recycling facility, also located in Teesside, that will have capacity to process scrap from over 150,000 EVs per year, making it one of the largest in Europe and the only one of its kind in the UK.

The two companies will also collaborate on the supply of lithium sulphate recovered from battery waste to TVL’s refinery.

By sourcing raw materials recovered from battery waste in the UK, TVL will further reduce the carbon footprint of its refinery, by reducing its reliance on imported feedstocks. According to recent analysis by McKinsey, the carbon emissions of recycled battery materials are about four times lower than for newly mined battery materials. TVL aims to supply its UK and European customers with the world’s lowest-carbon lithium hydroxide.

TVL plans to produce 96,000 tonnes of premium, low-carbon lithium hydroxide annually at its processing hub in Teesside. The refinery, which has been granted full planning permission, was recently highlighted by the UK’s Critical Minerals Association as a project of strategic importance in the UK critical minerals midstream processing and refining sector.

In a further boost to the sustainability of both facilities, Altilium Metals plans to reuse waste sulphuric acid produced at TVL’s refinery to extract lithium and other critical metals from battery waste at its hydrometallurgical recycling facility.

The companies will also work together to source the lithium feedstock required to produce the balance of Altilium Metals’ needs at its Teesside recycling facility. Designed by Hatch, the plant is designed to process a mix of different battery chemistries, including LCO, LFP and NMC, and multiple feedstocks, including gigafactory scrap and primary raw materials.

The two Teesside-based facilities look set to play a significant role in the UK’s transition to electric vehicles and the development of a secure and sustainable domestic supply chain for lithium. TVL’s refinery is expected to produce enough lithium hydroxide to supply 100% of the forecasted automotive demand in the UK by 2030.

Altilium Metals’ planned recycling plant will produce 30,000 tonnes of CAM a year – enough to power 20% of new EVs produced in the UK by 2030.

Altilium Metals CTO, Dr Christian Marston, commented:

“We look forward to working with our neighbour in Teesside on a domestic, sustainable and low carbon source of critical minerals for a UK electrified supply chain, supporting directly the UK’s net zero ambitions and its energy security.”

Sam Quinn, Director of Tees Valley Lithium, commented: 

“We are delighted to be collaborating with Altilium Metals and our respective Teesside facilities will play a significant role in the UK’s transition to EVs and in the development of a UK domestic lithium supply chain.

TVL aims to supply its UK and European customers with the world’s lowest-carbon lithium hydroxide and by sourcing lithium feedstock materials recovered from battery waste in the UK, TVL will further reduce the carbon footprint of its refinery.”

Click to view all articles for the EPIC:
Or click to view the full company profile:
Alkemy Capital Investments plc

More articles like this

Alkemy Capital Investments plc

Alkemy Capital Investments pioneering the renewable energy revolution

The renewable energy sector is witnessing remarkable growth, driven by increasing global awareness of climate change and a collective push towards sustainability. Governments and corporations worldwide are committing to ambitious carbon reduction targets, fostering an environment

Alkemy Capital Investments plc

Boosting green investment in UK freeports

The UK, leveraging its Brexit freedoms, has established eight freeports aimed at rejuvenating industrial areas with jobs and investment. This initiative is part of a broader strategy to level up the nation, but now it’s time

Alkemy Capital Investments plc

The importance of Lithium in a sustainable world

Even though prices have declined from their 2022 peaks, experts continue to emphasise the monumental importance of lithium in the years and decades ahead. Projections from the UN Trade and Development (UNCTAD), based on data from

Alkemy Capital Investments plc

The economic opportunities of the clean energy transition

The clean energy transition is heralded as one of the greatest economic opportunities since the Industrial Revolution, according to global energy policy expert Jason Bordoff. In 2022, investments in renewables reached a record high of $1.3

Alkemy Capital Investments plc

Lithium market to see substantial growth driven by EVs

A recent report by the International Energy Agency (IEA) forecasts substantial growth in the lithium market, driven primarily by the expanding electric vehicle (EV) industry. The report, part of the Global Critical Minerals Outlook 2024, outlines

Alkemy Capital Investments plc

An introduction to Alkemy Capital

Alkemy Capital Investments plc (LON:ALK) is focussed on developing projects in the energy transition metals sector. Tees Valley Lithium is developing a state of the art lithium hydroxide plant at Teesside, UK. Tees Valley Graphite is

Alkemy Capital Investments plc

Lithium’s expanding role and the future demand surge

Lithium has many more uses than commonly imagined, being essential in mobile phones, tablets, laptops, electric vehicles, building materials, air conditioning, dyes, glass containers, medicines, astronaut suits, and submarines. As the world moves towards energy transition,

Alkemy Capital Investments plc

The critical mineral driving the energy transition

Lithium, often referred to as the ‘white gold’ of the energy transition, is a crucial component in battery storage technology. It powers zero-emission vehicles and facilitates the storage of wind and solar energy, allowing clean energy

Alkemy Capital Investments plc

Paving the way for a lithium-powered clean energy future

Lithium is a critical raw material essential to the EU’s transition to clean energy, as outlined in the recently adopted Critical Raw Materials Act (CRMA). The CRMA aims for the European industry to achieve 10% extraction,

Alkemy Capital Investments plc

Lithium demand is exploding

As the world moves into a future powered by batteries, lithium’s light weight and high energy density make it the most sought-after metal for electronic devices of all kinds. At the same time, the way lithium

Alkemy Capital Investments plc

The importance of Mining in the Energy Transition

Many years ago, there was a TV advertisement shot in the kitchen of a family home. All was well until the oven disappeared, then the refrigerator and the kettle. Then the cutlery from the table vanished

Alkemy Capital Investments plc

The importance of Lithium in the Energy Transition

Essential to the energy transition, lithium is such a precious resource that it has been dubbed “white gold”. In 2022, it was mostly extracted by three countries: Australia (47% of global production), Chile (26%) and China

Alkemy Capital Investments plc

Tees Valley Lithium among job generators on Teesside

The North East is set for a year of 10,000 jobs and soaring ambitions as major new projects start taking shape that will change the lives of families across the region. After a 2022 full of amazing previews