A green energy duo behind moves to drive forward the electric vehicle revolution have joined forces.
Altilium Metals and Tees Valley Lithium (TVL) have agreed a memorandum of understanding.
Bosses say the partnership will “establish a sustainable and robust supply chain of critical battery minerals” crucial to the green motoring push.
It comes as Altilium continues to finalise plans for a Teesside-based electric vehicle battery recycling plant and TVL presses on with its endeavour to build “Europe’s first independent lithium chemical processing hub” it says will deliver lithium hydroxide – a component for battery manufacture – to the automotive sector.
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.