Tees Valley Lithium signs agreement with Britishvolt buyers Recharge Industries

A coming lithium hydroxide factory on Teesside could supply the company looking to rescue plans for Britishvolt’s £3.8bn gigafactory in the North East.

Tees Valley Lithium, which is building a £200m facility in Redcar, has signed a memorandum of understanding with Recharge Industries, an Australian start-up which administrators chose as buyer of the failed battery company. In an update to investors, Tees Valley Lithium – owned by Alkemy Capital Investments – said it would continue good-faith negotiations with the firm, aiming toward a definitive offtake and supply agreement.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Alkemy Capital Investments

More articles like this

Alkemy Capital Investments plc

Critical metals that are essential for the energy transition

Lithium: a key element in energy storage Lithium plays an essential role in the energy transition, as it is required for the manufacturing of batteries for electric vehicles and for the storage of intermittent energy generated by renewable

Alkemy Capital Investments plc

Critical minerals: Energy transition drives demand

Demand for critical minerals is growing apace. According to the latest Critical Minerals Market Review by the International Energy Agency (IEA), the world’s need for lithium, cobalt and nickel rose three-fold, 70 percent and 40 percent between 2017 and 2022.

Alkemy Capital Investments plc

The crucial role of chemistry in achieving net-zero

The chemical industry is fundamental to net-zero. We provide the advanced materials used in the technologies that society is looking to deploy to reach our climate targets. Everything from wind turbine blades to insulation to lightweight materials all

Alkemy Capital Investments plc

Is lithium the next big thing?

In recent years, there has been a growing buzz around lithium, a chemical element that is primarily used in the production of batteries. With the increasing demand for electric vehicles and renewable energy storage, lithium has emerged as

Alkemy Capital Investments plc

VSA Alkemy Capital webinar

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

Alkemy Capital Investments plc

Alkemy Capital’s Tees Valley Lithium posts updated corporate presentation

Alkemy Capital Investments plc (LON:ALK) (JV2:FRA) has announced that its wholly-owned subsidiary Tees Valley Lithium Limited has posted an updated corporate presentation on its website www.teesvalleylithium.co.uk: Alkemy Capital Investments plc (LON:ALK, FRA: JV2) is focussed on developing projects in the energy

Alkemy Capital Investments plc

Alkemy Capital continues to make significant progress

Alkemy Capital Investments plc (LON:ALK) has announced its unaudited financial statements for the 6 months ended 31 July 2023. Chairman’s Statement I have great pleasure in presenting our interim results for the period ended 31 July 2023. KEY

Alkemy Capital Investments plc

Alkemy Capital strategy positions it to achieve major milestones

Alkemy Capital Investments plc (LON:ALK) (JV2:FRA) has announced that international investment banking and broking firm, VSA Capital, has published an updated research note on the Company. The research note follows recent announcements from Alkemy regarding advancements on feedstock negotiations

Alkemy Capital Investments plc

Tees Valley – Green Investment

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

Alkemy Capital Investments plc

Firms awarded £600k grant to work on lithium projects

Two key lithium projects in the North-East have been awarded more than £600,000 to work together on building a unique production route from ‘borehole to battery’. Weardale Lithium, a natural resources company based in County Durham has announced

Alkemy Capital Investments plc

Tees Valley Lithium shortlisted by major automotive OEM

Tees Valley Lithium has been shortlisted by a major automotive OEM as the preferred lithium refiner for some of its European lithium supply chain. The UK refiner’s owner, Alkemy Capital Investments, said discussions are advancing well with automotive OEMs and

No more posts to show