WA allocates land for $70 billion of industrial developments

The Western Australian government has allocated industrial land for major resource processing industries, including POSCO, Fortescue Future Industries, Alinta Energy, Tees Valley Lithium, and BP.

This move will benefit these companies by enabling $70 billion of industrial developments in the Boodarie and Ashburton North regions. The state government has approved land allocations for multiple industrial companies in these areas.

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.

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