18th Jan 2024 14:28
Alkemy Capital Investments PLC - London-based company focused on acquisitions in the mining and technology metals sectors - Believes macroeconomic outlook for lithium processing "remains extremely robust" despite recent price drop with demand rising in Europe. Tees Valley Lithium's refinery in Teeside has secured environmental and planning permission with production set for 2026, as well as feedstock. Alkemy is focused on securing mezzanine finance in the short term, and discussions are advancing with potential lenders. Meanwhile company is "actively exploring opportunities" to expand its downstream processing capabilities in conjunction with industry and strategic partners. Read More