REG - Alkemy Capital Invs. - Tees Valley Lithium and Wave Int. Site Visit

Alkemy Capital InvestmentsAnnouncement

11/04/2022 07:00

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RNS Number : 8812H  Alkemy Capital Investments PLC  11 April 2022

 

11 April 2022

 

Alkemy Capital Investments Plc

 

 

Tees Valley Lithium Ltd and Wave International Site Visit

 

 

Alkemy Capital Investments plc ("Alkemy")'s wholly-owned subsidiary, Tees
Valley Lithium Limited ("TVL") is moving rapidly towards establishing Europe's
first sustainable battery-grade lithium hydroxide processing facility in the
UK.

Last week, TVL CEO John Walker visited Sembcorp Energy UK's site at Wilton
International, where TVL has an exclusivity agreement in place for a 20-acre
plot in order to construct Europe's first low-carbon battery-grade lithium
hydroxide plant.

Ryan Hanrahan and Michael Barker from Wave International Limited ("Wave") were
also present at the site visit, ahead of the release of the Class 4
Feasibility Study, conducted by Wave. The Class 4 Study is due to be released
shortly.

TVL and Wave also met with PD Ports for a tour of the shipping and logistics
company's main operation at Teesport - the fifth largest port in the UK and
the only major port in England to handle more exports than imports.

The activities not only provided valuable information to inform the Class 4
study, but also served to strengthen relationships between the local partners
and the TVL / Wave teams. TVL and Wave are planning to establish a local
project team in the Teesside area in the coming month to accelerate
finalisation of local agreements and progress towards execution.

 

Tees Valley Lithium, CEO John Walker, commented:

 

"Tees Valley Lithium is excited to be partnering with world-class companies
such as PD Ports, Sembcorp Energy UK and Wave International to establish a
major independent and sustainable lithium hydroxide production at the Wilton
International chemical park in the Teesside Freeport to supply the burgeoning
demand from the electric vehicle industry.

At full production Tees Valley will produce 96,000 tonnes a year of lithium
hydroxide equivalent to 15% of the UK and EU demand by 2025."

 

Photographs.

Photograph of TVL and Wave at the Wilton International site. From left to
right: John Walker, Michael Barker, Ryan Hanharan.  To view the image, please
click on the following link:
https://www.alkemycapital.co.uk/images/2022/Image_1.jpg
(https://www.alkemycapital.co.uk/images/2022/Image_1.jpg)

Photograph taken of the TVL leased plot at Sembcorp Energy UK's site at Wilton
International, Teesside UK.  To view the image, please click on the following
link: https://www.alkemycapital.co.uk/images/2022/Image_2.jpg
(https://www.alkemycapital.co.uk/images/2022/Image_2.jpg)

Photograph of TVL and Wave at the PD Ports' Teesport office. From left to
right: Michael Barker, John Walker, Ryan Hanharan. To view the image, please
click on the following link:
https://www.alkemycapital.co.uk/images/2022/Image_3.jpg
(https://www.alkemycapital.co.uk/images/2022/Image_3.jpg)

Photograph of PD Ports' Teesport. To view the image, please click on the
following link: https://www.alkemycapital.co.uk/images/2022/Image_4.jpg
(https://www.alkemycapital.co.uk/images/2022/Image_4.jpg)

 

About Sembcorp Energy UK

Sembcorp Energy UK is part of Sembcorp Industries - a leading energy and urban
solutions provider, driven by its purpose to do good and play its part in
building a sustainable future. Sembcorp's integration makes it ideally
positioned to support the global energy transition and help drive Sembcorp
Energy UK's contribution to the UK's 2050 Net-Zero target. More information on
Sembcorp Energy UK here: https://www.sembcorpenergy.co.uk
(https://www.sembcorpenergy.co.uk)

About Wave International

 

Wave International is a Global Implementer of Resource & Renewables
Projects, with global headquarters in Australia and European headquarters in
the Netherlands. Wave has extensive experience and specialist expertise in the
planning, engineering, and execution of lithium hydroxide refineries globally.

 

Built on a 23 year history, the business has evolved to be a globally leading
firm in the emerging green and circular economies. Wave have been leading the
way in battery and technology metals for nearly 20 years, and are now at the
forefront of developing new industries and supply chains to support global
decarbonization.

 

Wave's services include advisory, engineering and project delivery for natural
resources, downstream refining, enabling infrastructure and water projects.
More information on Wave here: https://www.waveinternational.com
(https://www.waveinternational.com)

 

About PD Ports, Teesport

 

PD Ports is one of the UK's leading port groups and Maritime UK's 2022
Business of the Year. PD Ports also owns and operates Teesport, the fifth
largest port in the UK and amongst the 10 biggest in Western Europe,
contributing over £1.4 billion to the UK economy each year. More information
PD Ports here: https://www.pdports.co.uk/locations/teesport/
(https://www.pdports.co.uk/locations/teesport/)

Further information

For further information, please visit the Company's website:
www.alkemycapital.co.uk (http://www.alkemycapital.co.uk) or
www.teesvalleylithium.co.uk (http://www.teesvalleylithium.co.uk)

-Ends-

Sam Quinn

Director - Alkemy Capital Investments Plc

Telephone: 0207 317 0636

Email: info@alkemycapital.co.uk (mailto:info@alkemycapital.co.uk)

 

VSA Capital Limited

Corporate Advisor and Broker

Andrew Raca - Corporate Finance

Andrew Monk - Corporate Broking

Telephone 0203 005 5000

 

 

Forward Looking Statements

This news release contains forward‐looking information. The statements are
based on reasonable assumptions and expectations of management and Alkemy
provides no assurance that actual events will meet management's expectations.
In certain cases, forward‐looking information may be identified by such
terms as "anticipates", "believes", "could", "estimates", "expects", "may",
"shall", "will", or "would". Although Alkemy believes the expectations
expressed in such forward‐looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and
actual results or developments may differ materially from those projected.
Mining exploration and development is an inherently risky business. In
addition, factors that could cause actual events to differ materially from the
forward-looking information stated herein include any factors which affect
decisions to pursue mineral exploration on the relevant property and the
ultimate exercise of option rights, which may include changes in market
conditions, changes in metal prices, general economic and political
conditions, environmental risks, and community and non-governmental actions.
Such factors will also affect whether Alkemy will ultimately receive the
benefits anticipated pursuant to relevant agreements. This list is not
exhaustive of the factors that may affect any of the forward‐looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on forward-looking information.

 

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