REG - Alkemy Capital Invs. - TVL Appoints New CEO and Commences FEED Study

Alkemy Capital InvestmentsAnnouncement

18/02/2025 07:15

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RNS Number : 4093X  Alkemy Capital Investments PLC  18 February 2025

18 February 2025

 

Alkemy Capital Investments Plc

 

     TVL Appoints New CEO and Commences FEED Study

 

Alkemy Capital Investments plc ("Alkemy" or the "Company") (LSE: ALK)
(JV2:FRA), the 100% owner of Tees Valley Lithium ("TVL"), is pleased to
announce the appointment of Vikki Jeckell as Chief Executive Officer of TVL.
Alongside this leadership transition, TVL has formally commenced its Front-End
Engineering Design ("FEED") study, marking a critical milestone in the
development of its lithium hydroxide refinery in Teesside, UK. The Company
also continues to advance due diligence with investors as part of the capital
raise led by ABG Sundal Collier.

 

Vikki brings a wealth of experience in supply chain management, particularly
within the battery materials industry. Her extensive background includes time
at Johnson Matthey, where she played a key role in developing and executing
strategies to optimise global battery supply chains.

 

More recently, as co-founder and director of Supply Tactics, a specialist
supply chain consultancy, Vikki has supported many of the upcoming European
lithium projects. As a non-executive director and consultant to TVL, Vikki has
been instrumental in developing TVL's partnerships, engaging offtakers, and
shaping the commercial strategy for the project.

 

As CEO, Vikki will lead TVL through the next critical phase of its
development, ensuring the successful execution of its FEED study and
preparation for the construction phase.

 

 

HIGHLIGHTS

 

●    New CEO Appointment: Vikki will lead TVL through FEED and towards
Final Investment Decision, driving project execution and financing

 

●    FEED study launched: Led by Wave International, this study will
deliver engineering design, cost estimates, and execution planning

 

●    Veolia partnership: Veolia will contribute process expertise and
validation test work

 

●    Investor due diligence progressing: Strong interest from strategic
and institutional investors underscores confidence in TVL's lithium refinery
project

 

●    Commitment to delivering a world-class lithium refinery: TVL remains
focused on establishing a reliable, independent supply of battery-grade
lithium hydroxide in the UK.

 

 

 

 

 

Alkemy Chairman Paul Atherley commented:

 

"We are delighted to welcome Vikki as CEO of TVL at this pivotal moment. The
launch of our FEED study, combined with the expertise of Wave and Veolia,
reinforces our ability to execute this strategically important project. With
strong investor engagement and top-tier technical partners in place, we are
well on track to deliver a leading lithium refinery in Europe."

 

 

 

TVL CEO Vikki Jeckell commented:

 

"I am honoured to lead TVL as we progress through the FEED phase towards FID
and construction. Our collaboration with Wave and Veolia ensures we are
integrating the best available engineering, process expertise, and digital
technologies to de-risk and optimise our refinery. With the FEED study now
underway and financing discussions progressing, we are taking decisive steps
to deliver a world-class lithium supply chain for the UK and Europe."

 

 

 

 

Further information

 

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

-Ends-

 Alkemy Capital Investments Plc  Tel: 0207 317 0636

                                 info@alkemycapital.co.uk (mailto:info@alkemycapital.co.uk)
 Zeus Capital                    Tel: 0203 829 5000

 

ABOUT US

 

Alkemy Capital Investments plc: Alkemy is focused on the development of
critical mineral infrastructure to support the global energy transition.
Through its wholly owned subsidiary, TVL, Alkemy is leading the way in
establishing Europe's first independent lithium hydroxide refinery.

 

Tees Valley Lithium Limited: TVL is dedicated to providing battery-grade
lithium chemicals to meet the growing demand of the electric vehicle supply
chain in Europe. Strategically located  in Teesside, TVL is committed to
sustainable, efficient, and world-class operations.

 

 

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. In
addition, factors that could cause actual events to differ materially from the
forward-looking information stated herein 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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