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Pin to quick picksAlkemy Capital. Share News (ALK)

Share Price Information for Alkemy Capital. (ALK)

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Share Price: 92.50
Bid: 90.00
Ask: 95.00
Change: 0.00 (0.00%)
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Open: 95.00
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Alkemy Capital subsidiary secures partnerships for lithium refinery

Mon, 04th Dec 2023 12:03

(Alliance News) - Alkemy Capital Investments PLC on Monday said its subsidiary Tees Valley Lithium has secured technology and vendor partnerships to help advance its lithium refinery project.

The London-based company focused on acquisitions in the mining and technology metals sectors said

TVL has awarded preferred vendor status to JordProxa and Eurodia Industrie SAS for work on its Wilton lithium refinery in Teesside, North East England.

JorProxa will establish a hydrometallurgical process island for Train 1 crystalliser, which "utilises the standard causticisation process for the production of lithium hydroxide monohydrate." Meanwhile, Eurodia Industrie will build Train 2, which uses electrochemical processes to produce lithium hyrdoxide from lithium sulphate or lithium carbonate.

TVL will aslo collaborate with Queensland based implementer of engineering and renewables projects, Wave International, as a lead engingeering and technical partner.

Shares in Alkemy were down 2.8% at 116.67 pence each in London on Monday morning.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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