"We are very pleased to collaborate with Alkemy Capital Investments Plc on this important lithium supply cooperation. Under Alkemy's robust lithium refinery project platform, we are confident that more strategic opportunities across the midstream and downstream sectors can be jointly developed. These initiatives will not only support local economic growth and job creation but also drive forward the development of the future-oriented new energy industry. We look forward to building a long-term and impactful partnership."
Does this suggest that ALK may have plans to participate in other projects or develop new ones in addition to the existing Teesside lithium refinery?
We don't know much news yet, but Syrah Resources Ltd's presentation on the 13th still has "MOU for JV development of large-scale AAM facility in the UK."
Some companies find it difficult to borrow money because of high interest rates. However, some companies double their bonds because many people want to invest in eco-friendly bonds.
Europe values carbon. And weardale is a low carbon lithium company. If weardale is successful, alk can get low carbon lithium. I don't know the future, but I hope they succeed.
"The Feasibility Study has been produced ahead of schedule in response to the due diligence requirements of certain global OEMs looking to utilise and contract with Alkemy's refineries."