Weardale Lithium £1billion valuation, MAC has 8%, that's £80m for Mac28 Jan 2026 10:50
Weardale Lithium £1billion valuation, MAC has 8%, that's £80m for Mac
View profile for Richard Hogg
Richard Hogg 3rd+
CEO at Jackson Hogg | Co-Founder River Birch Newman | Jackson James | Tecuna
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Weardale Lithium - A £1 Billion Plus Vision
I go to numerous meetings where we talk about the need for people with big visions. The kind of leaders who take risks and turn ideas into game-changing, real-world impact.
I had the pleasure of sitting down with Stewart Dickson, a former investment banker who is now leading one of the UK’s most ambitious clean-energy projects. As CEO of Weardale Lithium, he is driving plans to extract lithium from deep beneath County Durham and create the country’s first home-grown supply of this critical battery metal.
The numbers are staggering. The project could produce up to 10,000 tonnes of battery-grade lithium carbonate each year, enough to power around 250,000 electric vehicles, inject more than £1 billion into the regional economy and support over 125 high-value jobs.