The company aiming to build the 海角视频鈥檚 first lithium factory in the region to supply EV battery makers has attracted London brokers to the region, to show them key sites of the plan.
Alkemy Capital Investments plc is the investment vehicle behind Tees Valley Lithium (TVL) , the firm that aims to launch the 拢216m factory at Teesside Freeport, which could become the 海角视频鈥檚 first lithium hydroxide plant.
The company 鈥 which published suggesting the factory could supply 15% of the demand for the 海角视频 and EU鈥檚 electric vehicle manufacturing needs 鈥 wants to get the plant operational by late 2023 and says an estimated 400 jobs could be created at the plant.
Alkemy and TVL has now announced on the Stock Market that it last week hosted London brokers VSA Capital and Shard Capital on a visit to the Wilton International Chemicals Park, where it plans to build the plant, and the Teesside Port facilities.
VSA Capital, an international investment banking and broking firm, has a long-established track record of successfully helping small and mid-cap companies in the natural resources, transitional energy, alternative energy space to realise their goals. Shard Capital, meanwhile, is an independent financial services company headquartered in London, offering a full range of broking, asset management and corporate capital services.
The announcement said: 鈥淭he Wilton International Teesside Chemicals Park is one of the biggest in Europe and is host to Anglo American, SABIC, Alpec, Nippon Gas among others. Wilton are providing TVL with plug and play services including energy, development land, infrastructure, fibre, utilities and security at TVL鈥檚 20-acre plot.
鈥淭he visitors to TVL鈥檚 site at Wilton noted the access to chemicals reagent services and access to green renewable energy - including the planned direct wire link to the world鈥檚 biggest wind farm located at Dogger Bank.
鈥淭he group were also hosted by PD Ports, one the 海角视频s largest port operators who will provide logistic services including container handling. The PD Ports Teesport location is the nation鈥檚 fifth largest port and the 海角视频鈥檚 northern gateway for international trade.鈥
Over the past month, TVL has announced its feasability study along with outstanding metallurgical testwork results for its battery-grade lithium hydroxide, validated by Cathode Active Material manufacturers. The company said preparations are well advanced for activities on the ground to commence later in the year.
TVL CEO John Walker said: 鈥淭ees Valley Lithium is moving fast towards establishing the world鈥檚 first independent and sustainable lithium hydroxide processing facility, here at the Wilton International Chemicals Park in Teesside 海角视频. TVL, with the help of it鈥檚 partners, will be supplying the 海角视频 and Europe with 96,000tpa of battery-grade lithium hydroxide - the equivalent to 15% of European demand by 2030.鈥
