TIDMALK
RNS Number : 3989W
Alkemy Capital Investments PLC
17 April 2023
17 April 2023
Alkemy Capital Investments Plc
UK Indo-Pacific Minister and Western Australian mining giants in
Port Hedland
to discuss the future of Australia to UK critical minerals
Last week, the team at Alkemy Capital Investments plc ("Alkemy")
(ALK:LSE) (JV2:FRA) were invited to meet with the UK Minister for
the Indo-Pacific, Rt Hon Anne-Marie Trevelyan to discuss the future
working relationship between Australia and the UK to futureproof
supplies of minerals that will be central to delivering the world's
net zero pledges.
The Alkemy team spent the day with Minister Trevelyan visiting
Port Hedland, Australia's largest port and the base for Alkemy's
planned Lithium Sulphate Refinery.
The Alkemy team, Minister Trevelyan, and representation from
Western Australian mining giants Mineral Resources and Pilbara
Minerals were hosted by Pilbara Ports Authority who showcased their
world-class port infrastructure and the plans for the new critical
minerals wharf at Lumsden Point, located within Port Hedland.
Earlier this year, Alkemy's wholly-owned subsidiary Tees Valley
Lithium (" TVL ") announced the company had secured a 43ha freehold
site at the Boodarie Strategic Industrial Area, located 12km south
of Port Hedland, to build a standalone low-carbon Lithium Sulphate
refinery.
The site is ideally located close to power (both existing and
planned renewables), gas and port infrastructure with easy direct
road access to the new Lumsden Point container berth.
Through both the Port Hedland Lithium Sulphate refinery, and the
Lithium Hydroxide refinery based in Teesside UK, TVL will have the
capacity to process 180,000 tpa of lithium spodumene to 24,000 tpa
of lithium hydroxide and aims to become the world's lowest embedded
carbon lithium refiner. TVL is currently in active discussions with
potential feedstock partners.
Alkemy and TVL are creating the link between the world's largest
spodumene miners and Europe's burgeoning EV market.
Minister for the Indo-Pacific Anne-Marie Trevelyan said in a
press release last week:
"Australia's unmatched production capacity, combined with the
UK's mineral trading and finance expertise, will boost global
supplies, help protect supply chains from future shocks, and
support thousands of skilled, high-paying jobs."
Sam Quinn, Director of Alkemy commented:
"Tees Valley Lithium is offering Western Australian lithium
miners the opportunity to diversify their revenue streams by
processing spodumene at Boodarie into a primary lithium sulphate,
refining into either a hydroxide or carbonate at Wilton in the UK,
and sell a branded product into the European premium market."
To view the images of the site visit, please click on the
following link
http://www.rns-pdf.londonstockexchange.com/rns/3989W_1-2023-4-17.pdf
For further information, please visit Alkemy's website:
www.alkemycapital.co.uk or TVL's website
www.teesvalleylithium.co.uk .
-Ends-
Alkemy Capital Investments Plc Tel: 0207 317 0636
Sam Quinn info@alkemycapital.co.uk
VSA Capital Limited Tel: 0203 005 5000
Andrew Monk (Corporate Broking)
Andrew Raca (Corporate Finance)
Shard Capital Partners LLP Tel: 0207 186 9952
Damon Heath damon.heath@shardcapital.com
Tel: 0207 186 9927
Isabella Pierre isabella.pierre@shardcapital.com
NOTES TO EDITORS
Alkemy is seeking to establish the world's leading independent
and sustainable lithium hydroxide production by developing
state-of-the-art Lithium Sulphate and Lithium Hydroxide facilities
in Australia and the UK.
Alkemy, through its wholly-owned subsidiary Tees Valley Lithium,
has secured a 9.6 ha brownfields site with full planning permission
at the Wilton International Chemicals Park located in Teesside, a
major UK Freeport to build Europe's first and largest Lithium
Hydroxide processing facility.
Alkemy has completed a Class 4 Feasibility Study for its
proposed lithium hydroxide facility which will process feedstock
imported from various sources to produce 96,000 tonnes of premium,
low-carbon lithium hydroxide annually, representing around 15% of
Europe's projected demand.
The company has identified a site at Port Hedland, Western
Australia to build a world-class sustainable Lithium Sulphate
refinery that will provide reliable feedstock for Tees Valley
Lithium.
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. Mining exploration and development
is an inherently risky business. In addition, factors that could
cause actual events to differ materially from the forward-looking
information stated herein include any factors which affect
decisions to pursue mineral exploration on the relevant property
and the ultimate exercise of option rights, which may 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
UPDZDLBFXZLLBBF
(END) Dow Jones Newswires
April 17, 2023 02:00 ET (06:00 GMT)
Alkemy Capital Investments (LSE:ALK)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Alkemy Capital Investments (LSE:ALK)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
