ALK Alkemy Capital Investments Plc

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RNS Number : 9051T

Alkemy Capital Investments PLC

20 November 2023

20 November 2023

Alkemy Capital Investments Plc

Appointment of Battery Metals Supply Chain Expert to the Board of Directors

Alkemy Capital Investments plc ("Alkemy") (ALK:LSE) (JV2:FRA) is delighted to announce the appointment of Vikki Jeckell, a supply chain expert in the battery materials industry, as a Non-Executive Director of Alkemy and of its wholly-owned subsidiary Tees Valley Lithium Limited ("TVL").

Vikki's appointment comes at a crucial time for Alkemy as it embarks on its ambitious growth plans in the rapidly evolving battery materials sector.

Vikki brings a wealth of experience and expertise in supply chain management, particularly within the battery materials industry. Her extensive background includes five years at Johnson Matthey as Head of Supply Chain Strategy for Battery Materials.

More recently as co-founder and director of Supply Tactics Limited, a supply chain consultancy, Vikki played a pivotal role in negotiating and securing TVL's offtake agreement with Wogen Resources Limited.

In addition to her professional accomplishments, Vikki is known for her commitment to sustainability and innovation in supply chain processes, aligning perfectly with Alkemy's vision of creating more efficient and environmentally friendly battery materials.

Vikki will continue to be actively involved in various strategic initiatives that will drive Alkemy's growth and enhance its competitive edge in the global market.

Vikki Jeckell commented:

"I am thrilled to be part of a company that is at the forefront of establishing a UK battery materials supply chain. I look forward to contributing to Alkemy's strategic direction and helping to strengthen its position in this vital industry."

Non-Executive Chairman Paul Atherley commented:

"Vikki's deep understanding of the complexities of the supply chain in the battery materials sector makes her an invaluable addition to our board. As we navigate the challenges and opportunities of this dynamic industry, her insights and strategic guidance will be essential to our continued success and growth."

Further information

For further information, please visit the Company's website: www.alkemycapital.co.uk

-Ends-

 
 Alkemy Capital Investments Plc   Tel: 0207 317 0636 
                                   info@alkemycapital.co.uk 
 SI Capital Limited               Tel: 0148 341 3500 
 VSA Capital Limited              Tel: 0203 005 5000 
 

ABOUT ALKEMY CAPITAL

Alkemy is seeking to establish independent and sustainable lithium hydroxide production by developing lithium sulphate and lithium hydroxide facilities in the UK and Australia.

Alkemy, through its wholly owned UK subsidiary Tees Valley Lithium, has secured a 9.6 ha brownfields site with full planning permission at the Wilton International Chemicals Park in Teesside, a major UK Freeport, to build the UK's first and one of Europe's largest lithium hydroxide processing facility.

Tees Valley Lithium has completed a Class 4 Feasibility Study for its proposed lithium hydroxide refinery which will process feedstock imported from various sources to produce 96,000 tonnes of premium, low-carbon lithium hydroxide or an equivalent amount of lithium carbonate annually, representing around 15% of Europe's projected demand.

Alkemy, through its wholly owned Australian subsidiary Port Hedland Lithium, has secured a 43.7 ha site at the Boodarie strategic industry area, near Port Hedland, Western Australia to build a world-class sustainable lithium sulphate refinery that will provide reliable feedstock for Tees Valley Lithium's refinery.

Port Hedland Lithium has completed a Class 4 Feasibility Study for its proposed lithium sulphate refinery, each train of which will process spodumene concentrate to produce 40,000 tonnes of lithium sulphate annually.

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. In addition, factors that could cause actual events to differ materially from the forward-looking information stated herein 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.

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November 20, 2023 02:00 ET (07:00 GMT)

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