02
July 2024
Alkemy Capital Investments
Plc
Results of
AGM
Alkemy Capital Investments plc
("Alkemy") is pleased to announce that at the annual general
meeting of the Company held earlier today, all resolutions were
duly passed.
Further information
For further information, please visit
Alkemy's website: www.alkemycapital.co.uk or
TVL's website www.teesvalleylithium.co.uk.
-Ends-
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.