18
February 2025
Alkemy Capital Investments
Plc
TVL Appoints New CEO
and Commences FEED
Study
Alkemy Capital Investments plc
("Alkemy" or the "Company") (LSE: ALK) (JV2:FRA), the 100% owner of
Tees Valley Lithium ("TVL"), is pleased to announce the appointment
of Vikki Jeckell as Chief Executive Officer of TVL. Alongside this
leadership transition, TVL has formally commenced its Front-End
Engineering Design ("FEED") study, marking a critical milestone in
the development of its lithium hydroxide refinery in Teesside, UK.
The Company also continues to advance due diligence with investors
as part of the capital raise led by ABG Sundal Collier.
Vikki brings a wealth of experience
in supply chain management, particularly within the battery
materials industry. Her extensive background includes time at
Johnson Matthey, where she played a key role in developing and
executing strategies to optimise global battery supply chains.
More recently, as co-founder and
director of Supply Tactics, a specialist supply chain consultancy,
Vikki has supported many of the upcoming European lithium projects.
As a non-executive director and consultant to TVL, Vikki has been
instrumental in developing TVL's partnerships, engaging offtakers,
and shaping the commercial strategy for the project.
As CEO, Vikki will lead TVL through
the next critical phase of its development, ensuring the successful
execution of its FEED study and preparation for the construction
phase.
HIGHLIGHTS
●
New CEO
Appointment: Vikki will lead TVL
through FEED and towards Final Investment Decision, driving project
execution and financing
●
FEED study
launched: Led by Wave International,
this study will deliver engineering design, cost estimates, and
execution planning
●
Veolia
partnership: Veolia will contribute
process expertise and validation test work
●
Investor due
diligence progressing: Strong
interest from strategic and institutional investors underscores
confidence in TVL's lithium refinery project
●
Commitment to
delivering a world-class lithium refinery:
TVL remains focused on establishing a reliable,
independent supply of battery-grade lithium hydroxide in the
UK.
Alkemy Chairman Paul Atherley commented:
"We are delighted to welcome Vikki as CEO of TVL at this
pivotal moment. The launch of our FEED study, combined with the
expertise of Wave and Veolia, reinforces our ability to execute
this strategically important project. With strong investor
engagement and top-tier technical partners in place, we are well on
track to deliver a leading lithium refinery in
Europe."
TVL
CEO Vikki Jeckell commented:
"I
am honoured to lead TVL as we progress through the FEED phase
towards FID and construction. Our collaboration with Wave and
Veolia ensures we are integrating the best available engineering,
process expertise, and digital technologies to de-risk and optimise
our refinery. With the FEED study now underway and financing
discussions progressing, we are taking decisive steps to deliver a
world-class lithium supply chain for the UK and
Europe."
Further information
For further information, please
visit Alkemy's website: www.alkemycapital.co.uk or
TVL's website teesvalleylithium.co.uk.
-Ends-
ABOUT US
Alkemy Capital Investments plc: Alkemy is focused on the development of critical mineral
infrastructure to support the global energy transition. Through its
wholly owned subsidiary, TVL, Alkemy is leading the way in
establishing Europe's first independent lithium hydroxide
refinery.
Tees Valley Lithium Limited: TVL is dedicated to providing battery-grade lithium chemicals
to meet the growing demand of the electric vehicle supply chain in
Europe. Strategically located in Teesside, TVL is committed
to sustainable, efficient, and world-class operations.
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.
