Alkemy Capital Investments Plc (GB:ALK) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Alkemy Capital Investments Plc has reported significant advancements through its subsidiary Tees Valley Lithium, which is making strides in its lithium refinery project in Teesside, poised to meet the UK’s automotive lithium demands by 2030. Despite market challenges, Alkemy has secured a vital supply agreement with Wogen for lithium carbonate and is focusing on obtaining funding to advance the refinery project. The company remains committed to exploring the battery minerals sector and capitalizing on the growing demand for local lithium hydroxide supply chains.
For further insights into GB:ALK stock, check out TipRanks’ Stock Analysis page.