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Alkemy Capital Investments Plc ( (GB:ALK) ) has issued an announcement.
Alkemy Capital Investments plc has announced a collaboration with Veolia Water Technologies to support the development of TVL’s lithium hydroxide refinery in Teesside, UK. This partnership will leverage Veolia’s expertise in lithium processing and integrate AI and digital twin technologies to enhance efficiency and set new benchmarks in lithium refining for the UK and Europe. The collaboration is set to strengthen Alkemy’s position in the European lithium market and bolster the EV sector’s supply chain by providing a reliable and cost-effective lithium supply.
More about Alkemy Capital Investments Plc
Alkemy Capital Investments plc focuses on the development of critical mineral infrastructure to facilitate the global energy transition. Through its subsidiary, Tees Valley Lithium (TVL), Alkemy is spearheading the establishment of Europe’s first independent lithium hydroxide refinery, which aims to supply battery-grade lithium chemicals for the electric vehicle supply chain in Europe. TVL operates out of Teesside, UK, and is dedicated to sustainable and efficient operations.
YTD Price Performance: 9.80%
Average Trading Volume: 43,463
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.68M
For a thorough assessment of ALK stock, go to TipRanks’ Stock Analysis page.
