Alkemy Capital Advances UK Lithium Refinery Project with Improved Economics

Alkemy Capital Investments Plc ( (GB:ALK) ) just unveiled an announcement.

Alkemy Capital Investments Plc announced significant progress in its Tees Valley Lithium project, with the Front-End Engineering Design (FEED) study showing improved project economics and a confirmed CAPEX of $250 million. The project has achieved a 4% increase in capacity to 25,000 tonnes per annum without additional capital expenditure, and has successfully produced battery-grade lithium hydroxide, aligning with global customer specifications. The company is advancing towards a Final Investment Decision by Q4 2025, with production expected to begin in 2027. This development positions Alkemy as a competitive player in the European lithium market, with strong interest from potential customers and strategic partnerships in place for feedstock supply and product offtake.

Spark’s Take on GB:ALK Stock

According to Spark, TipRanks’ AI Analyst, GB:ALK is a Underperform.

Alkemy Capital Investments Plc is facing significant financial instability, with negative equity and ongoing losses being primary concerns. However, recent strategic initiatives and partnerships in lithium refining may offer long-term growth potential. The stock exhibits weak technical momentum, and the valuation indicates profitability issues.

To see Spark’s full report on GB:ALK stock, click here.

More about Alkemy Capital Investments Plc

Alkemy Capital Investments Plc operates in the lithium industry, focusing on lithium hydroxide production through its subsidiary, Tees Valley Lithium Limited. The company is developing a major lithium hydroxide refinery project in the UK, aiming to meet the growing demand for battery-grade lithium products in the European market.

Average Trading Volume: 43,583

Technical Sentiment Signal: Buy

Current Market Cap: £12.39M

For detailed information about ALK stock, go to TipRanks’ Stock Analysis page.