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Alkemy Capital Secures Over £1 Million to Advance Tees Valley Lithium Project

Story Highlights
  • Alkemy Capital Investments Plc has secured over £1 million to advance its FEED study for the Tees Valley Lithium project.
  • The financial boost supports Alkemy’s goal to make the Tees Valley Lithium project internationally competitive with reduced costs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alkemy Capital Secures Over £1 Million to Advance Tees Valley Lithium Project

TipRanks Cyber Monday Sale

An announcement from Alkemy Capital Investments Plc ( (GB:ALK) ) is now available.

Alkemy Capital Investments Plc announced the exercise of warrants and a loan conversion, resulting in over £1 million in working capital to advance its Front-End Engineering Design (FEED) study for the Tees Valley Lithium project. This financial boost supports Alkemy’s strategic goal to make the Tees Valley Lithium project highly competitive internationally by reducing capital and operating costs. The company plans to secure asset-level finance and commence construction in early 2026, with strong market interest anticipated due to the project’s attractive financial metrics. The expansion of Alkemy’s share capital to 10,572,020 Ordinary Shares reflects the company’s growth and investor confidence.

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 is focused on developing critical mineral infrastructure to support the global energy transition. Through its subsidiary, Tees Valley Lithium Limited (TVL), Alkemy is establishing Europe’s first independent lithium hydroxide refinery. TVL aims to supply battery-grade lithium chemicals to the European electric vehicle supply chain, strategically located in Teesside, UK, to create a low-carbon, independent lithium supply chain for European battery manufacturers.

Average Trading Volume: 60,028

Technical Sentiment Signal: Buy

Current Market Cap: £36.88M

Find detailed analytics on ALK stock on TipRanks’ Stock Analysis page.

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