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Alkemy Capital Investments Plc ( (GB:ALK) ) just unveiled an announcement.
Alkemy Capital Investments Plc has announced significant progress on its Tees Valley Lithium refinery project, which is set for a final investment decision in early 2026. The project’s Front-End Engineering Design (FEED) study has reduced the capital expenditure to $245 million and increased plant uptime by 5% without additional operating costs. This positions TVL as the lowest-cost lithium hydroxide refinery in Europe, with its first production anticipated in early 2028. The refinery is expected to supply 2.5% of Europe’s battery-grade lithium needs, aligning with the rising demand for electric vehicles and energy storage systems. The development of further production trains offers potential for significant growth, reinforcing the UK’s role in the European battery materials supply chain.
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 wholly owned subsidiary, Tees Valley Lithium (TVL), Alkemy is establishing Europe’s first independent lithium hydroxide refinery. TVL is dedicated to providing battery-grade lithium chemicals to meet the growing demand of the electric vehicle supply chain in Europe and is strategically located in Teesside.
Average Trading Volume: 72,262
Technical Sentiment Signal: Buy
Current Market Cap: £17.59M
For detailed information about ALK stock, go to TipRanks’ Stock Analysis page.