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Alkemy Capital Investments Plc ( (GB:ALK) ) has shared an update.
Alkemy Capital Investments said the Front-End Engineering Design (FEED) study for its Tees Valley Lithium refinery in Teesside is over 90% complete and on track to confirm the plant as one of Europe’s lowest capital and operating cost lithium refining facilities. The project has finalized process design with Veolia, targeting lithium recovery above 94%, a fully electrified configuration that removes natural gas use in favour of renewable power, and major gains in water recirculation and layout efficiency, while independent validation and strong engagement from more than 340 local and national suppliers bolster execution readiness and position the refinery as a key low-cost, low-carbon node in the UK and European battery materials supply chain amid a strengthening lithium market.
The most recent analyst rating on (GB:ALK) stock is a Hold with a £241.00 price target. To see the full list of analyst forecasts on Alkemy Capital Investments Plc stock, see the GB:ALK Stock Forecast page.
Spark’s Take on GB:ALK Stock
According to Spark, TipRanks’ AI Analyst, GB:ALK is a Neutral.
The score is held down primarily by very weak financials (minimal revenue, ongoing losses, negative cash flow, and negative equity) and a soft technical setup (below key moving averages with negative MACD). Positive corporate updates around funding and project progress provide some support, but do not offset the current financial fragility and dilution/financing risk.
To see Spark’s full report on GB:ALK stock, click here.
More about Alkemy Capital Investments Plc
Alkemy Capital Investments Plc is a developer of critical mineral infrastructure focused on supporting the global energy transition, primarily through its wholly owned subsidiary Tees Valley Lithium Limited. TVL is establishing what is intended to be Europe’s first independent lithium hydroxide refinery in Teesside, dedicated to supplying battery‑grade lithium chemicals to the European electric vehicle supply chain with an emphasis on sustainable, efficient operations.
Average Trading Volume: 49,328
Technical Sentiment Signal: Buy
Current Market Cap: £26.87M
For an in-depth examination of ALK stock, go to TipRanks’ Overview page.