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Alkemy Capital Investments Plc ( (GB:ALK) ) has provided an announcement.
Tees Valley Lithium, owned by Alkemy Capital Investments, has completed the Front-End Engineering Design for its planned Teesside lithium hydroxide refinery, confirming a 25,000 tpa battery-grade output, low capital intensity of US$243.6 million capex, and an annual EBITDA of US$65.9 million. The study underpins a robust economic and technical case, showing operating costs of US$33.2 million per year, competitive positioning at the lower end of global capital and operating cost curves, and readiness to advance to a Final Investment Decision supported by site ownership, modular design, established infrastructure connections, and a binding offtake agreement for up to 40% of initial capacity with a Glencore subsidiary, reinforcing the project’s strategic role in addressing Europe’s lithium conversion capacity shortage and enhancing supply-chain resilience.
The most recent analyst rating on (GB:ALK) stock is a Hold with a £414.00 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 financial performance (minimal revenue, ongoing losses, negative cash flow, and negative equity with rising debt). This is partially offset by strong technical momentum with the price well above key moving averages and positive MACD, but valuation support is limited due to negative earnings and no dividend data.
To see Spark’s full report on GB:ALK stock, click here.
More about Alkemy Capital Investments Plc
Alkemy Capital Investments Plc, through its wholly owned subsidiary Tees Valley Lithium Limited, is developing a lithium hydroxide refinery in Teesside, UK, aimed at supplying battery-grade lithium chemicals to the fast-growing European electric vehicle and battery manufacturing sector. The project is positioned as a merchant refinery using proven Veolia technology, targeting feedstock flexibility, secure low-carbon supply for gigafactories across the UK and mainland Europe, and capital-efficient expansion to capture a share of Europe’s rapidly rising lithium chemical demand.
Average Trading Volume: 56,229
Technical Sentiment Signal: Buy
Current Market Cap: £43.72M
For an in-depth examination of ALK stock, go to TipRanks’ Overview page.