Marechale Capital’s Weardale Lithium Project Secures Planning Approval

Marechale Capital ( (GB:MAC) ) has shared an update.

Marechale Capital has announced that the planning permission for its investee company, Weardale Lithium Limited, has been approved by Durham City Council. The project, set to be one of the most advanced lithium extraction plants in Europe, will develop on a former cement works site at Eastgate. This development is part of a broader regeneration plan and aims to support the UK’s energy transition and Net Zero 2035 targets by potentially scaling up lithium extraction and creating a hub for green technologies.

More about Marechale Capital

Marechale Capital is an established corporate finance house based in London, known for its expertise in advising and financing high growth sectors such as consumer brands, leisure, clean energy, and technology. The company co-invests in client companies, leveraging its balance sheet along with warrants and founder equity to enhance shareholder value.

YTD Price Performance: 113.79%

Average Trading Volume: 1,562,524

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £3.55M

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