UK, February 25, 2022 – Sembcorp Energy UK (SEUK) today announces an exclusivity agreement with Alkemy Capital Investments plc (“Alkemy”), whose wholly-owned subsidiary Tees Valley Lithium Ltd (“Tees Valley Lithium”) intends to bring their electric vehicle grade Lithium Hydroxide Chemical Processing Plant to Wilton International, within the Teesside freeport zone.
Alkemy has signed a six-month exclusivity agreement with SEUK, in respect of land on which, subject to the completion of a feasibility study and entry into a formal lease, Tees Valley Lithium intends to construct the UK’s first lithium hydroxide plant on Teesside.