The company aiming to build the UK’s first lithium factory in the region to supply EV battery makers has attracted London brokers to the region, to show them key sites of the plan.
Alkemy Capital Investments plc is the investment vehicle behind Tees Valley Lithium (TVL) , the firm that aims to launch the £216m factory at Teesside Freeport, which could become the UK’s first lithium hydroxide plant.
The company – which published suggesting the factory could supply 15% of the demand for the UK and EU’s electric vehicle manufacturing needs – wants to get the plant operational by late 2023 and says an estimated 400 jobs could be created at the plant.
