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Birmingham Post

Business

Tom Keighley

Plans to bring UK's first lithium hydroxide plant to Teesside Freeport

United Kingdom Teesside Sembcorp

Plans to bring the UK's first lithium hydroxide plant to Teesside Freeport have taken a step forward.

Sembcorp Energy UK (SEUK) has signed an exclusivity agreement with Alkemy Capital Investments plc, whose wholly-owned subsidiary Tees Valley Lithium Ltd intends to build a processing plant at Wilton International.

The six-month exclusivity deal - worth £50,000 - means Tees Valley Lithium could establish a facility to process chemicals used in electric vehicles batteries, subject to a feasibility study and a formal lease for the 20-acre plot.

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