Alkemy, the owner of Tees Valley Lithium (TVL), has announced significant progress on its lithium refinery project, which Management guide is now on track for Final Investment Decision (FID) in Q1 2026. The Front-End Engineering Design (FEED) study has now, we are guided, reduced projected CAPEX to $245m, increased plant uptime by 5% without raising operating costs, and confirmed a project Net Present Value (NPV) of $475m (c. £350m) for the first of four proposed product trains. According to man ....
