Alkemy, the owner of Tees Valley Lithium (TVL), has announced the results of its Front-End Engineering Design (FEED) programme for its planned lithium hydroxide refinery in Teesside, UK. The project has strong forecast economics, requiring CAPEX of c. USD245m to generate annual EBITDA of c. USD66m; key metrics are in line with Zeus’ expectations. TVL’s projected capital intensity positions it at the lower end of the global cost curve and materially below that of comparable European lithium refin ....
