Alkemy, the owner of Tees Valley Lithium (TVL), has signed a five-year binding offtake agreement with a wholly owned subsidiary of Glencore (GLEN LN), for the supply of battery-grade lithium hydroxide from TVL’s lithium refinery in Teesside, UK. Aggregate volumes over the contract term will be between 25k tonnes and 50k tonnes; commercial terms are not disclosed, but the agreement represents material potential revenues for TVL and Alkemy. Deliveries are aligned with the planned start of producti ....
