Initiation of Research Coverage by VSA Capital

RNS Number : 3868P
Alkemy Capital Investments PLC
20 June 2022
 

 

20 June 2022

 

Alkemy Capital Investments Plc

 

 

Initiation of Research Coverage by VSA Capital

 

Alkemy Capital Investments plc (" Alkemy ") , is pleased to announce that international investment banking and broking firm, VSA Capital (" VSA "), has initiated coverage on the Company. The research follows a recent site visit by VSA to the world-class Wilton International Chemicals Park and the Teesside Port facilities, where Alkemy, through its wholly-owned subsidiary Tees Valley Lithium Ltd (" TVL "), has secured a 9.6ha brownfields site to develop, construct and operate the world's leading independent and sustainable lithium hydroxide production facility.

The initiation note is available to view here www.alkemycapital.co.uk/investors/analyst-coverage

Further information

For further information, please visit the Company's website: www.alkemycapital.co.uk or www.teesvalleylithium.co.uk

-Ends-

Alkemy Capital Investments Plc

Sam Quinn

Tel: 0207 317 0636

info@alkemycapital.co.uk

 

VSA Capital Limited

Andrew Monk (Corporate Broking)

Andrew Raca (Corporate Finance)

Tel: 0203 005 5000

 

Shard Capital Partners LLP

Damon Heath

 

Isabella Pierre

 

Tel: 0207 186 9952

damon.heath@shardcapital.com

Tel: 0207 186 9927

isabella.pierre@shardcapital.com

 

 

NOTES TO EDITORS

Alkemy is seeking to develop, construct and operate the world's leading independent and sustainable lithium hydroxide production facility.

Alkemy, through its wholly-owned subsidiary Tees Valley Lithium, has secured a 9.6ha brownfields site at the Wilton International Chemicals Park located in Teesside, a major UK Freeport.

Alkemy has completed a Class 4 Feasibility Study for its proposed lithium hydroxide facility which will process feedstock imported from various sources to produce 96,000 tonnes of a premium, low-carbon lithium hydroxide annually, representing around 15% of Europe's projected demand.

 

 

Forward Looking Statements

This news release contains forward‐looking information. The statements are based on reasonable assumptions and expectations of management and Alkemy provides no assurance that actual events will meet management's expectations. In certain cases, forward‐looking information may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Although Alkemy believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those projected. Mining exploration and development is an inherently risky business. In addition, factors that could cause actual events to differ materially from the forward-looking information stated herein include any factors which affect decisions to pursue mineral exploration on the relevant property and the ultimate exercise of option rights, which may include changes in market conditions, changes in metal prices, general economic and political conditions, environmental risks, and community and non-governmental actions. Such factors will also affect whether Alkemy will ultimately receive the benefits anticipated pursuant to relevant agreements. This list is not exhaustive of the factors that may affect any of the forward‐looking statements. These and other factors should be considered carefully and readers should not place undue reliance on forward-looking information.

 

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