Business
CMA highlights TVL's strategic importance
CMA highlights TVL's strategic importance.
About this update from Alkemy Capital Investments Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n 14 March 2023\n \n \n \n \n \n \n \n \n \n Alkemy Capital Investments Plc\n \n \n \n \n \n \n \n \n \n Tees Valley Lithium's lithium refinery identified by the Critical Minerals Association as a case study project required for the successful development of the UK's critical minerals midstream processing and refining sector\n \n \n \n \n \n \n \n \n \n \n \n Alkemy Capital Investments plc\n (\"Alkemy\")\n (ALK:LSE) (JV2:FRA) and its wholly-owned subsidiary Tees Valley Lithium Limited (\"\n \n TVL\n \n \") are pleased to report that\n TVL's lithium hydroxide refinery at Teesside features significantly in the Critical Minerals Asssociation's paper entitled \"\n Midstream Processing and Refining: Unlocking Security of Supply\".\n \n \n \n \n \n \n HIGHLIGHTS\n \n \n \n \n \n \n \n \n ·\n \n The Critical Minerals Association United Kingdom (\"CMA UK\") is a key interlocutor between the UK Government and the critical minerals industry and aims to support the development of critical minerals supply chains in the UK\n \n \n \n \n \n \n \n \n ·\n \n TVL's lithium refinery in Teesside has been identified by the CMA UK as a case study project that will form a key strategic component of the UK's critical minerals midstream processing and refining sector\n \n \n \n \n \n \n \n \n · \n \n CMA UK recommends that the UK government implement strategic solutions that include incentivising and accelerating investment into UK midstream and downstream processing, which would greatly benefit TVL\n \n \n \n \n \n \n CMA UK states that its mission is to support the development of socially and environmentally responsible critical mineral supply chains for the UK's strategic security of supply for the Energy Transition, Energy Security, and Green Economy.\n \n \n \n \n \n In a paper pulished yesterday entitled \"Midstream Processing and Refining: Unlocking Security of Supply\", TVL's Wilton refinery was highlighted by CMA UK as a project of strategic importance in the UK critical minerals midstream processing and refining sector. It noted that:\n \n \n \n \n \n \n \"TVL is establishing Europe's potentially first and largest lithium hydroxide facility based in the North East of England. The facility will eventually use a low-carbon electrochemical proc...