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TVL Advances On-Site Lithium Recovery
Alkemy Capital Investments plc, through its subsidiary Tees Valley Lithium (TVL), has announced significant advancements in its lithium refinery development. Agreements with Watercycle Technologies and Circulor UK Limited will integrate on-site lithium recovery, potentially unlocking up to $16 million annually by improving lithium yield, and establish a framework for up to 50,000 tonnes of recycled lithium feedstock from 2028. Furthermore, a partnership with Circulor will embed digital tracking for batch-level feedstock origin and recycled content, ensuring compliance with EU Battery Regulations and positioning TVL to meet its target of at least 20% recycled content from initial production. Disclaimer*
About this update from Alkemy Capital Investments Plc
[{"type":"text","content":"\n\n12 February 2026\n \nAlkemy Capital Investments Plc\n \nTVL Advances On-Site Lithium Recovery and Strengthens Domestic Recycled Supply\n \nAlkemy Capital Investments plc (\"Alkemy\") (LSE: ALK) (JV2:FRA), the 100% owner of Tees Valley Lithium (\"TVL\"), is delighted to announce further progress in the development of TVL's lithium refinery through agreements with Watercycle Technologies (\"Watercycle\"), a UK-based lithium recovery and processing company, and Circulor UK Limited (\"Circulor\"), a UK based global leader of enterprise Trust & Assurance and Digital Product Passport solutions for the EV and battery materials sectors.\n \nThe agreements advance the integration of on-site lithium recovery using deployed UK technology, with the potential to unlock up to c.US$16 million per annum of otherwise lost lithium value. They also establish a framework for up to 50,000 tonnes of additional recycled lithium feedstock and embed digital tracking capability at a batch level. Together these measures strengthen project economics, increase access to recycled feedstock and ensure future UK and EU Battery Regulatory compliance as TVL progresses toward construction. \n \nHIGHLIGHTS\n \n· MoU agreed with Watercycle to integrate on-site lithium recovery using their deployed UK modular technology, unlocking up to c.US$16 million per annum of additional value through improved lithium recovery\n \n· Recovery solution is intended to be developed under a Build, Own and Operate (BOO) model by Watercycle\n \n· Non-binding Heads of Terms agreed for the future supply of up to 50,000 tonnes of locally produced recycled lithium feedstock from 2028 for a over a Five-year period,\n \n· Recycled feedstock framework supports TVL achieving its target of a minimum of 20% recycled content in every tonne of LHM produced from first production \n \n· Partnership with Circulor enables digital tracking at batch-level of feedstock origin and recycled content, ensuring full compliance with the EU Battery Regulation requirements for batteries placed on the EU market\n \nOn-Site Lithium Recovery\nTVL and Watercycle have entered into a MoU to ...