Alkemy Capital Investments Plc · LSE:ALK
Alkemy Capital Investments — Investor Presentation (November 2023)
15 slides from Alkemy Capital Investments's investor presentation, November 2023
Slide 1: Establishing Tees Valley Lithium to Supply Europe's Burgeoning Battery Market
ESTABLISHING TEES VALLEY LITHIUM TO SUPPLY EUROPE’S BURGEONING BATTERY MARKET ALKEMY CAPITAL INVESTMENTS PLC (ALK.LSE) (JV2.FRA) November 2023
Slide 2: UK Refinery to Supply Battery Metal to the European Market
UK REFINERY TO SUPPLY BATTERY METAL TO THE EUROPEAN MARKET Building the UK’s first independent, battery metals refinery, processing high-value imported intermediate material into battery grade chemicals • 100% owned Tees Valley Lithium, located in Teesside Freeport • Wilton Chemical Park site secure
Slide 3: China Dominates Lithium Refining Controlling Over 80% of Supply Chain
CHINA DOMINATES LITHIUM REFINING CONTROLLING OVER 80% OF THE WORLD’S LITHIUM SUPPLY CHAIN Asia currently consumes 80% of global lithium production Forecast to rise to >100% by 2030 Whilst global demand is rising The bottleneck is refining capacity LSE:ALK 3
Slide 4: Currently No Large-Scale Refinery Capacity in Europe
CURRENTLY NO LARGE-SCALE REFINERY CAPACITY IN EUROPE To support the EV and battery storage OEMs Europe is planning 700 GW of Gigafactories by 2025.. ..which will need over 325,000 tonnes of Lithium Hydroxide and Carbonate per year. 4
Slide 5: A New Lithium Refinery for Europe
A NEW LITHIUM REFINERY FOR EUROPE Producing up to 96,000 tpa of battery grade Lithium across four trains • Utilising proven refining technology • First of four trains in production 18mths post financing UK uniquely positioned with • World class chemical park and expertise • Low-cost sustainable offs
Slide 6: Located at the Wilton International Plug & Play Chemicals Park
LOCATED AT THE WILTON INTERNATIONAL PLUG & PLAY CHEMICALS PARK TVL will be the first major ultra-low carbon Lithium refinery to be established in Europe Located in a world-class chemicals park, shovel-ready with full planning permission received on a plug & play basis. Low capital cost with major po
Slide 7: Multiple Feedstocks Producing Both Hydroxide and Carbonate for NMC and LFP
MULTIPLE FEEDSTOCKS PRODUCING BOTH HYDROXIDE AND CARBONATE FOR NMC AND LFP BATTERIES Primary Lithium Sulphate Lithium Hydroxide (NMC) Crude Carbonate (Brine) Lithium Carbonate (LFP) Crude Carbonate (Mica) Recycled Material (EU 2027) Utilising proven technology, TVL’s processing allows for flexibilit
Slide 8: Powered by Low-Cost Renewable Energy
Dogger Bank POWERED BY LOW-COST Wind Farm RENEWABLE ENERGY Hitachi is laying HVDC cable connecting the 2.45 GW Dogger Bank Offshore Wind Farm with a 360 MW battery storage facility at Teesside. Teesside UK Government offering low cost, zero carbon Synthetic PPA ahead of direct private wire connectio
Slide 9: Low Cost, Low Embedded Carbon Products
LOW COST, LOW EMBEDDED CARBON PRODUCTS TRANSPORT ELECTROCHEMICAL RENEWABLE ENERGY PROCESSING & SALEABLE BY- PRODUCTS Transporting Primary Electrochemical refining recycles Powered by 100% certified green Lithium Sulphate 180ktpa reagents creating circular energy at Wilton from the outset reduces Lit
Slide 10: Progressing Rapidly from Concept to Delivery
PROGRESSING RAPIDLY FROM CONCEPT TO DELIVERY TVL planned to commence production in 2026. 2022 2024 2026 SITE SECURED CLASS 4 TESTWORK & EIA APPROVAL FEEDSTOCK FEED STUDY CONSTRUCTION PRODUCTION RAMP UP AT WILTON STUDY CAM VERIFIED & FULL & COMPLETE & INTERNATIONAL COMPLETE PRODUCT PLANNING OFFTAKE C
Slide 11: Compelling Project Economics
COMPELLING PROJECT ECONOMICS Unit Train 1 TOTAL (4 Trains) Life of Project Years 30 30 LHM Sold Tonnes 24 kt pa 96 kt pa Gross Revenue USD 600M pa 2,400M pa Operating Costs Total USD/t 18,292 18,513 Capital Cost (incl 17.5% contingency) USD 290M 1.4bn Free Cashflow USD 120M pa 460M pa Post-Tax NPV U
Slide 12: Alkemy Management Team
ALKEMY MANAGEMENT TEAM TONY VEITCH CEO PORT HEDLAND LITHIUM TBA PAUL ATHERLEY SAM QUINN CONRAD MULHERIN VIKKI JECKELL CEO CHAIRMAN DIRECTOR CHIEF COMMERCIAL OFFICER SUPPLY CHAIN ADVISOR TEES VALLEY LITHIUM PROJECT DELIVERY LEADERSHIP TEAM FUAD SILLEM TBA ALEX DELLA BOSCA MOLLY ELDRIDGE EXECUTIVE BUS
Slide 13: Corporate Profile
CORPORATE PROFILE SHARE PRICE ALK.L 350 Market Cap £10M 300 52 week high-low £3.83 / £1.06 250 Shares Outstanding 8,164,851 200 150 Research Coverage 100 VSA October 2023 Target price : £15.30 50 0 23 23 23 23 23 23 23 23 23 2 2 3 /2 /2 /2 1/ 2/ 3/ 4/ 5/ 6/ 7/ 8/ 9/ 11 12 10 4/ 4/ 4/ 4/ 4/ 4/ 4/ 4/
Slide 14: Investment Summary
INVESTMENT SUMMARY • Unique opportunity to gain direct exposure to the biggest energy transition in history, represented by the demand for EVs and energy storage • TVL located in Teesside Freeport inside world-class, plug and play, Wilton Chemical park, linked to offshore wind, with proven technolog
Slide 15: Cautionary Statement
Cautionary Statement The information contained in these slides and this presentation is being supplied to you by Alkemy Capital This document has not been approved by a person authorised under the Financial Services and Investments plc and Tees Valley Lithium Limited (“the Company”) solely for your
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