Alkemy Capital Investments PLC Initiation of Research Coverage by VSA Capital (3868P)
20 June 2022 - 4:00PM
UK Regulatory
TIDMALK
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 Tel: 0207 317 0636
Sam Quinn info@alkemycapital.co.uk
VSA Capital Limited Tel: 0203 005 5000
Andrew Monk (Corporate Broking)
Andrew Raca (Corporate Finance)
Shard Capital Partners LLP
Damon Heath Tel: 0207 186 9952
damon.heath@shardcapital.com
Isabella Pierre 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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END
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