Alkemy Capital Investments’ wholly owned subsidiary Tees Valley Lithium (TVL) has secured complete planning permission to construct lithium hydroxide refinery at Teesside, UK, to supply the electric vehicle battery industry.
This plant will be Europe’s largest lithium hydroxide refinery.
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After detailed studies, which included an Environmental Impact Assessment (EIA), TVL got the planning approval from Redcar and Cleveland Borough Council to build the UK’s first lithium hydroxide refinery at the Wilton International Chemicals Park in the Teesside Freeport.
The refinery will be able to produce both lithium hydroxide and lithium carbonate sourced from imported high grade feedstock from South America and elsewhere.
Developing a lithium processing facility will cut down the reliance on China, which currently controls 90% of the lithium refining capacity in the world.
The refinery is expected to produce sufficient lithium hydroxide to supply 100% of the forecasted automotive demand in the UK by the end of this decade, with an additional 35% of its total production available for export to Europe and elsewhere.
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By GlobalDataCurrently, TVL is in advanced negotiations with several offtake customers, including European gigafactories and electric vehicle OEMs.
TVL has appointed specialist process engineering and project delivery company Wave International, as the lead engineering and technology partner.
Wave has undertaken a Class 4 Feasibility Study for TVL for the multi-train lithium hydroxide refinery at the Wilton International Chemicals Park in the Teesside Freeport.
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Image: The plant will be Europe’s largest lithium hydroxide refinery. Credit: Marcin from Pixabay.
