5 November 2025

Alkemy Capital Investments Plc

ABG Sundal Collier Engaged to Lead Tees Valley Lithium's US$245 Bond and Equity Financing

Alkemy Capital Investments plc ("Alkemy") (LSE: ALK) (JV2:FRA), is pleased to announce the appointment of ABG Sundal Collier ASA ("ABGSC") to lead Tees Valley Lithium's project level financing.

HIGHLIGHTS

·    ABGSC engaged as TVL's exclusive manager, bookrunner and financial advisor for TVL's proposed US$245 million Bond and Equity Financing.

·    The proposed financing will fund the construction of Train 1 of TVL's lithium hydroxide refinery in Teesside.  

Chairman Paul Atherley commented:

"This partnership with ABGSC marks a significant milestone for Tees Valley Lithium, as we move towards delivering Europe's largest independent lithium hydroxide refinery. Securing this funding will allow us to complete Train 1 of this strategically important project, delivering 25,000 tonnes per annum of lithium hydroxide. The future looks extremely bright for TVL as we work to meet the growing demand for battery-grade lithium in Europe."

TVL is delighted to announce the appointment of leading European financial institution ABG Sundal Collier to arrange the funding for the construction of Train 1 for its proposed lithium refinery in Teesside.

It is anticipated that the proposed US$245 million funding will be secured at the TVL level after having reached a final investment decision in early 2026 and will be composed of a blend of bonds, government grants and institutional equity.

ABGSC has an outstanding track record in the natural resources sector, raising over US$11 billion in bond markets since 2018, further strengthening TVL's pathway towards becoming a key player in the UK and Europe's green energy transition.

Further information

For further information, please visit Alkemy's website: www.alkemycapital.co.uk or TVL's website www.teesvalleylithium.co.uk.

-Ends-

ABOUT US

Alkemy Capital Investments plc: Alkemy is focused on the development of critical mineral infrastructure to support the global energy transition. Through its wholly owned subsidiary, TVL, Alkemy is leading the way in establishing Europe's first independent lithium hydroxide refinery.

Tees Valley Lithium Limited: TVL is dedicated to providing battery-grade lithium chemicals to meet the growing demand of the electric vehicle supply chain in Europe. Strategically located at in Teesside, TVL is committed to sustainable, efficient, and world-class operations.