Alkemy Capital Investments PLC - London-based company focused on acquisitions in the mining and technology metals sectors - Announces the completion of a feasibility study for Australia’s first lithium sulphate processing facility. Says the facility is located at the Boodarie strategic industrial area outside of Port Hedland. Says the study was carried out by Wave International.

Alkemy and Port Hedland Lithium Director Sam Quinn says: ‘We are moving quickly to establish a major independent and sustainable lithium sulphate producer at the Boodarie SIA in Port Hedland and are pleased with the validation that this independent feasibility study brings to our project.

‘We continue to make excellent progress in advancing both of our lithium refineries, including advancing discussions with several key globally significant potential feedstock suppliers and customers, and look forward to updating the market in due course as these discussions conclude.’

Current stock price: 138.00, down 11% on Wednesday

12-month change: up 45%

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