

Our £185 million refinery combines some of the world's lowest projected capital and operating costs, giving Tier 1 customers a proven path to cut their dependency on China and gain competitively priced access to the European lithium market.
We refine with Veolia's commercially validated process technology, so no first-of-a-kind risk stands between us and first production. And because TVL is a merchant refinery, we are captive to no single mine, jurisdiction or customer: we buy high-value feedstock from a diversified domestic and international supply base, including recycled sources, and sell to any customer in Europe. We also offer refining on a tolling basis for customers requiring processing for their own material.
Production will scale from an initial 25,000 tonnes to over 100,000 tonnes per annum, making TVL one of Europe's largest lithium refineries, and giving Teesside and the UK a leading role in one of the biggest industrial transitions in history.

The UK Government has made an offer in principle of a capital grant of up to £18.3 million to Tees Valley Lithium under its £4 billion DRIVE35 programme. Delivered by the Department for Business, Innovation, Science and Trade in partnership with the Advanced Propulsion Centre UK, the support backs Phase 1 of our Billingham refinery: a £185 million development that will produce 25,000 tonnes a year of battery-grade lithium hydroxide, enough for more than 550,000 electric vehicles. The grant is subject to final approvals, and we are working with the department to complete the remaining due diligence ahead of a final agreement.

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