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Economics2h 55m ago
Tees Valley Lithium says its proposed £185m refinery at Billingham Chemical Complex will bring a £2.1bn boost to the UK economy over 25 years.
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Billingham, Teesside, North-east, UK
Who
Tees Valley Lithium (TVL) developer, Tees Valley Lithium CEO Vikki Jeckell, Stockton Council, Redcar and Cleveland Council, Alkemy Capital Investments Plc
What
Tees Valley Lithium says its proposed £185m refinery at Billingham Chemical Complex will bring a £2.1bn boost to the UK economy over 25 years.
When
Tue, 16 Jun 2026 12:16:15 GMT · 2h 55m ago
Where
Billingham, Teesside, North-east, UK ·
Why
The refinery aims to produce 25,000 tonnes of battery grade lithium hydroxide monohydrate (LHM) annually, reducing the UK and European battery supply chain’s dependence on China.
The Frontline Impact
How this affects you
This project is projected to generate significant economic benefits for the UK and Teesside, including nearly 1,700 jobs and a considerable reduction in dependence on foreign battery material supply chains, contributing to the country's net-zero transition. The facility will provide enough battery-grade chemicals to power over half a million electric vehicles a year.
Story chain
3 events in this thread- Economics2h 55m agoTees Valley Lithium says the £185m lithium refinery is 'a 25-year commitment' to the area bringing a £2.1bn boost to the UK economy.Open article
- Economics2h 55m agoTees Valley Lithium says a proposed new £185m refinery in Billingham will bring a £2.1bn boost to the UK economy and create 1,700 jobs over its 25-year lifespan.Open article
- Currently Reading2h 55m agoTees Valley Lithium says its proposed £185m refinery at Billingham Chemical Complex will bring a £2.1bn boost to the UK economy over 25 years.