feedstock per annum for an initial period of five years. The supply will be sufficient to fill the first of the proposed

four trains at Wilton producing around 24,000 tonnes of battery grade lithium hydroxide or lithium carbonate

equivalent.

Wogen is a leading international trader of off-exchange specialty metals and minerals, with a long history and

well-established presence in the battery metals market across Asia, the United States and Europe. Wogen has

an active trading book in lithium products procuring from an array of producing countries and selling into the

battery supply chain.

In late 2023 Alkemy and TVL appointed to their respective Board of Directors battery metals supply chain expert

In January 2024, Alkemy announced the launch of TVG and that TVG had entered into a non-binding

memorandum of understanding (MOU) with Syrah Resources (SYR:ASX) (“Syrah”) for the establishment of a

joint venture to develop a commercial-scale natural graphite active anode material (“AAM”) processing facility

(“Wilton AAM facility”) located at the Wilton International Chemicals Park in Teesside, UK.

Syrah and TVG are currently negotiating a binding joint venture agreement and will each initially have a 50%

interest in the joint venture. The Wilton AAM facility is proposed to be supplied with natural graphite from Syrah’s

reputation and performance of the Group.

The Group aims to establish a diverse and dynamic workforce with team players who have the experience and

knowledge of the business operations and markets in which we operate. Through maintaining good

communications, members of staff are encouraged to realise the objectives of the Group and their own potential.

Corporate environmental responsibility

This will become more relevant once the Company enters into the Lease and completes its transition to an

operating company. The Board contains personnel with a good history of running businesses that have been

secure all the necessary finance required to develop and complete the Project.

The failure to secure additional financing or to secure such additional financing on terms acceptable to the

Group could have a material adverse effect on the continued development or growth of the acquired business,

prospects, and the financial condition and results and operations of the Group and could, ultimately lead to the

insolvency of the Company or Group.

The price of lithium hydroxide is affected by factors beyond the Group’s control

If the Group proceeds with the Project, and the market price of lithium hydroxide decreases significantly for an