Tees Valley Lithium has secured an Offer in Principle for £18.3 million in government funding to support the development of a lithium refinery in Teesside, which is expected to significantly contribute to the UK's domestic supply chain for critical minerals.

UK · 2026-09-17

1. Step 1 · The triggerthe UK government issues an Offer in Principle for £18.3m funding to Tees Valley Lithium’s Teesside refinery project, reducing project finance risk
2. Step 2 · Knock-onpublic co-funding signals project viability, unlocking private capital and enabling construction of the lithium refinery
3. Step 3 · Knock-ondomestic production of battery-grade lithium hydroxide increases, strengthening the UK’s critical minerals supply chain and reducing import reliance
4. Step 4 · Reaches youUK SMEs in battery, EV, and advanced manufacturing sectors gain improved supply security and potential for local sourcing, reducing exposure to global price and logistics shocks

The trigger is reported by the source below. The steps that follow are Branch²’s traced reasoning — how the shock could reach a business like yours, not a prediction.

Source: FCA NSM (Regulated News)

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