top of page

Weardale Lithium & Tees Valley Lithium secure £613,000 funding package

A County Durham company hoping to extract lithium from beneath the region’s countryside to use in electric car batteries has secured a six-figure funding deal.

Natural resources company Weardale Lithium Limited has secured a £613,000 joint funding package with Tees Valley Lithium Ltd to drive forward its plans. The two companies last year signed a Memorandum of Understanding to explore the potential to produce and refine lithium in the North East.

Comments


Other Business News

Business Durham

Catch up with the latest regional business news

Add Your News

At Business Durham, we believe that sharing positive news stories about successful businesses in County Durham is important for fostering a supportive and thriving business community. We want to encourage business owners to send us their success stories so that we can share them on our website and celebrate their achievements. We are committed to promoting the county as a great place to do business and providing a platform for businesses to showcase their successes.

Contact us today to share your story!

bottom of page