Germany has recently released a new program allowing Rock Tech to apply for up to € 200 million governmental funding. The program is a key step toward levelling the playing field between European and overseas markets. Rock Tech Lithium Inc. is pleased to announce that it is applying for additional public funding from the German government. The [...]
Rock Tech Lithium Inc. is pleased to announce that it has appointed Konstantin Burger as Head of Investor Relations of the Company. Mr. Burger has held various positions within Rock Tech and has been working very closely with the Company's Board and Management. He also served as Managing Director of Rock Tech's German subsidiary. He holds an MBA [...]
German energy corporation LEAG and Rock Tech signed Letter of Intent LEAG could deliver Rock Tech's Guben Converter with carbon-neutral power and heat Converter could get hydrogen from LEAG's "Gigawatt Factory" with developing an electrolyser extended collaboration in attracting qualified talented and waste management options GUBEN, Germany, Aug [...]
Rock Tech Lithium Inc. announces that, further to its press release issued on May 25, 2023, the TSX Venture Exchange pre-approved the option agreement, as amended on June 29, 2023, , following which the Company has been granted the option to acquire a 100% undivided interest in the unpatented mining claims associated with the property of in total [...]
Basic Engineering for the Guben Converter has reached completion, EPCM selection in final phase, final permit to construct and operate expected in Q4 2023. Assay results from winter drilling at Georgia Lake successfully completed, summer exploration and mapping program ongoing. Planning for second converter to be located in the US or Ontario [...]
Rock Tech completed its step-out winter drill program as part of its lithium mineralization extension targets for Georgia Lake. 17 exploration holes for a total of 3,676 meters were drilled with supporting assay results for: 10 NQ diamond drill holes totaling 2,115 meters at Main Zone North deposit; 7 NQ diamond drill holes totaling 1,561 meters at [...]
Rock Tech Lithium Inc. is pleased to announce the results from its Annual General and Special Meeting of Shareholders held earlier today . Detailed information regarding each of the matters voted upon at the Meeting is provided in the management information circular of the Company dated May 26, 2023 , available on the Company's SEDAR profile at [...]
Rock Tech Enters into an Option Agreement for a 100% Acquisition of the "Boston Lake Claims" in the Thunder Bay Mining District, Ontario Claims will Expand Rock Tech's Footprint in the District, as well as Provide Additional Exploration Potential CIBC Capital Markets Mandated to Assist in Selection of a Strategic Partner to Jointly Advance the [...]
Cohiba Minerals Ltd. is pleased to announce that it has executed a binding agreement to acquire Maple Minerals 2 Pty Ltd . Maple Minerals holds the rights to acquire four lithium and rare earth element properties in Ontario, Canada. Highlights: - Acquisition of four strategically located lithium projects with a combined 148km2 within known lithium [...]
Fraunhofer UMSICHT conducted a Life Cycle Assessment for battery-grade lithium hydroxide monohydrate from the Guben Converter. The carbon footprint is calculated to be 10.5 kgCO2-eq./kg LHM. The footprint could be reduced to 5.4 kgCO2-eq./kg LHM through careful commercial selection of materials and energy suppliers. Rock Tech compared the results [...]
Estimated post-tax NPV of EUR 1,194m . Estimated post-tax IRR of 22.3%. Estimated annual EBITDA of EUR 293m ; after-tax annual cash flow of EUR 188m . Estimated average battery-grade lithium hydroxide prices of 31,771 USD/t, and average. SC6 prices of 1,966 USD/t. Estimated initial capital costs of EUR 730m ; payback of 3.6 years after start of [...]
Rock Tech broke ground for its European first-of-kind lithium conversion plant in Germany, enabling an entire battery value chain in the region. Mercedes-Benz as strategic partner to procure lithium hydroxide from Guben Converter for its state-of-the art battery production in Europe. The start of commissioning and ramp-up for the lithium converter [...]