Tag: Rock Tech Lithium

  • Rock Tech Lithium Secures German Government Funding to Boost Lithium Recovery Efficiency

    Rock Tech Lithium Secures German Government Funding to Boost Lithium Recovery Efficiency

    Rock Tech Lithium Inc. (TSXV: RCK) has received funding from Germany’s Federal Ministry for Research, Technology and Space (Bundesministerium für Forschung, Technologie und Raumfahrt) to advance its “ELiSePro – Efficient Lithium Recovery Using Selective Processes” project. The initiative aims to enhance lithium yield at the company’s Guben converter facility, strengthening Germany’s raw material independence and supporting the European battery supply chain.

    Developed in partnership with RWTH Aachen University, the €250,000 project will test advanced ion separation technologies — including nanofiltration, capacitive deionization, and lithium-ion sieves — to reduce lithium losses in processing. Results will be assessed using both economic and technological metrics, with direct application to industrial operations at Guben. Findings are expected to be published in scientific journals and considered for patent protection.

    “This funding supports the technological advancement of the German and European battery industry,” said Rock Tech CEO Mirco Wojnarowicz. “Even though it’s a relatively small amount, it’s an important step toward building additional know-how, securing critical raw materials, and creating sustainable value chains in Europe.”

    The award marks the third public funding program Rock Tech has secured in recent months, adding to €800,000 from EIT RawMaterials under the KAVA program and C$388,000 from Ontario’s Critical Minerals Innovation Fund for lithium ore sorting technologies. Rock Tech’s German converter project has been designated a strategic initiative under the EU Critical Raw Materials Act (CRMA).

  • Rock Tech Lithium Clarifies Lopare Resource Estimate as “Historical” Under Canadian Rules

    Rock Tech Lithium Clarifies Lopare Resource Estimate as “Historical” Under Canadian Rules

    Rock Tech Lithium Inc. (TSXV:RCK), currently trading at $23.35, has issued a formal clarification regarding the mineral resource estimate for Arcore AG’s Lopare Lithium Project in Bosnia-Herzegovina, stating that it should be treated as a “historical estimate” under Canadian securities regulations.

    The company’s move follows a review by the Ontario Securities Commission concerning Rock Tech’s February 20 disclosure. The resource estimate, originally prepared by CSA Global Pty Ltd. using Australasian JORC Code standards and dated November 30, 2022, is not compliant with Canadian NI 43-101 standards and is not available on SEDAR+. A qualified person has not yet conducted sufficient verification to consider it a current resource, and Rock Tech confirmed it is not treating the estimate as current. Further field exploration and diamond drilling will be needed for proper classification.

    This clarification comes amid Rock Tech’s proposed business combination with Arcore AG, which would combine the Lopare lithium project with Rock Tech’s Guben lithium converter in Germany, aiming to form an integrated European lithium company. The deal, announced in February, is expected to close in Q3 2025, pending due diligence, regulatory approval, and a €50 million financing arrangement.

    Financially, Rock Tech shows strong fundamentals, including a current ratio of 2.64 and annual revenue of $454.94 million, according to InvestingPro. The company appears undervalued based on InvestingPro’s Fair Value model, though its beta of 2.34 suggests elevated market volatility.

  • Rock Tech Lithium Receives Full Permits for Guben Refinery

    Rock Tech Lithium Receives Full Permits for Guben Refinery

    Rock Tech Lithium Inc. has announced the receipt of full permits for its planned lithium refinery in Guben, Germany. The Brandenburg State Office for the Environment granted final approval after an extensive review under the federal immission control act. This refinery is set to produce 24,000 tons of battery-grade lithium hydroxide annually.

    Dirk Harbecke, Rock Tech’s Chairman and CEO, highlighted the significance of this achievement, noting that it marks the first full-scale lithium refinery in Europe to be permitted without any appeals. He credited the team’s efforts and the support from Brandenburg authorities for this milestone.

    Rock Tech is a cleantech company operating in Canada and Germany, focusing on producing lithium hydroxide for electric vehicle batteries. The company plans to build lithium converters near its customers to ensure supply-chain transparency and just-in-time delivery. The Guben facility is the first, with a second converter planned for Red Rock, Ontario, Canada. Rock Tech sources raw material from its Georgia Lake spodumene project in Ontario and other responsible mines, aiming to include discarded batteries in the future. The company is committed to strict environmental, social, and governance standards and is developing a proprietary refining process for greater efficiency and sustainability.