UK and Finish export credit agencies have expressed their interest to support the Guben Lithium Converter project with up to EUR 150 million in credit guarantees. In addition to the proposed senior debt tranche from the European Investment Bank , Export Credit Agency support represents a vital component of the debt financing structure for large-scale infrastructure projects like the Guben Converter. Amidst market turmoil [...]
Mirco Wojnarowicz appointed CEO; Christopher Wright named CFO; Kerstin Wedemann continues as Chief Legal & Corporate Officer. Dirk Harbecke to focus on the Chairman position. Leadership transition follows successful internal succession planning and growth initiatives. Rock Tech Lithium Inc. is pleased to announce a change in its executive leadership team, effective immediately. This transition marks a significant step in [...]
Rock Tech Lithium Inc. is pleased to announce the appointment of Dr. Beate Degen to its Board of Directors, effective immediately. Dr. Degen is an accomplished advisor, entrepreneur, and non-executive director with extensive global expertise spanning strategy & innovation, sustainability, artificial intelligence, and risk management. She brings diverse experience across industries including commodities, life sciences [...]
Rock Tech Lithium has announced last week that its Guben Converter has been officially granted Strategic Project status under the European Union's CRMA. This prestigious designation underscores the project's essential role in securing Europe's supply of critical raw materials, reinforcing the EU's ambition to build a resilient and sustainable battery metals supply chain. The Guben Converter is one of only three Strategic [...]
Rock Tech Lithium Inc. is pleased to announce a second tranche closing of its previously announced non-brokered private placement of units . For this second tranche, the Company issued an additional 1,364,000 Units at a price of $1.00 per Unit for gross proceeds of $1,364,000. In aggregate, the Company has issued 4,000,000 Units at a price of $1.00 per Unit for total gross proceeds of $4,000,000 - inclusive of the first [...]
Rock Tech Lithium Inc. is pleased to announce that its Lithium Converter Project in Germany has been recognized as a Strategic Project under the EU Critical Raw Materials Act . This designation underscores the importance of Rock Tech's Guben Converter to the European battery materials supply chain and further accelerates the Company's mission to provide Europe with sustainable, locally produced lithium. The Guben [...]
Rock Tech Lithium Inc. is pleased to announce the closing of a non-brokered private placement of units . Pursuant to the Offering, the Company issued an aggregate of 2,636,000 Units at a price $1.00 per Unit for aggregate gross proceeds of $2,636,000. The Units were offered to and subscribed by existing shareholders and new investors, notably funds from Europe. Rock Tech intends to use the proceeds of the Offering to [...]
Rock Tech Lithium partners with GEA Group AG, a global leader in process technology, to supply crystallization and zero-liquid discharge systems for its Lithium Converter in Guben, Germany. Test works are successfully completed, paving the way for the procurement of crystallizers essential for battery-grade lithium hydroxide production. Technical and commercial terms are agreed, with the contract's formal signing pending [...]
The parties will establish a European joint-venture that controls Rock Tech's Guben Converter in Germany, as well as Arcore's Lopare project in Bosnia-Herzegovina. The business combination will cover the entire value chain from mine to battery-grade Lithium products. This fully integrated supply chain will ensure a reliable battery materials supply for Europe, create operational synergies, lower costs and substantially [...]
Rock Tech will sell by-products from its Guben Lithium production to Schwenk for use in cement manufacturing. This will generate additional annual profits, save up to EUR 8 million annually in operational costs, and increase the project's Net Present Value . These by-products will replace traditional cement additives, significantly reducing CO₂ emissions in cement production and enhancing supply chain resilience. Schwenk [...]
Rock Tech Lithium Inc. is proud to announce significant advancements at its Guben Converter site in Germany, bringing the project closer to completion of site preparation by Q1 2025. Two key goals have recently been achieved: Railway Connection Approved: The state railway supervisory authority , within the Ministry of Infrastructure and State Planning, has granted approval to expand the Guben Süd industrial zone train [...]
Pending final due diligence, Rock Tech Lithium Inc. has secured CAD 1.4 million in federal funding through the Government of Canada's Critical Minerals Infrastructure Fund . Rock Tech is one of four critical minerals projects in Northern Ontario selected for this funding. The funding will be used to upgrade and extend a 10-kilometre access road north of Nipigon, Ontario. This road will facilitate the transportation of [...]
