Rock Tech Lithium ( (TSE:RCK) ) has shared an update.
Rock Tech Lithium has partnered with GEA Group AG to supply key equipment for its Lithium Converter in Guben, Germany, marking a significant step towards establishing an automated lithium production facility in Europe. This collaboration leverages GEA’s extensive expertise in lithium crystallization technology, ensuring high standards in battery-grade lithium hydroxide production, and is expected to enhance Rock Tech’s operational efficiency and market positioning.
More about Rock Tech Lithium
Rock Tech Lithium is focused on supplying the electric vehicle and battery industry with sustainable, locally produced lithium. The company aims to build lithium converters near its customers, starting with a proposed facility in Guben, Germany, and another planned in Red Rock, Ontario, Canada. Rock Tech plans to source raw materials from its Georgia Lake spodumene project in Ontario and other ESG-compliant mines, with a goal of creating a closed-loop lithium production system.
YTD Price Performance: -2.91%
Average Trading Volume: 46,540
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$106.2M
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