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An update from Rock Tech Lithium ( (TSE:RCK) ) is now available.
Rock Tech Lithium has appointed Dr. Beate Degen to its Board of Directors, bringing her extensive global expertise in strategy, innovation, and sustainability to the company. This move is expected to enhance Rock Tech’s strategic leadership as it continues its mission to supply sustainable lithium to the electric vehicle and battery industry. The company also announced the resignation of Klaus Schmitz, who played a crucial role in advancing Rock Tech’s vision of building a German lithium converter. This leadership change is seen as a strategic step in strengthening Rock Tech’s position in the clean mobility sector, potentially impacting its operations and stakeholder relationships positively.
More about Rock Tech Lithium
Rock Tech Lithium is a company focused on supplying the electric vehicle and battery industry with sustainable, locally produced lithium. They aim to achieve a 100% recycling rate and plan to build lithium converters near their customers, starting with a proposed Lithium Hydroxide Converter in Guben, Germany, and another in Ontario, Canada. The company sources raw materials from its Georgia Lake spodumene project in Ontario and other ESG-compliant mines, aiming to create a closed-loop lithium production system. Rock Tech is committed to strict environmental, social, and governance standards and is developing a proprietary refining process to enhance efficiency and sustainability.
YTD Price Performance: 12.62%
Average Trading Volume: 49,560
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$120.8M
For a thorough assessment of RCK stock, go to TipRanks’ Stock Analysis page.