Rock Tech Lithium Applies for Additional Subsidies for its Guben Converter
2023-10-15 22:06:20 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. TORONTO, Oct. 16, 2023 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) […]
Rock Tech Lithium Project Update – Georgia Lake and Guben on Track, Converter II Enters Planning Stages
2023-07-04 05:28:02 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, Canada […]
Rock Tech’s Guben Converter Lithium Production Carbon Footprint is 30 Percent Lower than the International Energy Agency’s Reported Average
2023-05-23 22:36:18 Fraunhofer UMSICHT conducted a Life Cycle Assessment (LCA) for battery-grade lithium hydroxide monohydrate (LHM) 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 against an […]
Rock Tech Lithium Completes Final Engineering Study Before Construction of its Guben Lithium Converter and Mandates Deutsche Bank as Placement Agent
2023-05-14 22:04:47 Estimated post-tax NPV (8% discount rate) of EUR 1,194m (USD1 1,246m). Estimated post-tax IRR of 22.3%. Estimated annual EBITDA of EUR 293m (USD 305m); after-tax annual cash flow of EUR 188m (USD 199m). Estimated average battery-grade lithium hydroxide (LHM) prices of 31,771 USD/t, and average. SC6 prices of 1,966 USD/t. Estimated initial capital costs […]
Early Start Permission Received for Rock Tech’s first Lithium Converter in Germany
2023-01-11 23:06:57 GUBEN, GERMANY, Jan. 12, 2023 /CNW/ – Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the “Company” or “Rock Tech”) has received permission for an early start to the construction of its lithium converter in Guben, Germany (the “Guben Converter”). The first significant work onsite for this strategic critical […]
First ERC-20 Converter Goes Live On Cardano Testnet
2021-12-09 16:00:25 Cardano has marked the launch of its first-ever ERC-20 converter. The project which had been in the works had finally reached its launch milestone with help from IOG, the developer behind Cardano. With the converter, the network will be able to support the migration of ERC-20 tokens from Ethereum to the Cardano blockchain. […]
Rock Tech Lithium: Drive for e-batteries- Europe’s first lithium hydroxide converter to be built in Brandenburg, Germany
2021-10-10 19:31:31 Planned investment sum 470 million euros, expected production start in 2024 Central component of the European battery value chain secures the lithium requirements of around 500,000 electric vehicles per year Brandenburg’s Economics Minister Steinbach: “With Rock Tech Lithium, we are strengthening our position as the future center of European e-mobility.” […]