#Germany #Guben #Lithium #Rock Tech

Rock Tech Lithium Secures New Research Funding from Germany

Rock Tech Lithium Inc., trading under the ticker symbols TSXV: RCK, OTCQX: RCKTF, and FWB: RJIB, is excited to announce a new milestone in its business development with the recent awarding of funding from the German Federal Ministry for Research, Technology and Space. This initiative is designed to support the "ELiSePro – Efficient Lithium Recovery Using Selective Processes" project, which is set to enhance lithium yield at the company's converter site in Guben, Germany. The funding amounts to approximately 250,000 Euros and aligns with Rock Tech's commitment to advancing sustainable battery supply chains in Europe.

The collaboration will take place in conjunction with RWTH Aachen University, a leading institution known for its expertise in engineering and applied sciences. This partnership illustrates the strong synergy between industry and academia in Germany, aiming to make significant strides in lithium processing technology.

The ELiSePro project will systematically evaluate various innovative ion separation techniques such as nanofiltration, capacitive deionization, and lithium-ion sieves. By comparing these advanced methodologies, Rock Tech intends to minimize lithium loss in its recovery process, thereby maximizing efficiency. The project's outcomes will not only be measured through economic and technical lenses but will also serve practical applications in industrial settings, facilitating rock Tech’s Guben converter. Findings from this initiative are anticipated to enrich scientific literature, with plans for patent applications based on novel insights garnered.

Mirco Wojnarowicz, CEO of Rock Tech, stated, "The funding will greatly assist in enhancing the technological foundations of the German and European battery industries. Although it may appear modest, every investment represents a critical step in cultivating expertise necessary for fortifying the supply chains of crucial raw materials while nurturing sustainable value chains across Europe."

This recent financial backing follows other significant grants, including 800,000 Euros from EIT RawMaterials and 388,000 CAD from Ontario's Critical Minerals Innovation Fund (CMIF), all aimed at solidifying Rock Tech’s position as a frontrunner in lithium processing. The ongoing support underscores the strategic importance of Rock Tech's initiatives in both Canada and Germany, the latter being recognized as a strategic undertaking under the European Union’s Critical Raw Materials Act (CRMA).

Rock Tech aims to fabricate lithium converters that are conveniently located to serve its clients, thereby supporting local supply chains. The first converter will be developed in Guben, Brandenburg, Germany, followed by a second facility in Ontario, Canada. Raw materials will be sourced from Rock Tech’s own Georgia Lake spodumene project and other environmentally compliant mines. Rock Tech’s overarching vision is to create a closed-loop lithium production ecosystem, which includes a firm commitment to achieving a 100% recycling rate in its operations.

Rock Tech is assembling a talented team focused on bridging pressing gaps in the clean mobility sector, firmly adopting stringent environmental, social, and governance (ESG) standards. The organization also aims to innovate on refining processes to promote not only efficiency but sustainability within the lithium production landscape.

For further information about Rock Tech and its cutting-edge projects, you can visit their office located at 2700-40 Temperance Street, Toronto, ON M5H 0B4, Canada, or view their press releases and updates online.

Conclusion

The financial assistance from the German government is more than just funding; it’s a vote of confidence in Rock Tech’s future and its role in shaping a sustainable lithium supply chain that will support the growing demand for electric vehicles and renewable energy technologies. As the company pushes forward with innovative partnerships and projects, the eyes of the battery industry remain keenly focused on Rock Tech, anticipating its next steps in leading the charge for a cleaner, more sustainable future.