Rock Tech submits Final Permit Application for its first Lithium Hydroxide Converter
Guben, Germany, November 16, 2022 - With the submission of the next section of the application, Rock Tech Lithium (TSX-V: RCK; OTCQX: RCKTF; FWB: RJIB; WKN: A1XF0V) (the "Company" or "Rock Tech") takes another important step in the approval process for the construction of its first European lithium hydroxide converter in Guben/Brandenburg. The first partial application is currently being reviewed by the authority conducting the procedure, the State Office for the Environment in Potsdam. The procedure according to the Federal Immission Control Act (BImSchG) started in February this year.
Due to the advanced technical planning, the company decided to combine two applications into one. The comprehensive application now submitted includes the converter itself as well as the supply facilities and ancillary buildings.
On the progress of the approval process so far, Dirk Harbecke, Chief Executive Officer at Rock Tech Lithium, says: "We are very pleased about having been able to collaborate with the Brandenburg State Office for the Environment in the most constructive and focused manner up to now. The submission of the next part of the application is one of the last big steps for us on the way to the start construction of our converter in Guben."
Furthermore, Rock Tech Lithium has adapted the planned commissioning of the converter in Guben to Q2 2025. This reflects the current geopolitical developments and the continued disruption to international supply chains as a result of the COVID 19 pandemic.
ABOUT ROCK TECH
Rock Tech is a cleantech company on a mission to produce lithium hydroxide for EV batteries. The Company plans to build lithium converters at the door-step of its customers, to guarantee supply-chain transparency and just-in-time delivery. To close the most pressing gap in the clean mobility story, Rock Tech has gathered one of the strongest teams in the industry. The Company has adopted strict ESG standards and is developing a proprietary refining process aimed at further increasing efficiency and sustainability. Rock Tech plans to source raw material from its own mineral project in Canada as well as procuring it from other responsibly producing mines. In the years to come, the Company expects to also source raw material from discarded batteries. Rock Tech's goal: to create a closed-loop lithium production system.
FOR FURTHER INFORMATION
André Mandel, phone: +49 (0) 151 2825 4014; or email: [email protected],
Rock Tech Lithium Inc.; 777 Hornby Street, Suite 600, Vancouver, B.C., V6Z 1S
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