Rock Tech Lithium Inc. announces that, further to its press release issued on May 25, 2023, the TSX Venture Exchange pre-approved the option agreement, as amended on June 29, 2023, , following which the Company has been granted the option to acquire a 100% undivided interest in the unpatented mining claims associated with the property of in total 6,150 hectares in the Thunder Bay Mining District of Ontario . During the [...]
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 has started. Rock Tech Lithium Inc. is pleased to provide a project [...]
Rock Tech completed its step-out winter drill program as part of its lithium mineralization extension targets for Georgia Lake. 17 exploration holes for a total of 3,676 meters were drilled with supporting assay results for: 10 NQ diamond drill holes totaling 2,115 meters at Main Zone North deposit; 7 NQ diamond drill holes totaling 1,561 meters at McVittie deposit. Rock Tech has initiated an extensive summer field [...]
Rock Tech Lithium Inc. is pleased to announce the results from its Annual General and Special Meeting of Shareholders held earlier today . Detailed information regarding each of the matters voted upon at the Meeting is provided in the management information circular of the Company dated May 26, 2023 , available on the Company's SEDAR profile at www.sedar.com. A total of 13,285,859 Common Shares, representing approximately [...]
Rock Tech Enters into an Option Agreement for a 100% Acquisition of the "Boston Lake Claims" in the Thunder Bay Mining District, Ontario Claims will Expand Rock Tech's Footprint in the District, as well as Provide Additional Exploration Potential CIBC Capital Markets Mandated to Assist in Selection of a Strategic Partner to Jointly Advance the Georgia Lake Project Rock Tech Lithium Inc. is pleased to announce that it has [...]
Cohiba Minerals Ltd. is pleased to announce that it has executed a binding agreement to acquire Maple Minerals 2 Pty Ltd . Maple Minerals holds the rights to acquire four lithium and rare earth element properties in Ontario, Canada. Highlights: - Acquisition of four strategically located lithium projects with a combined 148km2 within known lithium terranes. - Properties occur in terranes which host major lithium resources [...]
Fraunhofer UMSICHT conducted a Life Cycle Assessment for battery-grade lithium hydroxide monohydrate 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 International Energy Agency special report showing a carbon [...]
Estimated post-tax NPV of EUR 1,194m . Estimated post-tax IRR of 22.3%. Estimated annual EBITDA of EUR 293m ; after-tax annual cash flow of EUR 188m . Estimated average battery-grade lithium hydroxide prices of 31,771 USD/t, and average. SC6 prices of 1,966 USD/t. Estimated initial capital costs of EUR 730m ; payback of 3.6 years after start of production. Preparation for construction has commenced, start of battery-grade [...]
Rock Tech broke ground for its European first-of-kind lithium conversion plant in Germany, enabling an entire battery value chain in the region. Mercedes-Benz as strategic partner to procure lithium hydroxide from Guben Converter for its state-of-the art battery production in Europe. The start of commissioning and ramp-up for the lithium converter is expected in 2025 and battery-grade lithium hydroxide production in early [...]
Rock Tech Lithium Inc. has accepted the resignation of Ms. Jutta Dönges effective 28 February 2023. Ms. Dönges has recently been appointed member of the Management Board and Chief Financial Officer of Uniper, a renowned international power generation and energy trading company. Ms. Dönges' resignation is a result of German regulatory restrictions on the number of board positions that can be held concurrently. Rock [...]
First partial license obtained for Rock Tech's lithium conversion plant in Guben, Germany; Groundbreaking is planned for 27 March 2023; Regional construction partner awarded first onsite works. GUBEN, GERMANY, March 8, 2023 /CNW/ - Rock Tech Lithium Inc. has obtained the first partial license in accordance with the Federal Immission Control Act for its lithium hydroxide conversion plant in Guben, Germany . The official [...]
Rock Tech Lithium Inc. is pleased to announce that the company has mobilized a diamond drill rig to start the first phase of the 2023 exploration drill campaign at its 100%-owned Georgia Lake Lithium project in the Thunder Bay Mining District of Ontario . "It is our aim for 2023 to unlock the exploration potential of our Georgia Lake Project by advancing our drilling and prospecting activities across the land package. We [...]
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