Rock Tech’s Lithium Converter Project in Germany: A Strategic Advancement in Europe’s Battery Materials Supply Chain
Toronto, Canada – March 26, 2025 – Rock Tech Lithium Inc. (TSX-V: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the “Company” or “Rock Tech”) is thrilled to share that its Lithium Converter Project in Germany, specifically in Guben (“Guben Converter”), has been identified as a Strategic Project under the EU Critical Raw Materials Act (“CRM Act”). This recognition signifies the pivotal role of Rock Tech’s Guben Converter in bolstering Europe’s battery materials supply chain and reinforces the Company’s commitment to delivering sustainable, locally produced lithium.
Understanding the EU Critical Raw Materials Act
The EU Critical Raw Materials Act is a critical piece of legislation aimed at securing a stable and sustainable supply of raw materials essential for the European Union’s green transition and digital transformation. The Act recognizes the importance of certain raw materials, including lithium, as being essential for the production of clean technologies, such as batteries for electric vehicles and renewable energy storage systems.
Strategic Project Status: What Does it Mean for Rock Tech and Europe?
Being designated as a Strategic Project under the CRM Act is a significant achievement for Rock Tech. It means that the Guben Converter is considered a priority project for the European Union, and the necessary support and resources will be provided to ensure its successful implementation. The project is expected to:
- Contribute to Europe’s energy independence by providing a local source of lithium for battery production.
- Reduce the dependence on imported lithium, enhancing the region’s strategic autonomy.
- Support the growth of the European battery industry, creating jobs and economic opportunities.
- Promote sustainable and circular mining practices, aligning with the EU’s Green Deal objectives.
How Will This Impact Consumers and the World?
Beyond Europe, the strategic recognition of Rock Tech’s Guben Converter project will have broader implications:
- Reduced dependency on imported lithium: The project will contribute to a more diversified and secure global lithium supply chain, lessening the reliance on countries with volatile geopolitical conditions.
- Lower carbon footprint: The local production of lithium will significantly reduce the carbon footprint associated with transporting raw materials long distances.
- Fostering a circular economy: The Guben Converter project is designed with a focus on sustainable and circular mining practices, which will contribute to a more circular economy and reduced waste.
Conclusion: A Milestone in Europe’s Green Transition
Rock Tech’s Guben Converter project represents an essential milestone in Europe’s green transition, as it strengthens the region’s battery materials supply chain and positions it as a leader in sustainable, locally produced lithium. The strategic recognition under the EU Critical Raw Materials Act is a testament to the project’s significance and the Company’s commitment to delivering a greener, more autonomous, and more circular future for Europe and the world.
As the demand for clean technologies continues to grow, the importance of securing a stable and sustainable supply of critical raw materials, such as lithium, will only increase. The Guben Converter project is a crucial step towards achieving this goal, and Rock Tech is proud to be at the forefront of this transformation.
