Rock Tech Lithium


Vertically Integrated Lithium Production and Processing

Press Releases


The green energy movement is gaining momentum as the demand for electric alternatives to power, transportation and production accelerates. To meet this growing demand, accessibility and supply chain considerations of the critical metals needed to power this revolution are key in transitioning to a more sustainable world.

Analysts expect global lithium demand to reach 1 million tonnes lithium carbonate equivalent (LCE) by 2025, from 47,300 tonnes in 2020 to 117,400 tonnes in 2024, owing largely to rapidly increasing electric vehicle production. As the West competes for this limited resource, securing local lithium sources to meet increasing demand will be the key to minimizing environmental impact, transportation costs and carving a place in the future of green energy that is fast becoming a reality.

Rock Tech Lithium Inc. (TSXV:RCK,FWB:RJIB) is an emerging lithium ChemTech company focused on bridging the gap between resource-rich Canada and process-focused Europe. Aiming to be one of the first lithium hydroxide producers outside of China, the company will capture a first-mover advantage in the growing Western lithium market.

Rock Tech has a significant raw material feedstock from its wholly owned, high-quality Georgia Lake spodumene project in Ontario, Canada. Having core operations in Canada strategically positions the company in a jurisdiction with historically safe mining-friendly conditions and one of the cleanest sources of lithium in the world.

The company is pursuing a two-pillar approach that includes the production of sustainably sourced spodumene feedstock at Georgia Lake and the construction of a lithium hydroxide converter in Europe, becoming a critical component of the growing lithium-ion battery supply chain.

“Rock Tech Lithium is building the first-ever lithium hydroxide converter in Europe, playing a key role in the rapid expansion of the lithium-ion battery supply chain and the burgeoning electric vehicle market,” according to company officials. This would make Rock Tech one of the first movers for lithium hydroxide supply in Europe. In collaboration with the world-renowned Technische Universität Bergakademie Freiberg, commonly known outside Germany as the Freiberg University of Mining and Technology, the oldest university of mining and metallurgy in the world, the company has developed an innovative nitrate process that has the potential to reduce energy consumption and increase by-product revenue streams.

Lithium hydroxide production is planned to start in 2023. The company already has a fully funded pre-feasibility study on its lithium hydroxide converter underway with a PFS at Georgia Lake beginning shortly, which significantly pushes project advancement. As part of the PFS, Rock Tech will be conducting pilot-scale tests to better understand the scalability of its innovative lithium process and provide material for further customer qualification testing.

The company maintains a tight share structure with an anti-dilution approach to minimize financing risk in the future. The shareholder portfolio also includes a deeply connected mix of directors, management and cornerstone shareholders with ownership of just over 70 percent of the outstanding shares. The company presently has approximately 55 million shares issued and outstanding.

Rock Tech Lithium’s management team is a diverse group of entrepreneurs, mining and processing experts with combined track records of successfully building industrial projects globally. Dedication to stakeholder interests and exploration aligned with sustainability and economic development goals primes the company for significant success and growth in the booming lithium and green energy space.

Rock Tech Lithium’s Company Highlights

  • Canada-based emerging lithium ChemTech company focused on becoming vertically integrated by developing its high-quality 100 percent owned lithium resource in Georgia Lake, Ontario, and patented processing lithium hydroxide operations in Europe.
  • The company is building the first-ever lithium hydroxide converter in Europe, which could significantly aid the current lithium-ion battery supply chain and growing electric vehicle market demands.
  • Rock Tech’s innovative nitrate process was a collaborative effort created in partnership with the world-renowned Freiberg University of Mining and Technology in Germany. The innovative process has the potential to substantially save energy and produce greater by-product revenue streams.
  • The company intends on beginning lithium hydroxide production in 2023. Completing a pre-feasibility study and finalizing negotiations for financing and subsidies in Canada and Europe are part of its ongoing goals.
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