Rock Tech Receives Further Research Funding From German Government

Core Insights - Rock Tech Lithium Inc. has been awarded funding from the Federal Ministry for Research, Technology and Space for the project "ELiSePro – Efficient Lithium Recovery Using Selective Processes" aimed at increasing lithium yield at the Guben site, contributing to Germany's raw material independence [1][4] - The project will be executed in collaboration with RWTH Aachen University, emphasizing the partnership between industry and academic research in Germany, with total funding amounting to approximately 250,000 Euros [2][9] - Various advanced ion separation methods will be compared to minimize lithium losses, with results intended for direct industrial application and publication in scientific journals [3] Company Strategy - The funding supports technological advancement in the German and European battery industry, marking a significant step towards enhancing supply security for critical raw materials and building sustainable value chains in Europe [4] - Rock Tech has received multiple public funding sources recently, positioning itself as a strategic player in the lithium industry, including funding from EIT RawMaterials (800,000 Euros) and Ontario's Critical Minerals Innovation Fund (388,000 CAD) [5] - The company aims to supply the electric vehicle and battery industry with sustainable lithium, targeting a 100% recycling rate and plans to build lithium converters in Germany and Ontario, Canada [6]