MTI(US:MTX) Prnewswire·2025-08-26 11:41Core Insights - The partnership between Rock Tech Lithium and ENERTRAG aims to supply renewable energy for lithium hydroxide production, significantly reducing CO2 emissions and contributing to European climate targets [2][4][5] Renewable Energy Supply - ENERTRAG plans to provide at least 70 GWh of renewable electricity annually, covering over 50% of the converter's expected electricity demand [1] - From 2030, at least 50% of the total electricity demand for the converter will be met by renewable sources [3] Decarbonization Efforts - The collaboration is positioned as a model for decarbonizing European industry, emphasizing cross-border and cross-company cooperation [3][4] - The project is expected to reduce indirect CO2 emissions (Scope 2 GHG) by at least 25% for Rock Tech [1] Strategic Importance - The agreement was signed during the German-Canadian Critical Minerals Round Table, highlighting the strategic partnership between Canada and Germany in clean energy and critical minerals [5] - Rock Tech's Guben converter project is recognized as a strategic initiative under the EU Critical Raw Materials Act, supporting local supply chains [7] Company Profiles - Rock Tech Lithium focuses on creating a sustainable and transparent value chain for lithium production, with projects in Germany and Canada [6][7] - ENERTRAG has over 25 years of experience in the energy transition, operating interconnected power plants and developing energy projects globally [10]