Rock Tech Receives Further Research Funding From German Government
Rock Tech Lithium (OTCQX:RCKTF) has secured a 250,000 Euro grant from Germany's Federal Ministry for Research, Technology and Space for the "ELiSePro" project. The initiative, in collaboration with RWTH Aachen University, aims to enhance lithium yield at the company's Guben converter site through advanced ion separation methods.
This marks Rock Tech's third major funding award, following an 800,000 Euro grant from EIT RawMaterials and 388,000 CAD from Ontario's Critical Minerals Innovation Fund. The company's Guben project has been designated as strategic under the EU Critical Raw Materials Act, reinforcing Rock Tech's position in sustainable lithium production for EV batteries.
Rock Tech Lithium (OTCQX:RCKTF) ha ottenuto un contributo di 250.000 euro dal Ministero Federale tedesco per la Ricerca, la Tecnologia e lo Spazio per il progetto "ELiSePro". L'iniziativa, in collaborazione con la RWTH Aachen University, punta a migliorare la resa di litio presso l'impianto di conversione di Guben mediante avanzati metodi di separazione ionica.
Si tratta del terzo importante finanziamento per Rock Tech, dopo un contributo di 800.000 euro da EIT RawMaterials e 388.000 CAD dal Critical Minerals Innovation Fund dell'Ontario. Il progetto di Guben è stato designato strategico ai sensi del Regolamento UE sulle materie prime critiche, rafforzando la posizione di Rock Tech nella produzione sostenibile di litio per batterie per veicoli elettrici.
Rock Tech Lithium (OTCQX:RCKTF) ha conseguido una subvención de 250.000 euros del Ministerio Federal alemán de Investigación, Tecnología y Espacio para el proyecto "ELiSePro". La iniciativa, en colaboración con la RWTH Aachen University, busca aumentar el rendimiento de litio en la planta de conversión de Guben mediante métodos avanzados de separación iónica.
Es la tercera financiación importante para Rock Tech, tras una ayuda de 800.000 euros de EIT RawMaterials y 388.000 CAD del Critical Minerals Innovation Fund de Ontario. El proyecto de Guben ha sido declarado estratégico en virtud del Reglamento de la UE sobre materias primas críticas, reforzando la posición de Rock Tech en la producción sostenible de litio para baterías de vehículos eléctricos.
Rock Tech Lithium (OTCQX:RCKTF)가 독일 연방 연구·기술·우주부로부터 "ELiSePro" 프로젝트를 위해 25만 유로 보조금을 확보했습니다. 이 프로젝트는 RWTH Aachen University와 협력하여 고급 이온 분리 기술을 통해 구벤(Guben) 전환 시설의 리튬 회수율을 높이는 것을 목표로 합니다.
이번 지원은 Rock Tech의 세 번째 주요 자금 수주로, EIT RawMaterials로부터 80만 유로를, 온타리오의 Critical Minerals Innovation Fund로부터 388,000 CAD를 이미 확보한 바 있습니다. 구벤 프로젝트는 EU 핵심 원자재 규정에 따라 전략적 사업으로 지정되어 전기차 배터리용 지속 가능한 리튬 생산에서 Rock Tech의 입지를 강화합니다.
Rock Tech Lithium (OTCQX:RCKTF) a obtenu une subvention de 250 000 euros du ministère fédéral allemand de la Recherche, de la Technologie et de l'Espace pour le projet "ELiSePro". L'initiative, en collaboration avec la RWTH Aachen University, vise à améliorer le rendement en lithium sur le site de transformation de Guben grâce à des méthodes avancées de séparation ionique.
Il s'agit du troisième financement majeur pour Rock Tech, après une subvention de 800 000 euros de l'EIT RawMaterials et 388 000 CAD du Critical Minerals Innovation Fund de l'Ontario. Le projet de Guben a été désigné stratégique au titre du règlement européen sur les matières premières critiques, renforçant la position de Rock Tech dans la production durable de lithium pour les batteries de véhicules électriques.
Rock Tech Lithium (OTCQX:RCKTF) hat einen Zuschuss in Höhe von 250.000 Euro vom deutschen Bundesministerium für Forschung, Technologie und Raumfahrt für das Projekt "ELiSePro" erhalten. Die Initiative, in Zusammenarbeit mit der RWTH Aachen University, zielt darauf ab, die Lithiumausbeute am Konverterstandort Guben durch fortschrittliche Ionentrennungsverfahren zu steigern.
Dies ist die dritte bedeutende Förderzusage für Rock Tech, nach einem Zuschuss über 800.000 Euro von EIT RawMaterials und 388.000 CAD vom Critical Minerals Innovation Fund in Ontario. Das Guben-Projekt wurde im Rahmen der EU-Regelung zu kritischen Rohstoffen als strategisch eingestuft, was Rock Techs Stellung in der nachhaltigen Lithiumproduktion für E-Auto-Batterien stärkt.
- Secured 250,000 Euro research funding from German Federal Ministry
- Project designated as strategic under EU Critical Raw Materials Act
- Recent multiple funding awards totaling over 1 million Euros
- Partnership with prestigious RWTH Aachen University enhances research capabilities
- Relatively small funding amount compared to project scope
- Research outcomes and implementation timeline remain uncertain
- After having received funding from EIT Raw Materials, a body of the European Union, the Federal Ministry for Research, Technology and Space has selected Rock Tech for funding in the lithium field.
- Rock Tech will collaborate with research partners from RWTH Aachen University (Rheinisch-Westfälische Technische Hochschule Aachen), one of
Europe 's leading technical universities, especially renowned for its strong competencies in engineering and applied sciences.
The project will be implemented in collaboration with RWTH Aachen University, highlighting the strong partnership between industry and leading academic research in Germany. The total funding amount is approximately
As part of the project, various state-of-the-art ion separation methods (including nanofiltration, capacitive deionization, and lithium-ion sieves) will be systematically compared to minimize lithium losses in the process. The results will be evaluated based on economic and technological criteria and are intended for direct industrial application in our Guben converter in order to increase our recovery. Innovative findings will also be published in scientific journals and be patented.
"This funding supports the technological advancement of the German and European battery industry – and even it's a relatively small amount, it's an important step towards building additional know-how for strengthening security of supply for critical raw materials and building sustainable value chains in
In the past few months, Rock Tech has received funding from several public sources, to become a technological leader in lithium processing. This new funding underlines the strategic relevance of Rock Tech and its projects in
On behalf of the Company,
Mirco Wojnarowicz
CEO
ABOUT ROCK TECH
Rock Tech's vision is to supply the electric vehicle and battery industry with sustainable, locally produced lithium, targeting a
Rock Tech Lithium Inc, 2700-40 Temperance Street, Toronto ON M5H 0B4 CAN.
CAUTIONARY NOTE CONCERNING FORWARD-LOOKING INFORMATION Certain statements contained in this news release constitute "forward-looking information" under applicable securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, which address events, results, outcomes or developments that the Company expects to occur are forward-looking statements. When used in this news release, words such as "expects", "anticipates", "plans", "predicts", "believes", "estimates", "intends", "targets", "projects", "forecasts", "may", "will", "should", "would", "could" or negative versions thereof and other similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking information pertaining to expectations concerning the Guben Converter, including the design and features of the Guben Converter, as well as the expected costs, capital expenditures, timing and outcomes thereof; statements regarding the Company's future plans, estimates, and schedules relating to the Guben Converter, including the anticipated timing of future activities taken in support of the development thereof; Rock Tech's potential financing arrangements; the expected funding from the Federal Ministry of Research, Technology and Space for the project ELiSePro as well as from EIT RawMaterials under the KAVA program and the CMIF, the expected economic performance of the Guben Converter and anticipated production of battery-grade Lithium Hydroxide and related processing methods and innovation employed; the estimated capital and operating costs of the Guben Converter; the anticipated timing and outcomes of a final investment decision, construction activities and commissioning of the Guben Converter; statements regarding the Company's sustainability and ESG related goals and strategy, including the benefits and achievement thereof and future actions taken by the Company in relation thereto; expected regulatory processes and final outcomes; expectations regarding the electric vehicle industry, including the demand for and pricing of battery-grade Lithium Hydroxide and the benefits therefrom, and the development of political and regulatory frameworks especially in
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SOURCE Rock Tech Lithium Inc.