Signing at the German-Canadian Critical Minerals Round Table in Berlin: Rock Tech Lithium and ENERTRAG SE Enter Strategic Partnership for Sustainable Energy Supply of the Lithium Hydroxide Converter in Guben
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Rock Tech Lithium (OTCQX:RCKTF) has entered a strategic partnership with ENERTRAG SE to supply renewable energy to its lithium hydroxide converter in Guben. Under the agreement, ENERTRAG will provide at least 70 GWh of renewable electricity annually starting in 2030, covering over 50% of the converter's power needs through new wind and photovoltaic plants in Gubin, Poland.
The partnership aims to reduce Scope 2 CO2 emissions by approximately 50% while ensuring sustainable and competitive electricity supply. This energy and sustainability concept will serve as a blueprint for Rock Tech's converter in Red Rock, Ontario. The project is recognized under the European Commission's Critical Raw Materials Act and demonstrates cross-border cooperation for industry decarbonization.
Positive
- Strategic partnership secures 50% of converter's electricity needs from renewable sources
- Expected 50% reduction in Scope 2 CO2 emissions through renewable energy implementation
- Project recognition under European Commission's Critical Raw Materials Act enhances strategic positioning
- Received funding from Natural Resources Canada's Critical Minerals Infrastructure Fund
Negative
- Partnership subject to positive investment decisions from both parties
- Full implementation of renewable energy supply not starting until 2030
- At least 50 percent of the electricity demand of Rock Tech's converter in Guben will be supplied directly from new wind and photovoltaic plants operated by ENERTRAG starting in 2030.
- By using renewable energy, indirect CO2 emissions (Scope 2) of the converter can be reduced by approximately 50 percent.
- The energy and sustainability concept for the converter in Guben will serve as a blueprint for the converter in
Red Rock, Ontario, Canada .
A core element of the renewable energy initiative is the direct supply of electricity from new wind and photovoltaic plants in the neighboring Polish municipality of Gubin. ENERTRAG intends to provide at least 70 GWh of renewable electricity per year under a future power purchase agreement (PPA), covering at least 50 percent of the converter's expected electricity demand. For Rock Tech, this means a significant reduction in indirect CO2 emissions (Scope 2 GHG) by at least 25 percent.
"With the planned direct supply of our converter with renewable energy, we are setting an important milestone for the sustainable and competitive production of lithium hydroxide in
From the start of commissioning, a significant share of the converter's electricity demand is to be covered by renewable sources. From 2030 onwards, at least 50 percent of the total electricity demand will be met by renewables.
The project stands as a model for the decarbonization of European industry and underscores the importance of cross-border and cross-company collaboration for greater sustainability.
Dr. Gunar Hering, Chief Executive Officer (CEO) of ENERTRAG adds: "With this partnership, we are demonstrating how tomorrow's industry can be supplied with climate-friendly and competitive renewable energy today. We are focusing on innovative solutions such as direct electricity supply from new wind and solar parks in Gubin and the use of process heat through sector coupling. The project with Rock Tech is a milestone for the cross-border energy transition and highlights the role of the Lausitz-area in Brandenburg as the future region for sustainable industry. Together, we are creating planning security, strengthening the regional value proposition, and making a true contribution to the decarbonization of the European economy."
The cooperation is subject to positive investment decisions by both parties.
The agreement was signed during the German-Canadian Critical Minerals Round Table. "The partnership between Rock Tech Lithium and ENERTRAG represents a powerful example of how Canadian innovation and international collaboration can drive the clean energy transition. The Guben converter project, and its future counterpart in
About Rock Tech Lithium
Rock Tech is enabling the battery age by making the battery industries in
Rock Tech relies on responsible sourcing, state-of-the-art and proven technologies, and a clear focus on circular economy principles. The Company's lithium hydroxide converter projects in Guben,
The raw materials for Rock Tech's converter projects are sourced exclusively from verifiably ESG-compliant suppliers. In
With its facilities, Rock Tech makes a central contribution to battery-grade material sovereignty and the achievement of climate targets. The company works in partnership with industry, policymakers, and community groups, and is committed to open communication and the highest environmental standards.
Contact:
Rock Tech Lithium Inc, 2700-40 Temperance Street, Toronto ON M5H 0B4
Charlotte Holzum, Press Contact
charlotte.holzum@navos.eu
About ENERTRAG
ENERTRAG has been implementing the energy transition for more than 25 years. Over 1,200 employees plan, build, and operate interconnected power plants based on wind and solar systems, our own grid infrastructure, batteries, and electrolysers. These reliably supply electricity, heat, and green hydrogen as needed, replacing every fossil fuel power plant.
With our own plants, we generate around 2,000 gigawatt hours of electricity from wind and solar power annually, and green hydrogen since 2011. On this basis, we are developing energy projects with a capacity of over 30 gigawatts – in nine countries on four continents.
ENERTRAG stands for the global energy supply of the future: sustainable, secure, regionally anchored. So that our earth remains livable.
Contact:
ENERTRAG SE, Gut Dauerthal, 17291 Dauerthal,
Michael Rassinger, Press Contact
michael.rassinger@enertrag.com
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SOURCE Rock Tech Lithium Inc.