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ROCK TECH LINTHIUM INC - RCKTF STOCK NEWS

Welcome to our dedicated page for ROCK TECH LINTHIUM news (Ticker: RCKTF), a resource for investors and traders seeking the latest updates and insights on ROCK TECH LINTHIUM stock.

Rock Tech Lithium Inc. (OTCQX: RCKTF) is a cleantech company operating in Canada and Germany with a focus on producing lithium hydroxide for electric vehicle batteries. The company plans to construct lithium converters near its customers to ensure transparent supply chains and timely delivery. Starting with the proposed lithium hydroxide converter and refinery facility in Guben, Germany, Rock Tech aims to establish the second converter in Red Rock, Ontario, Canada. By sourcing raw materials from its Georgia Lake spodumene project and other environmentally responsible mines, Rock Tech aims to address the critical gap in sustainable mobility by creating a closed-loop lithium production system.

Rhea-AI Summary
Rock Tech Lithium Inc. signs a Memorandum of Understanding with BMI Group and the Red Rock Indian Band to develop a 50-acre area in Red Rock Township as a key component of Ontario's EV supply chain. The former Norampac Paper Mill site, the closest site to production with industrial capacity, is being assessed for transformation into an intermodal transloading facility and a lithium refinery.
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Rock Tech Lithium plans to build a lithium converter and develop a supply chain in Canada by 2027. The company is currently assessing locations in Ontario and has moved its Canadian office to Toronto.
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Rock Tech Lithium applies for additional subsidies for its Guben converter
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FAQ

What is the current stock price of ROCK TECH LINTHIUM (RCKTF)?

The current stock price of ROCK TECH LINTHIUM (RCKTF) is $0.705 as of November 22, 2024.

What is the market cap of ROCK TECH LINTHIUM (RCKTF)?

The market cap of ROCK TECH LINTHIUM (RCKTF) is approximately 81.6M.

What is Rock Tech Lithium Inc. focused on?

Rock Tech Lithium Inc. specializes in producing lithium hydroxide for electric vehicle batteries.

Where does Rock Tech plan to build its lithium converters?

Rock Tech plans to construct lithium converters in Guben, Germany, and Red Rock, Ontario, Canada.

From where does Rock Tech source its raw materials?

Rock Tech sources raw materials from its Georgia Lake spodumene project and other environmentally responsible mines.

What is Rock Tech's goal for its lithium production system?

Rock Tech aims to create a closed-loop lithium production system to enhance efficiency and sustainability.

What recent achievement did Rock Tech announce?

Rock Tech received full permits for its planned Lithium refinery in Guben, Germany, enabling the production of 24,000 tons of battery-grade lithium hydroxide annually.

ROCK TECH LINTHIUM INC

OTC:RCKTF

RCKTF Rankings

RCKTF Stock Data

81.61M
64.63M
8.24%
0.69%
Other Industrial Metals & Mining
Basic Materials
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United States of America
Toronto