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Rock Tech's designation as "Strategic Project" by the European Commission is considered a "Transformational Milestone" - Only three Lithium projects in Germany were selected - Rock Tech is the only full-scale European Lithium refinery using proven and tested technology - Access to funding opportunities

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Rock Tech Lithium (RCKTF) has achieved a significant milestone as its Guben Converter project received Strategic Project status under the EU's Critical Raw Materials Act (CRMA). The project is among only three Strategic Projects selected in Germany and stands as the sole lithium processing facility among 47 chosen projects capable of processing spodumene concentrate into battery-grade Lithium Hydroxide using the sulphation-causticization route.

This designation grants Rock Tech enhanced access to funding opportunities and stronger support from European policymakers. The company will connect with the CRMA finance subgroup for guidance in project financing through private and public sources. Additionally, regional and national authorities can utilize the European Regional Development Fund and Cohesion Fund to support the project's development.

Rock Tech Lithium (RCKTF) ha raggiunto un traguardo significativo poiché il suo progetto Guben Converter ha ricevuto lo status di Progetto Strategico ai sensi della Legge sui Materiali Critici dell'UE (CRMA). Il progetto è uno dei soli tre Progetti Strategici selezionati in Germania ed è l'unico impianto di lavorazione del litio tra i 47 progetti scelti, capace di trasformare il concentrato di spodumene in Idrossido di Litio di grado batteria utilizzando il metodo di solfatazione-causitizzazione.

Questa designazione offre a Rock Tech un accesso migliorato a opportunità di finanziamento e un supporto più forte da parte dei decisori politici europei. L'azienda si connetterà con il sottogruppo finanziario del CRMA per ricevere indicazioni nel finanziamento del progetto attraverso fonti private e pubbliche. Inoltre, le autorità regionali e nazionali possono utilizzare il Fondo Europeo per lo Sviluppo Regionale e il Fondo di Coesione per sostenere lo sviluppo del progetto.

Rock Tech Lithium (RCKTF) ha logrado un hito significativo ya que su proyecto Guben Converter recibió el estatus de Proyecto Estratégico bajo la Ley de Materiales Críticos de la UE (CRMA). El proyecto se encuentra entre los tres únicos Proyectos Estratégicos seleccionados en Alemania y es la única instalación de procesamiento de litio entre los 47 proyectos elegidos, capaz de procesar concentrado de espodumena en Hidróxido de Litio de grado batería utilizando el método de sulfatación-cauterización.

Esta designación otorga a Rock Tech un acceso mejorado a oportunidades de financiamiento y un apoyo más fuerte de los responsables políticos europeos. La empresa se conectará con el subgrupo financiero del CRMA para recibir orientación en el financiamiento del proyecto a través de fuentes privadas y públicas. Además, las autoridades regionales y nacionales pueden utilizar el Fondo Europeo de Desarrollo Regional y el Fondo de Cohesión para apoyar el desarrollo del proyecto.

록 테크 리튬 (RCKTF)은 구벤 컨버터 프로젝트가 EU의 중요 원자재 법(CRMA) 하에 전략적 프로젝트 지위를 획득하면서 중요한 이정표를 세웠습니다. 이 프로젝트는 독일에서 선정된 세 개의 전략적 프로젝트 중 하나이며, 47개의 선택된 프로젝트 중에서 스포듐네 농축물을 배터리 등급의 수산화 리튬으로 가공할 수 있는 유일한 리튬 가공 시설입니다.

이 지위는 록 테크에게 자금 기회에 대한 향상된 접근성과 유럽 정책 입안자들로부터의 강력한 지원을 제공합니다. 회사는 민간 및 공공 출처를 통한 프로젝트 자금 조달에 대한 지침을 위해 CRMA 금융 하위 그룹과 연결될 것입니다. 또한, 지역 및 국가 당국은 프로젝트 개발을 지원하기 위해 유럽 지역 개발 기금과 응집 기금을 활용할 수 있습니다.

Rock Tech Lithium (RCKTF) a atteint une étape significative, car son projet Guben Converter a reçu le statut de Projet Stratégique en vertu de la Loi sur les Matériaux Critiques de l'UE (CRMA). Le projet fait partie des trois seuls Projets Stratégiques sélectionnés en Allemagne et est la seule installation de traitement du lithium parmi les 47 projets choisis, capable de transformer le concentré de spodumène en Hydroxyde de Lithium de qualité batterie en utilisant la méthode de sulfatation-cautérisation.

Cette désignation offre à Rock Tech un meilleur accès aux opportunités de financement et un soutien renforcé de la part des décideurs politiques européens. L'entreprise se connectera au sous-groupe financier du CRMA pour obtenir des conseils sur le financement du projet par le biais de sources privées et publiques. De plus, les autorités régionales et nationales peuvent utiliser le Fonds Européen de Développement Régional et le Fonds de Cohésion pour soutenir le développement du projet.

Rock Tech Lithium (RCKTF) hat einen bedeutenden Meilenstein erreicht, da sein Guben Converter-Projekt den Status eines Strategischen Projekts gemäß dem Kritischen Rohstoffgesetz (CRMA) der EU erhalten hat. Das Projekt gehört zu den nur drei in Deutschland ausgewählten Strategischen Projekten und ist die einzige Lithiumverarbeitungsanlage unter den 47 ausgewählten Projekten, die in der Lage ist, Spodumenkonzentrat in batteriefähiges Lithiumhydroxid über den Sulfatations-Kauterisierungsprozess zu verarbeiten.

Diese Auszeichnung gewährt Rock Tech einen verbesserten Zugang zu Finanzierungsmöglichkeiten und stärkere Unterstützung von europäischen politischen Entscheidungsträgern. Das Unternehmen wird sich mit der Finanzierungsgruppe des CRMA verbinden, um Anleitung zur Projektfinanzierung durch private und öffentliche Quellen zu erhalten. Darüber hinaus können regionale und nationale Behörden den Europäischen Fonds für regionale Entwicklung und den Kohäsionsfonds nutzen, um die Entwicklung des Projekts zu unterstützen.

Positive
  • Strategic Project designation provides improved access to EU funding and policy support
  • One of only three Strategic Projects selected in Germany under CRMA
  • Only lithium processing facility among 47 selected projects using proven technology
  • Access to European Regional Development Fund and Cohesion Fund support
Negative
  • None.

TORONTO, March 31, 2025 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") has announced last week that its Guben Converter has been officially granted Strategic Project status under the European Union's Critical Raw Materials Act (CRMA). This prestigious designation underscores the project's essential role in securing Europe's supply of critical raw materials, reinforcing the EU's ambition to build a resilient and sustainable battery metals supply chain.

The Guben Converter is one of only three Strategic Projects in Germany and the only lithium processing facility among the 47 selected projects that is capable of processing spodumene concentrate via the established sulphation–causticization route into battery-grade Lithium Hydroxide.

Rock Tech will benefit from improved access to funding opportunities (debt and equity), and stronger support from European policymakers. In detail, the designation enables Rock Tech to connect with the CRMA finance subgroup, which will provide guidance and meaningful support in finalizing the project's financing by exploring both private and public funding sources. Furthermore, this status ensures that regional and national authorities can leverage the European Regional Development Fund and Cohesion Fund to support the project's development.

Therefore, the selection as a Strategic Project is an important milestone that confirms Rock Tech's strategy and highlights the critical importance of building local processing capacity for lithium extraction from primary sources while leveraging proven and established technology.

"Receiving Strategic Project status is a transformational milestone for Rock Tech and our stakeholders," said Dirk Harbecke, CEO of Rock Tech. "It validates the critical role of our Guben Converter in Europe's mineral strategy and paves the way for streamlined development and financing. We look forward to working closely with European institutions and industry partners to advance our project."

The Critical Raw Materials Act, adopted by the European Union, aims to bolster domestic supply chains for essential raw materials while reducing dependency on external sources. By prioritizing Strategic Projects, the EU is ensuring stable access to materials crucial for the green energy transition, including lithium, nickel, rare earth elements, and more.

Rock Tech remains committed to advancing the Guben Converter in alignment with best environmental, social, and governance (ESG) practices while supporting Europe's transition to a sustainable, low-carbon economy.

On behalf of the Board of Directors, 
Dirk Harbecke
Chairman & CEO

ABOUT ROCK TECH
Rock Tech's vision is to supply the electric vehicle and battery industry with sustainable, locally produced lithium, targeting a 100% recycling rate. To ensure resilient supply chains, the company plans to build lithium converters at the doorstep of its customers, beginning with the Company's proposed Lithium Hydroxide Converter in Guben, Brandenburg, Germany. The second Converter is planned to be built in Red Rock, Ontario, Canada. Rock Tech Lithium plans to source raw material from its own Georgia Lake spodumene project in the Thunder Bay Mining District of Ontario, Canada, and procure from other ESG-compliant mines. Ultimately, Rock Tech's goal is to create a closed-loop lithium production system. Rock Tech has gathered one of the strongest teams in the industry to close the most pressing gap in the clean mobility story. The Company has adopted strict environmental, social and governance standards and is developing a proprietary refining process to increase efficiency and sustainability further.

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 news release contains forward-looking information pertaining to: the intended use of proceeds from the Offering and allocation thereof; listing of the Unit Shares on the TSX-V, including obtaining the final acceptance of the TSX-V; discussions with strategic and financial investors to explore potential opportunities for investments directly at the project level, including the Company's converter projects in Germany and Canada and the Georgia Lake Project; and Rock Tech's opinions, beliefs and expectations regarding the Company's business strategy, development and exploration opportunities and projects, and plans and objectives of management for the Company's operations and properties. Forward-looking information is based on certain assumptions, estimates, expectations and opinions of the Company and, in certain cases, third party experts, that are believed by management of Rock Tech to be reasonable at the time they were made. Forward-looking information is derived utilizing numerous assumptions regarding, among other things: the satisfaction of the conditions to obtain final acceptance of the TSX-V approval for the listing of the Unit Shares on the TSX-V; the supply and demand for, deliveries of, and the level and volatility of prices of, feedstock and intermediate and final lithium products; that all required regulatory approvals and permits can be obtained on the necessary terms in a timely manner; expected growth, performance and business operations; future commodity prices and exchange rates; prospects, growth opportunities and financing available to the Company; general business and economic conditions; the costs and results of exploration, development and operating activities; Rock Tech's ability to procure supplies and other equipment necessary for its business; and the accuracy and reliability of technical data, forecasts, estimates and studies. The foregoing list is not exhaustive of all assumptions which may have been used in developing the forward-looking information. While Rock Tech considers these assumptions to be reasonable based on information currently available, they may prove to be incorrect and should not be read as a guarantee of future performance or results. Except as may be required by law, Rock Tech undertakes no obligation and expressly disclaims any responsibility, obligation or undertaking to update or to revise any forward-looking information, whether as a result of new information, future events or otherwise, to reflect any change in Rock Tech's expectations or any change in events, conditions or circumstances on which any such information is based. The forward-looking information contained herein is presented for the purposes of assisting readers in understanding Rock Tech's plans, objectives and goals and is not appropriate for any other purposes.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.  

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SOURCE Rock Tech Lithium Inc.

FAQ

What does Rock Tech's Strategic Project status mean for RCKTF investors?

The status provides improved access to EU funding, policy support, and financing opportunities through both private and public sources, potentially reducing investment risks.

How many Strategic Projects were selected alongside Rock Tech RCKTF in Germany?

Rock Tech's Guben Converter is one of only three Strategic Projects selected in Germany under the EU's Critical Raw Materials Act.

What unique advantage does Rock Tech RCKTF's Guben Converter have among selected projects?

It's the only lithium processing facility among 47 selected projects that can process spodumene concentrate into battery-grade Lithium Hydroxide using proven technology.

What funding sources will be available to Rock Tech RCKTF after receiving Strategic Project status?

The company can access the European Regional Development Fund, Cohesion Fund, and receive guidance from CRMA finance subgroup for private and public funding.

How does Rock Tech RCKTF's Guben Converter align with EU's mineral strategy?

The project supports EU's goal of securing domestic supply chains for critical raw materials and reducing dependency on external sources for the green energy transition.
Rock Tech Lithium Inc

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