Rock Tech Completes Scoping Study for Canadian Lithium Converter With NPV of CAD 2.3b. Study Highlights Significant Knowledge Transfer From the Guben Converter Project to North American Operations.

PR Newswire · Sep 19 18:00

While the Company's fully permitted German Lithium Converter approaches full financing, Rock Tech's engineers have confirmed the economic and operational viability of a large Lithium conversion facility in North America with post-tax NPV(8) of CAD 2.3b and IRR of 22.2%.
The study affirms Rock Tech's leading role in establishing the first Lithium processing capacities to produce sustainable, local, and high-quality Lithium products in Ontario, Canada.
The proposed Lithium Converter will produce up to 32 ktpa LCE using Rock Tech's and third-party feedstock, leveraging Rock Tech's merchant Lithium refining flowsheet thereby providing Lithium mines in the province and Canada a local processing destination.

TORONTO, Sept. 19, 2024 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) ("Rock Tech", or the "Company") is pleased to announce the completion of an engineering study ("Scoping Study") that confirms the economic viability and operational feasibility for the construction and operation of a Lithium conversion facility ("Converter") in Ontario, Canada.

Red Rock Converter as seen from the north-east on the proposed site in Red Rock, ON, CAN (CNW Group/Rock Tech Lithium Inc.)

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Rock Tech Completes Scoping Study for Canadian Lithium Converter With NPV of CAD 2.3b. Study Highlights Significant Knowledge Transfer From the Guben Converter Project to North American Operations.

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