RCK:CC - Micro Cap Miner Charts Greener Future with Renewable Energy Deal, Shares Pop On News
2025-08-26 12:14:00 ET
Environmental sustainability and economic growth can go hand in hand. A clear example came today as a micro-cap miner’s shares jumped following the announcement of a Memorandum of Understanding (MoU) to secure long-term renewable energy supply for its planned lithium hydroxide converter in Guben, Germany.
Rock Tech Lithium Inc. (TSX-Venture: RCK) (OTCQX: RCKTF) announced this morning that the company has entered into a strategic partnership with ENERTRAG SE to secure renewable energy for its planned lithium hydroxide converter in Guben, Germany. Beginning in 2030, more than half of the facility’s electricity needs will be supplied directly from newly developed wind and solar plants operated by ENERTRAG. The agreement, signed in the presence of senior Canadian and German officials, provides Rock Tech with long-term cost stability while supporting the European Commission’s Critical Raw Materials Act. The project is positioned as a model for cross-border cooperation to decarbonize European industry and will also guide the design of Rock Tech’s upcoming converter in Red Rock, Ontario.
A central feature of the initiative is ENERTRAG’s plan to supply at least 70 GWh of renewable power annually from facilities in neighboring Gubin, Poland. This supply will meet at least 50 percent of the converter’s projected demand, enabling Rock Tech to cut its indirect carbon emissions by around 25 percent. The partnership strengthens Rock Tech’s sustainability strategy while advancing the creation of a secure and resilient critical minerals supply chain in both Europe and Canada.
"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 Europe. The partnership with ENERTRAG is an important example of how industry and energy producers can work together in a practical way to decarbonize the value chain. This not only creates planning security for our project but also contributes to achieving European climate targets," says Mirco Wojnarowicz, Chief Executive Officer (CEO) of Rock Tech Lithium.
Shares of RCK are currently up 10.53% at $1.05 while U.S. listed shares (RCKTF) are even in late-morning trading.
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