European Commission designates Rock Tech as a strategic project
04.04.2025Rock Tech Lithium Inc. announced that its Lithium Converter Project in Germany (“Guben Converter”) has been recognized as a Strategic Project under the EU Critical Raw Materials Act (“CRMA”). This designation underscores the importance of Rock Tech’s Guben Converter to the European battery materials supply chain and further accelerates the Company’s mission to provide Europe with sustainable, locally produced lithium. The Guben Converter will produce 24 000 t of battery-grade lithium hydroxide annually – enough to power over 500 000 electric vehicles.”
Lithium converter in Guben
© Rock Tech Lithium
The CRMA, implemented in May 2024, is a cornerstone initiative aimed at securing resilient and sustainable supply of 17 critical raw materials essential for Europe’s energy transition. It enhances the EU’s capacity for extraction, processing, and refining of strategic raw materials, reduces reliance on imports from third countries while upholding the highest environmental and social standards.
With over 170 applications submitted to the European Commission, Rock Tech is proud that the Guben Converter was selected in this highly competitive process. The European Commission has announced that it will initially use € 2 bn to support selected projects through loans, financing, and guarantees.
“This milestone not only affirms the strategic value of our Guben project but also positions us as a key enabler of Europe’s green industrial future. We are honored to be recognized as a Strategic Project by the European Commission and remain fully committed to advancing a secure, sustainable, and independent lithium supply for Europe,” says Dirk Harbecke, CEO & Chairman Rock Tech Lithium.
