Rock Tech has obtained the first partial license in accordance with the Federal Immission Control Act (BImSchG) for its lithium hydroxide conversion plant in Guben, Germany. The Licensing Authority South of the Brandenburg State Office for the Environment issued the first partial permit to Rock Tech’s lithium conversion plant submitted in February 2022. The permit follows the project’s Early Start Permissions received in December 2022 and January 2023.

It secures first works onsite, which were recently awarded to a regional construction company. The permit received allows complete construction for all non-process buildings and site infrastructure and approves the general plant layout and functions for the spodumene to lithium hydroxide conversion.

“It is a great day, and a remarkable milestone has been reached. We have already achieved an essential progress in securing critical planning and pre-agreements for long lead items, and the basic engineering is done. The Bankable Project study completed last year, and Front End Loading Study Level 3 is in its final stage and should be completed soon. We are strongly convinced that this first partial license supports and accelerates further progress in the realization of this first of its kind project in Europe."

KLAUS SCHMITZ

Chief Operating Officer

Rock Tech has already submitted all required permits. The Company submitted the second tranche (“Application for the 2nd Partial License for the Construction of the Production Plant and Commissioning of the Entire Plant”) in November 2022 and is in close contact with the local authorities and involved third party experts in order to get this permit approval secured in due time.