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Rock Tech Lithium Starts Permitting Process for Europe’s First Lithium Hydroxide Converter

Vancouver, Canada

Rock Tech Lithium Inc. is pleased to announce that it has submitted the required documentation for the application for the first partial permit for the construction of its lithium hydroxide converter in Guben/Brandenburg. The partial permit submission was done in accordance with the Federal Immission Control Act (Bundes-Immissionsschutzgesetz – BImSchG), whereby the approval procedure is carried out in partial steps. This process enables careful planning while ensuring that the project progresses quickly.

The following steps are planned in close coordination with the State Office for the Environment (Landesamt für Umwelt), the authority conducting the procedure:

• The first partial application focuses on the approval of buildings, roads and other non-process infrastructure. Concurrently, the basic approvability of the project and its environmental compatibility will be examined.

• The second partial application, which the Company aims to submit in May, concerns all production facilities.

• The third, and final, partial application, which the Company aims to submit in July, will be for utilities and ancillary buildings.

“The first partial application represents an important step for us from planning to implementation of our lithium hydroxide converter in Guben. We continue to look forward to the good and constructive cooperation with the State Office for the Environment and with the city of Guben.”

Chief Executive Officer Rock Tech Lithium

Rock Tech Lithium plans to hold an information day in Guben in April/May to involve the local population in the project as early as possible. Once in full operation, the production plant for battery-grade lithium hydroxide (converter) is expected to produce 24,000 tonnes of lithium hydroxide annually for the batteries of 500,000 electric cars. Rock Tech’s project is currently in an advanced planning stage. The company estimates the investment volume at approximately 470 million euros.