Rock Tech Lithium has joined the European Battery Alliance

Vancouver, British ColumbiaAnd May 11 2022 /PRNewswire/ – Rock Tech Lithium Inc (the “Company” or “Rock Tech”) is pleased to announce that it has joined the European Battery Alliance (“EBAMaros Sevsowicz, Vice-President of the European Commission, launched an interest group in 2017 to make Europe A global leader in the production and use of sustainable batteries. The EBA program consists of approximately 700 private companies and government institutions. Members include Albemarle, an American lithium producer, BASF, a German producer of cathodes for rechargeable batteries, and the Fraunhofer Institute, among others.

EBA’s goal is to ensure clean and unpolluted traffic in Europe With environmentally friendly vehicles and more sustainable technology solutions. This goal must be achieved by creating a competitive and sustainable value chain for battery cell manufacturing in Europe. EBA expects the corresponding market to grow to a size of 250 billion euros by 2025.

Commenting on Rock Tech Lithium’s joining the EBA, Dirk Harbeck“For us, EBA is a great platform to expand our network of companies in the battery value chain, academics and policy makers. We look forward to sharing ideas with other members,” said the company president.

About Rock Tech Lithium Inc.

Rock Tech Lithium (TSX-V: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) is a clean technology company operating in Canada And Germany Which aims to supply the automotive industry with high quality “Made in GermanyLithium hydroxide. As early as 2024, Rock Tech intends to start operating Europe The first lithium transformer with a production capacity of 24,000 tons per year. This is equivalent to the volume needed to equip about 500,000 electric cars with lithium-ion batteries.

Rock Tech owns the Georgia Lake project in Ontario, Canada. The company has set itself the goal of creating the world’s first closed-loop lithium, thus bridging the raw material gap on the road to clean mobility. As early as 2030, it is expected that about 50 percent of the raw materials used will come from battery recycling.

Rock Tech Lithium – The superior fuel for battery life

www.rocktechlithium.com

On behalf of the board of directors,

Dirk Harbeck
president

Neither TSX Venture Exchange nor the Regulatory Services Provider (as defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.

Cautionary note regarding forward-looking information

The following cautionary statements are in addition to all other cautionary and disclaimers contained elsewhere or referred to in this press release.

Certain information in this press release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws, which are based on Rock Tech’s current expectations and estimates, and assumptions in light of its experience. awareness of historical trends. All statements other than statements of historical facts may constitute forward-looking information. Often, forward-looking information may be identified by the use of words or phrases such as “estimate,” “project,” “expect,” “expect,” “intend,” “believe,” “hope,” “may,” and similar expressions. , as well as “will”, “must” and all other indices of the future tense. All forward-looking information set forth in this press release is expressly qualified in its entirety by the cautionary statements referenced in this section.

In particular, this new release contains forward-looking information regarding: the features and location of the proposed converter, including costs and benefits; Data related to future plans, estimates and schedules related to the company’s transformer strategy; Statements regarding future activities carried out in connection with the MoU; Expected production of lithium hydroxide and related processing methods; data and forecasts related to the electric vehicle industry; Rock Tech’s planning, approval and decision-making process, including relevant factors that the Company considers; Rock Tech’s opinions, beliefs, and expectations regarding the Company’s business strategy, development and exploration opportunities and projects, and management’s plans and objectives for the Company’s operations and properties.

The forward-looking information contained in this press release is based on certain assumptions, estimates, projections, analyzes and opinions of the Company and, in some cases, third party experts, which Rock Tech’s management believes were reasonable at the time they were made. These assumptions, estimates and other factors include, among others: supply, demand, deliverables, level and volatility of lithium product prices for primary, intermediate and final materials, expected growth, performance and business operations, future commodity prices and exchange rates, expectations, growth and financing opportunities for the company, general business and conditions economic growth, development and exploration results, and Rock Tech’s ability to purchase supplies and other equipment needed for its business. The foregoing list is not exhaustive of all assumptions that may have been used in the development of the forward-looking information. While Rock Tech considers these assumptions, estimates and factors to be reasonable based on currently available information, they may prove to be incorrect. Forward-looking information should not be read as a guarantee of future performance or results.

In addition, forward-looking information includes known and unknown risks, uncertainties and other factors, many of which are beyond Rock Tech’s control, that could cause actual events, results, performance, and/or achievements of Rock Tech to differ materially from what exists. express or implied by this forward-looking information. The risks and uncertainties that could cause actual events, results, performance and/or achievements to materially differ in the Company’s ability to access the financing required to invest in the opportunities and projects available (including the proposed converter) and on satisfactory terms, and current and potential vice versa. Effects of the COVID-19 pandemic and recent geopolitical hostilities, the expected benefits of the MoU may not be realized; The risk that Rock Tech will not be able to meet its financial obligations as they fall due, changes in commodity and other prices, Rock Tech’s ability to attract and retain skilled personnel and secure raw materials from third party suppliers, unforeseen events and other difficulties related to the construction, development and operation of the transformer the proposed, cost of compliance with current, future and other environmental laws and regulations, ownership defects, competition from existing and new competitors, changes in currency, exchange rates and market prices of Rock Tech securities, history of Rock Tech’s losses and the effects of climate change, and other risks and uncertainties described from time to time in the Documents Rock Tech’s public disclosures available on the company’s SEDAR file at www.sedar.com, including those discussed under “Financial Instruments and Other Risks” in Rock Tech’s most recent management discussion and analysis. These risks and uncertainties do not constitute an exhaustive list of all risk factors that could cause actual events, results, performance and/or achievements to differ materially from the forward-looking information.

We cannot assure you that actual events, results, performance and/or achievements will be consistent with the forward-looking information and management’s assumptions may be incorrect. The forward-looking information reflects Rock Tech’s management’s views on the date the information was created. Except as may be required by law, Rock Tech assumes no obligation and expressly disclaims any responsibility, obligation or undertaking to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, to reflect any change in Rock Tech’s expectations or any change in the events, circumstances or conditions on which any such information is based.

In view of these uncertainties, readers are cautioned not to rely on the forward-looking information set forth in this press release.

SOURCE Rock Tech Lithium Inc.

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