“The scoping examine helps our North American plans with a powerful enterprise case,” stated Rock Tech CEO Dirk Harbecke. “We consider within the great alternative our initiatives will carry for the area. Our expertise additionally reveals that world-class companions and powerful political assist are vital for the success of lithium initiatives. That is important in difficult markets.”
The corporate is constructing a completely permitted lithium converter in Germany and is raring to provide the North American market as effectively. As much as 80% of the essential engineering from the Guben converter to the brand new one in Ontario. The technique will speed up venture growth and supply a aggressive benefit to the primary lithium converter in Ontario.
The Crimson Rock converter has a possible capital expenditure of C$1.6 billion and an anticipated lifetime of 25 years. The plant as designed will produce both lithium carbonate or lithium hydroxide monohydrate from spodumene focus. A closing resolution on output might be made primarily based on market demand.