Rock Tech Lithium (TSE:RCK) has released an update.
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Rock Tech Lithium Inc. has announced a shift in its strategy for securing subsidies for its lithium refinery in Brandenburg, Germany, after being denied federal funds due to budget constraints. The company is now focusing on state-level support, with ongoing negotiations in Brandenburg, where the project is seen as strategically important. Despite the setback, Rock Tech continues to progress, having secured a major customer in Mercedes Benz AG and a feedstock supply agreement with C&D Logistics.
For further insights into TSE:RCK stock, check out TipRanks’ Stock Analysis page.
