Frankfurt internal: Rocktech Lithium share – Rocktech well prepared for growth

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by Lars Winter, Euro on Sunday

Dhe entry into the lithium business is a license to print money,” said recently teslaboss Elon Musk. The charismatic American knows what he’s talking about, after all his sought-after electric car manufacturer is heavily dependent on lithium, the raw material of the future. Before lithium can even be used by car manufacturers like Tesla, it has to be processed in a complex manner. So far, this has happened in China or South Korea, which means that the dependence on both countries is high. Now the small company wants too rocktech lithium, which is listed on the stock exchange in Germany, enter the business. Rocktech has lithium inventories in Canada and plans to launch its own processing facility here in Canada.

The so-called converter, which can be used to produce the lithium hydroxide that is in demand, is to be built from October and produce from 2025 – and then make high profits. According to their own estimates, which are still based on a significantly lower lithium price, a converter could make a profit of around 200 million dollars per year from 2026. Purchase agreements have already been signed with ThyssenKrupp and a large German carmaker who has not yet been named. But first the plant has to be built in Brandenburg. Rocktech has raised the money for this, among other things, through a capital increase and new shares placed at 3.50 Canadian dollars (around 2.70 euros). Although the measure had a short-term impact on the course, it brought around 30 million dollars of fresh capital into the coffers. Financially, Rocktech is now well-equipped for future growth. Hot stock for speculative investors.

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