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Edison Investment Research is terminating coverage on Rock Tech Lithium. Please note you should no longer rely on any previous research or estimates for this company. All forecasts should now be considered redundant.
Previously published reports can still be accessed via our website.
Metals & Mining
Metals & Mining
Metals & Mining
Metals & Mining
Since our last note on the company in June, Rock Tech (RCK) has announced the results of an updated preliminary economic assessment (PEA) on its Georgia Lake lithium project in Canada and raised an additional C$8.5m. The updated PEA used the economic outputs of its October 2018 PEA to include a lithium hydroxide converter to create a fully integrated mining and processing operation. Operating at nameplate capacity, the converter would consume Georgia Lake’s production over 10 years to produce 15,000tpa of battery-grade lithium hydroxide. An alternative case considered a 24,000tpa converter that would operate over 20 years and would require RCK to supplement the feedstock from Georgia Lake with material from third-party spodumene producers.
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