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  • January 7, 2022
  • Industry News
Beardmore-area mine developer cashes up to process Ontario lithium material in Europe

Rock Tech Lithium, owners of a lithium deposit in northwestern Ontario, are poised to start construction this year on a processing plant in Germany that will be fed by its mine project near Lake Nipigon.

The Vancouver-based junior miner, with strong European connections, announced Dec. 30 that it has raised U.S.$39.6 million (Cdn$50.7 million) of which a portion is earmarked to develop of its spodumene deposit, the Georgia Lake Project, in the Beardmore area.

Spodumene is the most widely used lithium because of its high lithium content.

Read the entire story from Northern Ontario Business HERE.

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