Rock Tech Lithium Inc. Receives $388,074 in Funding from Ontario's Critical Minerals Innovation Fund

Published: 2025-06-23 07:20:41 ET RCK.V

Published on 06/23/2025 at 07:20

Rock Tech Lithium Inc. announced that it has received $388,074 in funding from Ontario's Critical Minerals Innovation Fund ("CMIF") to support the development of an ore sorting process for low-grade spodumene ores. This strategic initiative is being conducted in partnership with Queen's University and Stark Technologies and aims to unlock new economic and environmental value from lithium deposits at Rock Tech's Georgia Lake site near Beardmore, Ontario. The funding will accelerate research and pilot testing of innovative ore sorting solutions that target 80% lithium recovery rates from low-grade ores (0.3­0.5% Li O), traditionally considered uneconomic.

The goal is to enhance the viability and sustainability of lithium production in Canada, directly supporting the province's critical minerals strategy and clean energy transition.