Rock Tech Lithium (RCK) investor relations material

Market opportunity and industry trends

• Global battery market expected to grow over threefold from 2025 to 2035, driven by electrification and AI data center demand.

• Lithium is essential for high-performance batteries, with regional supply independence becoming critical.

• North America and Europe are accelerating investments to reduce reliance on Chinese lithium imports.

• Batteries are now considered critical infrastructure, with EVs, energy storage, and defense sectors driving lithium demand.

• Governments are enforcing supply security, channeling capital and strategic support to converters.

Supply chain and conversion bottleneck

• Western battery supply chains lack scaled lithium conversion capacity, with 90% of hard rock converters located in China.

• A scalable converter blueprint has been built, permitted, and validated to close this gap in Europe and North America.

• The company is securing a diversified feedstock base from both internal and external sources.

• Battery-grade lithium products are targeted for key customers, including major automotive OEMs.

Project portfolio and financials

• Three core assets: Guben Converter (Germany), Red Rock Converter (Ontario), and Georgia Lake Mine (Ontario).

• Guben Converter: Fully permitted, 24 ktpa LHM capacity, EUR 1.02bn NPV, 18% IRR, production start in 2028.

• Red Rock Converter: 32 ktpa LCE capacity, CAD 2.3bn NPV, 22% IRR, Siemens partnership, production targeted for 2029.

• Georgia Lake Mine: 100 ktpa SC6, CAD 200m NPV, 36% IRR, PFS complete, production possible from 2028.

• Platform model enables earlier cash flows via management fees and royalties, with strong infrastructure and government support.