Rock Tech and Ronbay to conquer the European battery market
Ronbay Technology and Rock Tech Lithium sign Strategic MoU on Extensive Local Battery Materials Partnership in Europe
Europe is a land of conquest in the battery field, and Rock Tech Lithium and Ronbay Technology have teamed up to gain market share. Rock Tech Lithium, a German-Canadian cleantech company developing lithium refining capacity in Europe and Ronbay Technology, a global leader in cathode active materials (CAM), announced the signing of a strategic MoU aimed at creating a fully localized integrated lithium-ion battery materials supply chain in Europe.
The highlights of the Rock Tech and Ronbay agreement
The core aspects of this cooperation, as outlined in Rock Tech’s official, are:
- Integrated Local Battery Materials Supply Chain: Both companies intend to build an integrated local battery materials supply chain in Europe, which includes a potential investment.
- Ronbay to Purchase Lithium Hydroxide: Ronbay will purchase battery-grade lithium hydroxide from Rock Tech.
- Ronbay’s Backing for Guben Converter: Rock Tech’s Guben Converter will be developed with full backing by Ronbay.
At the core of this strategic partnership is the long-term supply of battery-grade lithium hydroxide from Rock Tech to Ronbay’s European cathode production facilities in order to produce battery related components for European demands. Consequentially, Ronbay offers direct support, including technical resources and potential investment, to ensure a rapid continuation of Rock Tech´s converter development in Guben, Germany. With Rock Tech’s Guben Converter located at the German-Polish border and Ronbay’s CAM facility in Poland this strategic partnership covers an important part of the local battery production as Europe accelerates its transition to sustainable energy storage and electric mobility.
Hearing from Rock Tech
“Ronbay’s interest in sourcing lithium locally produced in Europe is a clear signal of strategic alignment. This partnership will act as a flywheel, accelerating and amplifying our shared commitment to building a resilient battery value chain in Europe” says Mirco Wojnarowicz, CEO of Rock Tech Lithium. “With Ronbay’s technical expertise and local CAM operations in Europe, we enhance our ability to fast-track execution and scale operations with greater efficiency.”
