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Rock Tech Lithium stock: The Mercedes deal! - Financial Trends

Rock Tech Lithium stock: The Mercedes deal!

Rock Tech Lithium has made significant headlines recently. The company reported a deal with the Mercedes-Benz Group. This had come to light as part of the traffic light government’s trip to Canada, which had been conducted together with representatives from the business community. The Stuttgart-based company will receive approximately 10,000 tons of lithium hydroxide (LiOH) per year starting in 2026.

This would bring a high utilization rate even before the construction of the announced converter, according to the news. The converter would thus already be able to sell 60% of its capacity.

Rock Tech Lithium: There may be more orders to come

According to the company, this would by no means rule out the possibility of Mercedes Benz taking more. Further contracts for deliveries are possible. However, this prospect has not yet led to a major breakthrough on the stock markets. Previously the prices had slid over the period of one month around over 9% downward. Since the beginning of the year, which documents the mood on the stock markets very well, the stock has even fallen by over -42%.