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Rock Tech Lithium secures up to US$80 million prepayment facility for Georgia Lake project through a binding spodumene offtake agreement with Transamine SA.
Amount Raised
$80 Million
Round Type
Venture
Description
Rock Tech Lithium has signed a long-term offtake agreement with Transamine SA for spodumene concentrate produced at its Georgia Lake project. The agreement includes a development prepayment facility of up to US$80 million. Deliveries are set to begin in 2028, ramping up to 100,000 dry metric tonnes annually. This marks a significant advancement in Rock Tech's lithium supply chain strategy.
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Rock Tech Lithium raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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