01:09 PM EDT, 08/12/2025 (MT Newswires) -- Rock Tech Lithium ( RCKTF ) shares were last seen up 3.3% after the company on Tuesday said it received further research funding from the German Government for its Efficient Lithium Recovery Using Selective Processes (ELiSePro) project.

The total funding amounts to 0.25-million euros from the Federal Ministry for Research, Technology and Space and is set to be conducted in partnership with RWTH Aachen University. The project aims to enhance Germany's raw material independence by improving the lithium yield converter process at the company Guben site.

"This funding supports the technological advancement of the German and European battery industry - and even (if) it's a relatively small amount, it's an important step towards building additional know-how for strengthening security of supply for critical raw materials and building sustainable value chains in Europe," chief executive Mirco Wojnarowicz said.

The company's shares were last seen up $0.03 to $0.94 on the TSX Venture Exchange.

Price: 0.94, Change: +0.03, Percent Change: +3.30