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GreenRoc Mining PLC ( (GB:GROC) ) just unveiled an update.
GreenRoc Strategic Materials Plc has announced significant progress in its Amitsoq Graphite Project, including the purchase of graphite processing mills from a leading Chinese manufacturer and securing a site in Denmark for a pilot processing plant. The company has received necessary permits and plans to start operations in early 2026, positioning itself to enhance its supply chain for active anode material, a critical component for lithium batteries. This development is expected to bolster GreenRoc’s industry positioning and contribute to the EU’s strategic raw materials supply chain.
More about GreenRoc Mining PLC
GreenRoc Strategic Materials Plc is an AIM-quoted UK public company focused on developing the Amitsoq Graphite Project in Greenland. The company aims to supply high-grade, conflict-free graphite to meet the critical demand from Electric Vehicle manufacturers in Europe and North America. Amitsoq is recognized as one of the highest-grade graphite deposits globally, and GreenRoc is working on establishing a regional supply chain in partnership with Morrow Batteries.
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Technical Sentiment Signal: Buy
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