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GreenRoc Reports Financial Gains in Mining Project

GreenRoc Reports Financial Gains in Mining Project

GreenRoc Mining PLC (GB:GROC) has released an update.

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GreenRoc Strategic Materials Plc has announced enhancements to its Preliminary Feasibility Study, showing improved financial metrics for its planned graphite mine’s anode plant in South Greenland. Notable updates include a modest capital expenditure increase but significant operational cost reductions and a 14% rise in the project’s after-tax net present value. The company is also exploring an eco-friendlier alkaline purification method, potentially reducing costs further and advancing its position in the electric vehicle supply chain.

For further insights into GB:GROC stock, check out TipRanks’ Stock Analysis page.

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