U.S. Tariffs on Chinese Graphite Bolster Blencowe’s Orom-Cross Strategy

The latest update is out from Blencowe Resources Plc ( (GB:BRES) ).

Blencowe Resources said recent U.S. anti-dumping and countervailing duties of about 160% on graphite active anode material imports from China, if confirmed in March and lasting at least five years, would significantly raise the cost of Chinese material into the U.S. and accelerate a policy-driven shift toward diversified, non-China graphite supply. The company argues these trade measures, alongside Western efforts to build domestic and allied processing capacity, strengthen the strategic case for its Orom-Cross project, where ongoing drilling at the Iyan and Beehive deposits, plus parallel funding and offtake talks, are aimed at positioning the Ugandan asset as a key long-term supplier to multiple high-value end markets.

Blencowe is advancing Orom-Cross as large-scale source of high-quality graphite feedstock. New U.S. tariffs on Chinese graphite are seen as boosting the project’s strategic value.

Blencowe is progressing funding and offtake discussions alongside resource growth at Orom-Cross. The firm expects further assay results and updated resource statements to support long-term development planning amid shifting global supply chains.

The most recent analyst rating on (GB:BRES) stock is a Hold with a £8.50 price target. To see the full list of analyst forecasts on Blencowe Resources Plc stock, see the GB:BRES Stock Forecast page.

Spark’s Take on GB:BRES Stock

According to Spark, TipRanks’ AI Analyst, GB:BRES is a Neutral.

The score is held down primarily by weak financial performance (no revenue, recurring losses, and worsening cash burn in 2025). Technicals provide a meaningful offset with a clear uptrend (price above key moving averages) and positive momentum (MACD>0, RSI near 59). Valuation remains unattractive/unclear due to negative earnings and no dividend yield data.

To see Spark’s full report on GB:BRES stock, click here.

More about Blencowe Resources Plc

Blencowe Resources Plc is a London-listed resources company focused on developing the Orom-Cross graphite project in Uganda. The project is designed as a large-scale, long-life source of high-quality graphite feedstock aimed at supplying both battery manufacturers and advanced industrial markets, with a particular focus on non-China supply chains.

Average Trading Volume: 5,256,002

Technical Sentiment Signal: Buy

Current Market Cap: £40.33M

Learn more about BRES stock on TipRanks’ Stock Analysis page.