Blencowe Resources Plc (LSE:BRES) has announced it has joined the international SAFELOOP consortium.
Managed under the European Commission’s €100 billion Horizon Europe Programme, the initiative is focussed on the EU's renewable energy transition.
In this interview, investors will hear:
- The role the company's Orom-Cross project will play to supply natural flake graphite concentrate for use in SAFELOOP batteries
- More about SAFELOOP pricing for graphite and how that compares to similar concentrate sold elsewhere.
- How this initiative fits into the company's wider offtake strategy
- What further opportunities the collaboration may present for the Orom-Cross project.
- The significance of Orom-Cross graphite undergoing EU Green Passport evaluation
Reasons to add Blencowe Resources Plc (LSE:BRES) to your watchlist
- Orom-Cross is one of the world's largest estimated graphite deposits
- The project has received full Minerals Security Partnership accreditation which provides international exposure at the highest level
- Plans to build an in-country downstream purification facility in Uganda to upgrade graphite concentrate to battery ready SPG - making Blencowe one of the few delivering 99.95% purified graphite products outside of China
- Has joined the international SAFELOOP consortium - a €100 billion European initiative focussed on the EU's renewable energy transition.
- BRES is now within the Definitive Feasibility Study phase as it works towards first production.
