Blencowe Resources has updated the DFS for its Orom-Cross graphite project in Uganda, increasing NPV by 15% to US$1.254 billion while keeping capital costs unchanged.
The revised model reflects new offtake agreements, growing demand for non-Chinese graphite products, and expanded downstream processing opportunities.
With funding discussions progressing and major tenders underway, the company believes Orom-Cross is well positioned to support future growth.
