Welcome to this “year in review” conversation with Blencowe Resources (LON:BRES) which is progressing the Orom-Cross graphite project in Uganda.
Chief executive Mike Ralston explains the strategic progress achieved throughout 2025, including the exceptionally strong results from the Definitive Feasibility Study, and why the Company is perfectly positioning to achieve pilot production in 2026.
In this interview investors will learn:
- How much graphite is estimated to be contained at Orom-Cross
- How BRES could potentially deliver US$2 billion free cash over the initial 15 years Life-Of-Mine
- Why the Orom-Cross project is socially responsible and beneficial to the local Lukoma community
- What operational and financial support the company has already received from local stakeholders and government departments
- Who Ralston has been visiting and why the company is now attracting Tier One funding partners
- What the offtake profile might look like once production has commenced in 2026
- What newsflow investors should anticipate during 2026
Reasons to add Blencowe Resources Plc (LSE:BRES) to your watchlist:
- Blencowe is 100% owner of the Orom-Cross Graphite project in Uganda, one of the world's largest estimated graphite deposits
- Shallow mineralisation supports low-cost mining profile
- 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
- BRES has received US$5m grant from the DFC, an LoI for funding from the AFC, a member of the international SAFELOOP consortium - a €100 billion European initiative focused on the EU's renewable energy transition - and received full Minerals Security Partnership accreditation
- First pilot production expected in 2026
Mike Ralston, CEO of Blencowe Resources was interviewed for focusIR by Sarah Lowther.
