Blencowe Resources (LSE:BRES) says its Orom-Cross Graphite Project in Uganda has been selected as the exclusive supplier of natural flake graphite for Project SAFELOOP - the European Union’s flagship Gen3 battery initiative.
Chief executive Mike Ralston explains the significance of the tie up and what it demonstrates about the quality of the company’s asset.
What Investors Will Learn:
- Why: Blencowe Resources is being chosen as the exclusive supplier for Project Safe Loop
- What: it means for the company's reputation and market position
- What: the benefits of natural versus synthetic graphite are in terms of sustainability and market dynamics
- When: the current testing phase will complete
- How: demand for natural flake graphite looks set to increase
- How: the ongoing drilling campaign in progressing and the resource and reserve estimates are progressing
- How: the potential for multiple cornerstone off-take partners could materialise
Mike Ralston, CEO of Blencowe Resources was interviewed for focusIR by Sarah Lowther.
