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RNS Number : 6229D GreenRoc Strategic Materials Plc 04 April 2025
GreenRoc Strategic Materials Plc / EPIC: GROC / Market: AIM / Sector: Mining
04 April 2025
GreenRoc Strategic Materials Plc
("GreenRoc" or the "Company")
GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the
development of critical mineral projects in Greenland, is pleased to announce
the launch of a new, interactive investor website. For both existing and
prospective shareholders, the website brings all GreenRoc content into a
single integrated platform to better inform and engage with investors and
stakeholders, including:
● Regulatory announcements
● Reports
● Presentations
● Educational material
● Interviews
● Corporate research
The updated site, the address of which remains unchanged
(https://greenrocplc.com/ (https://greenrocplc.com/) ), also provides an
interactive online experience allowing the GreenRoc stakeholders to comment on
and ask the GreenRoc team questions via a portal which will be monitored and
responded to in a timely manner.
How to sign up for the GreenRoc investor website:
1. Visit https://greenrocplc.com/ (https://greenrocplc.com/)
2. Follow the prompts to sign up for an investor hub account
3. Complete your account profile
Stefan Bernstein, Chief Executive Officer, commented:
"Our new website is designed to be a dynamic hub for current and prospective
investors in GreenRoc, providing them with clear, timely insights into our
projects, strategic direction and progress. By adopting this interactive
platform, we aim to strengthen transparency and deepen our engagement with
shareholders. We encourage everyone to follow our updates, and stay connected
as we continue to grow and deliver on our mission to become a key producer of
graphite active anode material for the European battery industry."
To view an additional video and the chance to have your questions directly
answered by the management team, please head to the website via:
https://greenrocplc.com/link/aP3mke (https://greenrocplc.com/link/aP3mke) .
Here you will find all company news and additional content to further explain
GreenRoc's strategy.
*ENDS*
For further information, please contact:
Investor questions on this announcement https://greenrocplc.com/s/f795de (https://greenrocplc.com/s/f795de)
We encourage all investors to share questions
on this announcement via our investor hub
GreenRoc Mining plc info@greenrocplc.com (mailto:info@greenrocplc.com)
Stefan Bernstein, CEO +44 20 3950 0724
Oberon (Broker) +44 20 3179 5300
Nick Lovering/Adam Pollock
Subscribe to our news alert service: https://greenrocplc.com/auth/signup
(https://greenrocplc.com/auth/signup)
About GreenRoc
GreenRoc Strategic Materials Plc is an AIM-quoted company, which is led by a
group of highly experienced mining industry professionals. The Company is
focused on fast-tracking the Amitsoq Graphite Project in Greenland into a
producing mine to meet critical demand from Electric Vehicle ('EV')
manufacturers in Europe and North America for new, high grade and
conflict-free sources of graphite. Amitsoq is one of the highest-grade
graphite deposits in the world with a combined Measured, Indicated and
Inferred JORC Resource of 23.05 million tonnes (Mt) at an average grade of
20.41% graphite, giving a total graphite content of 4.71 Mt, and significant
further upside beyond this. Test work has proven that Amitsoq graphite can be
readily upgraded to high-grade, anode-quality graphite, with higher than
99.95% purity and relatively little energy input, boding well for future
production costs and sustainability commitments.
A Preliminary Economic Assessment released on 31 October 2023 gives a post-tax
NPV8 for the Project of US$179M, an IRR of 26.7% and capex estimated at
US$131M (including a 25% contingency). These figures solely relate to the
economics of a mining and primary processing operation in South Greenland and
do not take into account any potential upside from a downstream processing
operation, which GreenRoc intends to establish. A Feasibility Study into the
establishment of a graphite spheronisation processing plant (published in May
and July 2024) shows a post-tax NPV8 for the project of US$621M, an IRR of
26.5% and capex estimated at US$340M (including a 25% contingency). The
Company has signed a Letter of Intent to secure an area for the Company's
future Active Anode Materials Plant in Southern Norway and has received
expressions of support from the European Raw Materials Alliance and the US
EXIM Bank for future development. In November 2024, GreenRoc and Morrow
Batteries a/s, a Norwegian Gigafactory signed a MoU to work together on a
regional supply chain of battery anode material and the Company received a
Letter of Interest from the Export and Investment Bank of Denmark (EIFO) in
January 2025.
GreenRoc also has the Thule Black Sands Ilmenite Project ('TBS') in Greenland,
which has an initial Mineral Resource of 19Mt at 43.6% Total Heavy Minerals
with an in-situ ilmenite grade of 8.9%.
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