Mike Ralston, CEO of Blencowe Resources Plc (LSE:BRES), the London-listed graphite development company advancing the Orom-Cross Graphite Project in Uganda, outlines the company's plans for 2025 and milestones investors should watch for.
In this interview, investors will hear:
- What makes Orom-Cross a standout project compared to other graphite peers
- How potential tariffs from China may impact Blencowe and its flagship graphite project in Uganda
- Macro-trends and opportunities for BRES in 2025
-The key objectives the company is looking to achieve in 1H25 and potential investor newsflow
Reasons to add Blencowe Resources Plc (LSE:BRES) to your watchlist:
- Orom-Cross is one of the world's largest estimated graphite deposits
- Pre-Feasibility Study (2022) indicates long-life, high margin, low CAPEX mining operation with a post-tax NPV8 of US$482m
- 21 year Mining License awarded in 2019 and all other permits in place
- 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
- The project has received full Minerals Security Partnership accreditation which provides international exposure at the highest level
- BRES is now within the Definitive Feasibility Study phase as it works towards first production
- DFS underway, Phase 2 metallurgical testwork completed, bulk sample testing in China underway
- First production targeted 2025
Mike Ralston, CEO of Blencowe Resources was interviewed for focusIR by Andrew Scott.