GreenRoc Strategic Materials (AIM:GROC) is focused on the development of critical mineral projects in Greenland. It has signed a memorandum of understanding with Morrow Batteries ASA a Norwegian company dedicated to developing and manufacturing sustainable and high-performance lithium-ion battery cells.
GreenRoc's CEO, Stefan Bernstein explains the significance of the potential deal which has been described as 'transformational.'
In this interview, investors will learn:
- What are the benefits of the potential tie up in addition to Morrow's proximal location to GreenRoc's planned active anode material plant
- When the memorandum will become an enforceable contract
- How far advanced the paperwork is on the creation of a wholly owned Norwegian registered company NorGraph, and how this will open the company to funding opportunities from the European Innovation Council
- What was extrapolated from the recent trade mission to General Motors (NYSE:GM)
- Whether production at the Amitsoq graphite project is still on course for the first half of 2028
Reasons to add GROC to your watchlist:
- World class graphite deposit at Amitsoq in Southern Greenland
- Positive PEA economics for Amitsoq
- Pre-Feasibility Study for Amitsoq due 2024
- Developing a high-margin processing plant for high-quality, stable source of feedstock in Norway
- Preliminary Feasibility Study for the Anode processing plant illustrates exceptional processing plant economics
- GROC is one of only a handful of European vertically integrated graphite miners also intending to process anode grade graphite for EV’s
- The EU’s Critical Raw Materials Act provides concrete supply chain targets and deadlines with potential funding
Stefan Bernstein, CEO of GreenRoc Strategic Materials, was interviewed by Sarah Lowther for focusIR.
GreenRoc Strategic Materials (GROC)
