Stefan Bernstein, CEO of Greenroc, explains the benefits of the EU/Greenland critical minerals Act
Stefan Bernstein, CEO of GreenRoc Mining (AIM:GROC), the developer of critical mineral projects in Greenland, explains why he believes the Amitsoq Graphite Mine in Southern Greenland could become a strategic project under the EU's Critical Raw Materials Act.
Greenland has 25 individual critical minerals, and the fact that EU Commission President Ursula von der Leyen personally opened a new EU office in the capital is a strong signal how serious they are about building a critical minerals supply chain between Greenland and Europe.
GreenRoc is ideally placed to be the target for funding from the €500m battery metals fund being established by the European Battery Alliance.
In this interview, investors will hear:
• Why the EU/Greenland Partnership Agreement is important
• Why this makes a difference to GreenRoc and the Amitsoq Graphite Project
• How the Critical Raw Materials Act will benefit GreenRoc
• Why the European Battery Alliance are setting up a Euro 500M supply chain fund
• Catch up with what happened at PDAC in Toronto, the world’s most influential mining convention
“I expect the next year or so to be really exciting for companies such as ours to see what kind of support the EU could provide.” explained Stefan Bernstein, CEO, GreenRoc Mining.
Reasons to add GreenRoc Mining to your Watchlist:
• GreenRoc has a World Class Graphite resource at Amitsoq
• Demand for critical battery materials (Graphite) set for 4x increase
• Well positioned in Greenland to supply both Europe and the US
• Positive PEA enables GreenRoc to develop its work programme for 2024 and beyond
• Ongoing discussions with several potential off takers
• Pre-Feasibility Study for Amitsoq due 2024
Stefan Bernstein, CEO of GreenRoc Mining was interviewed by Donald Leggatt, IR Media Director at focusIR.