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Pin to quick picksAlba Mineral Resources Share News (ALBA)

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IN BRIEF: GreenRoc wins grant; Alba Mineral notes announcement

Mon, 09th Oct 2023 13:30

Alba Mineral Resources PLC - UK and Greenland-focused mineral explorer - Says its portfolio company, GreenRoc Mining PLC, has been awarded a grant by the UK's Automotive Transformation Fund to part-finance a feasibility study into the establishment of a graphite spheronisation processing plant to produce active anode material in the UK from graphite concentrate delivered from GreenRoc's Amitsoq graphite project in southern Greenland.

GreenRoc Mining, a company focused on the development of critical mineral projects in Greenland, notes the grant is for GBP250,000.

Current Alba stock price: 0.084 pence, down 0.9% in London on Monday afternoon

12-month change: down 40%

Current GreenRoc stock price: 3.71 pence, up 1.9%

12-month change: down 13%

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 May 2022 18:07

IN BRIEF: UK Oil & Gas wins approval to convert HH-2z into water well

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - North Sea Transition Authority grants formal consent for the re-completion of Horse Hill-2z into a water reinjection well.

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13 May 2022 13:51

IN BRIEF: UK Oil & Gas and Alba get extension for work at Horse Hill

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - North Sea Transition Authority grants one-year extension for work programme at PEDL137 licence, which contains the producing Horse Hill oil field. The extension allows UKOG to drill a second well at Horse Hill's Kimmeridge oil pool, with work scheduled to begin before September 2023. UKOG owns an 86% stake in Horse Hill, and is the operator, with a 12% stake held by Alba Mineral Resources PLC. Horse Hill is an oil project near Gatwick Airport in southern England. In May, UKOG won a full production permit for the field.

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IN BRIEF: GreenRoc shares rise with upgrade of exploration target

GreenRoc Mining PLC - miners focused mineral projects in Greenland - Upgrades exploration target for the Amitsoq Island deposit in southern Greenland, following the maiden resource estimate. Increases target to tonnage range of 5 to 15 million tonnes at a grade range of 18% to 22% graphitic carbon from a tonnage range of 1.7 to 4.5 million tonnes at a grade range of 24% to 36% graphitic carbon.

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9 May 2022 11:55

GreenRoc CEO Kirk Adams leaves immediately for personal reasons

(Alliance News) - GreenRoc Mining PLC on Monday said Chief Executive Officer Kirk Adams has resigned for personal reasons.

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5 May 2022 13:21

IN BRIEF: UKOG shares rocket on environment permit win for Horse Hill

UK Oil & Gas PLC - London-based oil and gas company - Wins full production permit for its Horse Hill field from the UK Environment Agency. The project is 86% owned by UKOG, with a 12% stake held by Alba Mineral Resources PLC. The permit enables production and water re-injection operations, incineration of waste gas, maintenance and workovers, and the drilling of further development wells. Horse Hill is an oil project near Gatwick Airport in southern England. UKOG can now proceed with its plants to convert HH-2z into a water injector over the year, which would eliminate the requirement to take saline formation water from remote third-party sites, reducing costs.

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5 May 2022 11:22

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Alba reports strong results from recent Clogau sampling

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UK Oil & Gas lauds Horse Hill ruling that allows project continuation

(Alliance News) - UK Oil & Gas PLC on Friday announced that the appeal to overturn the legality of Horse Hill's planning consent has been refused by the Court of Appeal in the UK.

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Alba Mineral Resources upbeat on GreenRoc assay results

(Sharecast News) - Alba Mineral Resources updated the market on its portfolio company GreenRoc Mining on Friday, in which it holds a 54% majority interest.

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GreenRoc and Alba shares surge on high-grade graphite at Amitsoq

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