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
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Alba Mineral Resources (ALBA)
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