RE: GROC RNS27 Aug 2024 07:04
GreenRoc's CEO, Stefan Bernstein, commented:
"I am very pleased that our search for the best location for our AAM plant has ended with such an attractive location. Norway has amongst the lowest energy prices in Europe and also the lowest CO2 emission per unit of produced electrical energy. Eyde Material Park has been able to offer flexible terms which allows us to plan ahead for the coming time. Another attraction is that Norway has a National Battery Strategy with a variety of financial and other support programs in place to help industries such as ours, to get started. In addition, Norway has a long tradition of hosting heavy processing industries and has all the necessary regulations in place to ensure that such activities are undertaken with due respect for working conditions as well as the environment.
"It is also with great anticipation that we have filed our applications for both our Amitsoq Graphite Mine and our future Graphite AAM Plant to be designated as Strategic Projects under the EU's Critical Raw Materials Act. Becoming a Strategic Project will not only provide access to the public financing of our work programmes but also enhance our profile and attractiveness to potential offtakers and other strategic partners.
"Lastly, I am pleased to report that we have now sent our Project Description for the Amitsoq Mine to the Government of Greenland for final approval, prior to the public consultation which is expected to take place this autumn. This is an important step towards the grant of an Exploitation Licence for the project."
GreenRoc's CEO, Stefan Bernstein, commented:
"I am very pleased that our search for the best location for our AAM plant has ended with such an attractive location. Norway has amongst the lowest energy prices in Europe and also the lowest CO2 emission per unit of produced electrical energy. Eyde Material Park has been able to offer flexible terms which allows us to plan ahead for the coming time. Another attraction is that Norway has a National Battery Strategy with a variety of financial and other support programs in place to help industries such as ours, to get started. In addition, Norway has a long tradition of hosting heavy processing industries and has all the necessary regulations in place to ensure that such activities are undertaken with due respect for working conditions as well as the environment.
"It is also with great anticipation that we have filed our applications for both our Amitsoq Graphite Mine and our future Graphite AAM Plant to be designated as Strategic Projects under the EU's Critical Raw Materials Act. Becoming a Strategic Project will not only provide access to the public financing of our work programmes but also enhance our profile and attractiveness to potential offtakers and other strategic partners.
"Lastly, I am pleased to report that we have now sent our Project Description for the Amitsoq Mine to the Government of Greenland f
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