RE: RNS23 Nov 2022 07:15
GreenRoc's CEO, Stefan Bernstein, commented:
"Amitsoq is shaping up to be a world-class graphite project. We are absolutely focused on fast-tracking the development of the asset to create a new, sustainable source of high quality graphite that can support the rapidly growing EV battery market, where there is critical supply demand. With this in mind, I am delighted to announce that we have agreed with leading industry experts ProGraphite, who have previously provided laboratory test work and analytical services to us, to expand their remit to cover advice on the commercial aspects relating to the processing, sale and marketing of graphite. Their extensive industry experience and network should prove invaluable as we look to refine our processing techniques and identify commercial partners.
"We are also pleased to be progressing the detailed analytical and processing programme for our Amitsoq graphite ore. The Board's decision to appoint UVR-FIA for bulk sample processing and GEUS for mineralogical work means that these important technical elements, which will feed directly into the upcoming Scoping Study, will be placed in the hands of leading experts in their respective fields. The Scoping Study, EIA and SIA will be the focus of our 2023 work programme and keep us on track to production.
"Earlier this month I had the pleasure of visiting the Maastricht operations of Asbury Graphite and Carbons NL, a top-ranking graphite supply company with its headquarters in the US. The meeting was both inspiring and useful and provided a lot of insight into the downstream graphite market. In recent weeks, we have held a number of initial exploratory meetings with potential customers, including with representatives of European car manufacturers and gigafactories. I expect these meetings to continue and intensify in the coming months as we seek the best commercial partners for Amitsoq."
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