RE: GreenRoc RNS.. AGM and Full Year results30 May 2024 08:57
OUTLOOK
GreenRoc has set its intention to become one of the first, if not the first, vertically integrated producer of European, domestically sourced AAM for the fast-growing battery industry ...
In a geopolitical landscape where Western nations are scrambling to secure their supply chains of critical raw materials, Greenland is seeing an increasing interest in its large-scale projects from the European Union, as well as from individual countries such as the USA, the UK, Japan and South Korea. We are already seeing the tangible results of this with a pipeline of governmental support programmes having either been already implemented or announced by a wide range of nations and intergovernmental bodies. This support is expected to result in political and financial support to projects which can deliver high-quality critical raw materials with high ESG standards to support the energy transition in the Western world. One of the most obvious candidates for this is GreenRoc and our Amitsoq Graphite Project. (SB)