Member Info for wolfi

It is well known that Chinese producers control over 95% of synthetic graphite anode material manufacturing globally.

Some sources note more than 90% or over 95% for battery-grade graphite overall (including processed synthetic), with projections holding through 2030–2035 in many cases ( >95% control of battery-grade graphite supply, heavily synthetic-driven). We all know that for natural flake graphite to be used in battery manafacture it has to be of the highest purity and that is what Orom - Cross has. So with the 160% tariff being placed on Chinese graphite this is going to create huge demand in the West from battery manafactures to secure supply of pure natural flake. Let the scramble begin !

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other Western jurisdictions provides additional support for the development of non-China graphite supply chains and reinforces the long-term relevance of Orom-Cross.

Further assay results from Iyan and Beehive are expected to be reported progressively, building toward updated JORC Resource statements and continued advancement of the Project toward development.

Comment from Cameron Pearce, Executive Chairman

"The scale of the US AD/CVD measures highlights the structural realignment now underway in the graphite market. As trade policy reshapes supply chain economics, secure upstream graphite supply outside China becomes increasingly critical.

Orom-Cross is being developed as a scalable, long-life graphite platform capable of supporting both battery and advanced industrial applications. As we continue to expand the resource base and progress funding discussions, the broader policy environment is moving firmly in favour of projects such as ours."

Blencowe Resources PLC US AD/CVD Ruling Supports Non-China Supply

16/02/2026 7:00am

RNS Regulatory News

RNS Number : 1422T

Blencowe Resources PLC

16 February 2026

Date: 16 February 2026

Blencowe Resources Plc

("Blencowe" or the "Company"),

US Graphite Trade Measures Reinforce Strategic Case for Non-China Supply

Growing strategic importance for near-term production from a high-quality, large-scale supplier

Highlights

· Aggregate antidumping and countervailing duties ("AD/CVD") of approximately 160% on graphite active anode material ("AAM") imports from China

· Final affirmative determination by US International Trade Commission expected in March 2026

· Provides additional support for the development of non-China graphite supply chains and reinforces the long-term relevance of Orom-Cross

Blencowe Resources Plc (LSE: BRES) notes the recent determination by the US Department of Commerce imposing aggregate antidumping and countervailing duties ("AD/CVD") of approximately 160% on graphite active anode material ("AAM") imports from China, subject to a final affirmative determination by the US International Trade Commission expected in March 2026.

The measures, if affirmed, are expected to apply for a minimum period of five years and are additive to existing US trade tariffs. The ruling represents a significant structural shift in the competitive dynamics of the global graphite supply chain and is expected to materially increase the landed cost of Chinese-origin AAM into the United States, subject to final determination.

Structural Implications for the Graphite Market

The imposition of AD/CVD measures at this scale reinforces the accelerating policy-driven transition toward secure, diversified, non-China graphite supply chains across both battery and advanced industrial markets. As Western governments seek to support domestic and allied processing capacity, the importance of scalable, high-quality upstream graphite feedstock outside China becomes increasingly strategic.

Blencowe's Orom-Cross Project in Uganda is advancing as a large-scale, long-life graphite development positioned to support this evolving supply landscape. The ability to supply high-quality graphite feedstock suitable for multiple advanced industrial and strategic applications is central to the Project's strategic positioning. Ongoing resource definition at the Iyan and Beehive deposits is building toward updated JORC resource statements designed to support long-term development planning.

These developments underpin the long-term development case for Orom-Cross across multiple high-value end markets.

Funding and Development Alignment

Blencowe is progressing funding and offtake discussions in parallel with continued resource growth and technical advancement. The strengthening policy backdrop in the United States and other Wes

Https://elements.visualcapitalist.com/how-many-new-mines-are-needed-for-the-energy-transition/?fbclid=IwY2xjawP8H_VleHRuA2FlbQIxMABicmlkETJwOE8zYTdjSkJnUnRnMTJvc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHqAjkOMQ3-4dHWsep8iehmB7onpNazkjeDfvscTn30HLLHMgkMiLp4XyjJDy_aem_N7UQlLCSVrMuTu-0i0OL2w

Yes Jam, you only have to look at Element Six website to see how big the market is.

https://www.e6.com/en

A offtake agreement with Element Six part of the De Beers group would go down well as Element Six is the world's leading producer of synthetic diamond supermaterials.

More good news, another string to the Blencore bow.

What has Ajax got to do with BRES.

I wonder If BRES can benefit from this;

https://www.reuters.com/world/china/trump-launches-12-billion-minerals-stockpile-counter-china-bloomberg-news-2026-02-02/

Big 2m sell from yesterday.

Next news will be soon with more drill results probably from Iyan released.

Https://x.com/BlencoweRes/status/2013869173802443127?s=20

Do we take it from that, that they have received multiple funding offers and are working out what offer is best for BRES.

Scaffman - If Uganda is stable enough for the British Government to invest heavily in, then it's good enough for me.

Below taken from the Foreign office website;

The UK has invested heavily in the agriculture, infrastructure and energy sectors. UK expertise is well-respected and is exemplified by UK companies winning strategically important commercial deals to build an international airport in northern Uganda and construct the largest industrial park in Uganda. Uganda is open to foreign direct investment and significant opportunities are available for UK companies, especially in agriculture, infrastructure and energy which the Government of Uganda see as key for Uganda’s economic transformation.

According to this recent article , the graphite market is set to nearly double in the next 8 years, so i shouldn't worry to much about Samsung's AgC battery.

https://www.fortunebusinessinsights.com/graphite-market-105322

I also think a takeover will likely happen. Directors leaving , also Hanna moving to a project manager position, now leaving AIM, just seems like they are cleaning up the company ready for a takeover. imo

Loads of Buys going through, great trading opportunity at the moment

Aim has far more Artemis shares traded than the Asx market.

David Burton on X ;

https://x.com/DavidBurton1971/status/2010975165086077267?s=20

Well i don't know what metric they use to value gold in the ground in the USA, but the value of the JORC resource at JKL can't be far off the Mkt cap of LEX.