Rockfire Resources Company Research (ROCK)

Rockfire Resources plc (ROCK.L) is capturing investors' attention as several industry developments have spurred interest in its Molaoi Zinc-Germanium Project. In early December (03.12.24), the Chinese Government officially announced a ban on the export of germanium to the US. Germanium is used in electronic computer/phone chips, has important military applications, and has been designated a critical mineral by the US, UK, Australia, India and the EU. This was followed by increased press coverage of the UK’s Critical Minerals Intelligence Centre adding zinc to the UK’s critical minerals list at the end of November. Zinc is essential for galvanising steel protecting against rusting and is also an important additive in many day-to-day applications such as soap, shampoo, paint, toothpaste, cosmetics and pharmaceuticals. Zinc is also included on the US, Canadian and Korean critical mineral lists. Rockfire recently raised £1.0m via a Placing and Retail Offer that will be used to continue the development of its Molaoi zinc/silver/lead/germanium project.