For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251106:nRSF3953Ga&default-theme=true
RNS Number : 3953G GreenRoc Strategic Materials Plc 06 November 2025
GreenRoc Strategic Materials Plc / EPIC: GROC / Market: AIM / Sector: Mining
06 November 2025
GreenRoc Strategic Materials Plc
("GreenRoc" or the "Company")
Amitsoq Update - Graphite pilot processing plant
GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the
development of critical mineral projects in Greenland, is pleased to announce
that it has signed a purchase agreement with a leading manufacturing company
in China for a line of graphite processing mills and has also signed a rental
agreement for a site in Denmark for building and running the pilot plant.
GreenRoc will also attend the EU Raw Materials Week in Brussels 17-20 November
2025 and GreenRoc's CEO is invited to attend and speak at two sessions.
Highlights
· Purchase order has been placed with a company specialising in
graphite mills for the delivery of one set of mills.
· A rental agreement has been signed for a facility north of
Copenhagen to host GreenRoc's pilot processing plant for active anode material
("AAM").
· The mills are expected to arrive on site during Q1 2026.
· The Company has applied for and received the necessary permits
for establishing and operating the AAM pilot plant.
Details
Graphite mills
GreenRoc has signed a purchase agreement for the delivery of a set of mills
for the production of spheronised graphite from flake graphite feedstock. The
mills and associated set of air-classifiers, cyclones and dust filters are
designed and manufactured by a leading Chinese company specialising in the
production of processing lines for spheronised graphite and which has
previously delivered more than 100 full scale processing lines. The
spheronisation plant designed by the producer is known for its high
performance and robustness.
The set of mills for the pilot consists of one 600mm diameter micronising mill
with internal classifier to reduce the flake graphite particles to a uniform
and specified particle size. The micronised graphite is then introduced into
the 300mm diameter spheronisation mill with two sets of classifiers to
eventually produce spheronised graphite of a predetermined size category with
two types of bi-products.
The pilot mills are anticipated to be shipped in November 2025 with estimated
delivery at the Company's site in Denmark in Q1, 2026.
GreenRoc's pilot plant will also include a division for purification of the
spheronised graphite and the Company is presently in the design phase for that
equipment and expects to place an order before the year end.
GreenRoc's CEO Stefan Bernstein inspecting graphite mills in production.
Pilot plant site
GreenRoc has signed a rental agreement for a ca 300m(2) warehouse in Kokkedal
Industrial Park, Hørsholm, Denmark, which is located ca 20km north of central
Copenhagen. The site is ideal for the pilot plant with ample space for running
various tests and storage of graphite and products. It is only 2km from the
motorway with easy access for trucks etc. The warehouse is currently
undergoing some restoration and will be ready for use by January 2026.
GreenRoc applied to Hørsholm Municipality's technical department for approval
of running the pilot plant including the mills and chemical purification and
this was received in October 2025.
EU Raw Materials Week
At the annual Raw Materials Week held in Brussels during 17-20 November 2025,
GreenRoc's CEO is invited to be part of a panel in the session "Improving CRM
supply chain resiliency for Europe by integrating overseas natural graphite
projects with added value in Europe" and is also invited to speak at the
session "Strategic Partnership on raw materials between the EU and Greenland".
GreenRoc's CEO, Stefan Bernstein, commented:
"I am very happy that we have agreed with the equipment manufacturing company
to provide the mills for our pilot plant. The manufacturing company is
specialised in this business and makes some of the best mills on the market.
At our recent visit we inspected the production facilities and some of the
full-scale production lines and were impressed by the level of skills and
ingenuity.
"It is also perfect timing that we have also now secured the site for the
pilot plant. We have been planning this for some time and navigating the
process of obtaining the necessary permits for establishing and running the
plant. With those and the rental agreement in place we are ready to receive
the equipment in January 2026 and start building the plant - a very exciting
year is ahead for GreenRoc!"
*ENDS**
For further information, please contact:
Investor questions on this announcement https://greenrocplc.com/s/f795de (https://greenrocplc.com/s/f795de)
We encourage all investors to share questions
on this announcement via our investor hub
GreenRoc Strategic Materials Plc info@greenrocplc.com (mailto:info@greenrocplc.com)
Stefan Bernstein, CEO +44 20 3950 0724
Cairn Financial Advisers LLP (Nomad)
Sandy Jamieson / Louise O'Driscoll +44 20 7213 0880
Oberon (Broker) +44 20 3179 5300
Nick Lovering/Adam Pollock
About GreenRoc
GreenRoc Strategic Materials Plc is an AIM-quoted UK public company focused on
developing the Amitsoq Graphite Project in Greenland into a producing mine to
meet critical demand from Electric Vehicle ('EV') manufacturers in Europe and
North America for new, high grade and conflict-free sources of graphite.
Amitsoq is one of the highest-grade graphite deposits in the world with a
combined Measured, Indicated and Inferred JORC Resource of 23.05 million
tonnes (Mt) at an average grade of 20.41% graphite, sufficient to sustain
several decades of mining.
The plans for the Amitsoq Project include the construction of a facility to
further process the mined graphite into active anode material - an
indispensable component of Li-batteries - which plans have independently and
positively evaluated to prefeasibility study stage.
GreenRoc has entered into a partnership with the Norwegian battery
manufacturer Morrow Batteries to establish a regional supply chain. The
Amitsoq Project has been designated a Strategic Project by the EU and in March
2025 it was also ESG-certified by Digbee™, an independent platform which
provides sustainability assessments for the mining industry. In October 2025,
GreenRoc signed a binding secured loan facility for EUR 5.2 million from the
Export and Investment Fund of Denmark ("EIFO"), for the financing of the
Company's work programme.
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or
anticipated future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and uncertainties, such
as general economic, market and business conditions, competition for qualified
staff, the regulatory process and actions, technical issues, new legislation,
uncertainties resulting from potential delays or changes in plans,
uncertainties resulting from working in a new political jurisdiction,
uncertainties regarding the results of exploration, uncertainties regarding
the timing and granting of prospecting rights, uncertainties regarding the
timing and granting of regulatory and other third party consents and
approvals, uncertainties regarding the Company's or any third party's ability
to execute and implement future plans, and the occurrence of unexpected
events.
Actual results achieved may vary from the information provided herein as a
result of numerous known and unknown risks and uncertainties and other
factors.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END UPDPKPBQDBDBDDK
Copyright 2019 Regulatory News Service, all rights reserved