REG - GreenRoc Strategic - GreenRoc Consortium Receives £1.2m Danish Grant

GreenRoc Strategic MaterialsAnnouncement

15/12/2025 07:00

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RNS Number : 5475L  GreenRoc Strategic Materials Plc  15 December 2025

GreenRoc Strategic Materials Plc / EPIC: GROC / Market: AIM / Sector: Mining

 

15 December 2025

GreenRoc Strategic Materials Plc

("GreenRoc" or the "Company")

 

GreenRoc Consortium Receives £1.2m Danish Grant

 

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the
development of critical mineral projects in Greenland, is delighted to
announce that its wholly owned Danish subsidiary GreenRoc DK a/s, together
with its consortium partners, has been granted a sum of up to DKK 10,448,826
(ca £1.2m) for its proposed project entitled "EU-Graphite: Building European
production of graphite active anode material" ("EU-Graphite") from the Energy
Technology Development and Demonstration Programme ("EUDP"), a Danish
government funding programme.

 

Details

In August 2025, GreenRoc and partner institutions Danish Technical University
("DTU") and Institute for Product Development ("IPU"), a private Danish
advanced engineering consultancy company (together, the "Consortium"), applied
for a grant to support GreenRoc's technical development of active anode
material ("AAM") processing capacity.

 

 

A total grant of of DKK 10,448,826  (circa £1.2m) has been awarded to the
Consortium and will cover expenses related to the EU-Graphite project for 24
months, from 1 January 2026 to 31 December 2027, with EUDP covering 60% of the
qualifying expenses incurred by GreenRoc and IPU and 90% in the case of DTU.
All of the DKK 10.4m grant funding awarded will be directed towards the
development of GreenRoc's AAM processing capabilities with approximately DKK
6.3m (ca. £730k) payable to GreenRoc, approximately DKK 1.9m (ca. GBP 220k)
to DTU and DKK 2.3m (ca. £260k) to IPU.

 

Central to the EU-Graphite project is the upscaling of a hydrofluoric
acid-free graphite purification technique. The industrial standard
purification process to reach spherical purified graphite with a >99.95%
graphite content is based on hydrofluoric acid ("HF") as the main leaching
agent. However, HF is a highly hazardous and toxic chemical. Moreover,
effluents containing fluorides, which are by-products from the use of HF
purification, fall under the EU Water Framework Directive, requiring advanced
treatment that makes large-scale HF-based purification economically and
environmentally difficult to handle.

 

GreenRoc and ProGraphite GmbH, its technical adviser, have developed an
HF-free purification system based on sequential alkaline baking and acid
leaching (non-HF), providing a sustainable alternative to conventional HF
digestion. The EUDP grant will be put towards demonstrating this HF-free
purification process at pilot-scale, advancing the technology and proving its
functionality in a relevant operational environment and establishing the
foundation for industrial scale-up.

 

With the EU-Graphite project, it is GreenRoc's ambition to establish the
capabilities for downstream purification of spherical graphite within Europe,
creating the first end-to-end pathway from resource (Amitsoq) to battery-grade
material and reducing Europe's present complete dependency on overseas raw
material supply and processing capacity. By validating an HF-free process at
pilot scale, the project will lay the foundation for a safe, sustainable, and
domestic European supply of spherical purified graphite.

 

Progress towards this goal will be monitored against three strategic
objectives:

·      SO1: Develop a purification process that overcomes critical
bottlenecks, by designing purification steps that achieve the target purity
without altering key graphite properties such as BET surface area, tap
density, and particle size distribution, ensuring corrosion resistance of
equipment in contact with aggressive reagents, and reducing stickiness between
graphite and molten NaOH (sodium hydroxide) through process engineering
solutions.

·      SO2: Demonstrate pilot performance by validating stable 100 kg
batch runs with sustained throughput of 1 tonne per month, and proving
consistent quality outcomes with respect to pH, purity, and graphite
morphology.

·      SO3: Ensure environmental and regulatory compliance under EU
REACH, through demonstrating effective effluent neutralisation, and validating
safety and chemical recovery systems that enable closed-loop reagent handling.
Together, these objectives will ensure that the pilot not only works
technically but also delivers a sustainable, compliant, and scalable pathway
for spherical purified graphite ("SPG") production.

 

The Consortium

The Consortium brings together industry - GreenRoc DK a/s (project lead,
mining and processing), IPU (applied R&D, process engineering and
scale-up) - and academia - DTU Energy (electrochemistry and battery testing)
and DTU Construct (materials and corrosion). GreenRoc will lead the project
and operate the pilot, linking mining with midstream processing and
commercialisation. DTU Energy will secure independent validation of graphite
quality and battery relevance. DTU Construct will ensure robust materials and
corrosion solutions for harsh chemical conditions. IPU will bridge research
and industry with process design, automation, and life cycle assessment.
Together, the partners cover the full value chain from resource to
qualification.

 

 

GreenRoc's CEO, Stefan Bernstein, commented:

"We are delighted to announce this significant grant from the Danish EUDP
programme.  This non-dilutive funding will allow GreenRoc to work with and
receive technical support from the strong research expertise within two
departments at the Danish Technical University as well as from IPU, a leading
engineering consultancy company. The EU-Graphite project will be at the
forefront of sustainable battery materials innovation in Europe. By validating
an HF-free purification process for graphite, we will not only be addressing
critical environmental and regulatory challenges but also strengthening
Europe's supply chain resilience for battery-grade materials.

 

"This funding enables us to accelerate our technical development, reduce
execution risk, and move towards industrial-scale production. Our ambition is
to establish a fully European, environmentally responsible pathway from
resource to battery anode material - reducing dependency on overseas supply
and supporting the green energy transition.

 

"We thank the EUDP and our consortium partners and stakeholders for their
trust and collaboration. Together, we are building a foundation for
sustainable growth, innovation, and value creation for all our stakeholders."

 

Hans Nørgaard Hansen, Head of Department DTU Construct, states:

"DTU Construct is pleased to contribute to more sustainable anode production
for batteries, thereby advancing innovative solutions for the green
transition."

 

About DTU

The Technical University of Denmark (DTU) is a leading international technical
university located in Kgs. Lyngby, Denmark. Founded in 1829, DTU's mission is
to create and disseminate knowledge for the benefit of society and industry,
with a strong focus on science, engineering, and technology. DTU offers a wide
range of degree programs at the bachelor's, master's, and PhD levels, spanning
disciplines such as engineering, natural sciences, information technology,
energy, environment, biotechnology, and design. The university is known for
combining fundamental research with applied innovation and for its close
collaboration with industry, public sector partners, and international
research institutions. DTU is consistently ranked among Europe's top technical
universities and attracts students and researchers from around the world. Its
research efforts contribute to solving global challenges in areas such as
sustainable energy systems, climate adaptation, digitalization, health
technologies, and advanced materials. DTU's campus environment fosters
interdisciplinary learning, cutting-edge laboratories, and entrepreneurship,
supporting spin-offs and technology transfer that have significant societal
impact. In the EU-Graphite project, DTU´s participation includes
contributions from DTU Construct with expertise on materials and corrosion
science as well as from  DTU Energy with compenticies in energy conversion
and storage.

 

About IPU

IPU is focusing on helping businesses meet complex technology challenges. The
services offered are based on an unique combination of expertise, approach and
resources utilised for both competitive solutions to existing problems and new
innovative opportunities.

 

IPU is an independent consulting engineering firm.  IPU offers assistance in
various technical fields including autonomous systems, process development and
optimisation, materials, sustainability and thermodynamics.

 

 

This announcement contains inside information for the purposes of the UK
Market Abuse Regulation and the Directors of the Company are responsible for
the release of this announcement.

 

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.

 

*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. GreenRoc received an Exploitation Licence from the
Government of Greenland on 8 December 2025, valid for 30 years.

 

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.

 

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