EU Commissioner Dan Jørgensen to go to Amitsoq

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GreenRoc Strategic Supplies Plc (AIM: GROC), an organization targeted on the event of crucial mineral initiatives in Greenland, is happy to announce that the European Union (“EU”) Commissioner for Vitality, Dan Jørgensen, might be visiting GreenRoc’s Amitsoq graphite deposit and deliberate mine website this week.

Through the go to, Commissioner Jørgensen might be joined by Malene Vahl Rasmussen, Mayor of Kommune Kujalleq (the South Greenland Municipality), Simon Bojsen-Møller, Head of EU Illustration in Nuuk, and Per Haugaard, Head of EU Illustration in Denmark.

In February 2024, the EU and Greenland signed a partnership settlement targeted on the event of sustainable uncooked supplies worth chains in Greenland. Greenland possesses a number of of the crucial uncooked supplies sought beneath the EU’s Crucial Uncooked Supplies Act (“CRMA”), making it a key area for the EU’s provide chain diversification efforts.

The CRMA identifies 34 supplies as Crucial Uncooked Supplies (“CRMs”), primarily based on their excessive financial significance to the EU and important provide dangers. The CRMA additional designates a subset of 17 of the 34 CRMs as Strategic Uncooked Supplies (“SRMs”). These SRMs are thought-about notably very important resulting from their projected exponential development in demand, advanced manufacturing processes, and better provide dangers. The SRM checklist contains pure graphite (battery grade).

Below the CRMA, the EU can designate particular mining or processing initiatives as “Strategic Initiatives”, offering these initiatives with streamlined allowing processes, entry to financing, and different types of assist. As beforehand reported, GreenRoc’s Amitsoq graphite venture was introduced a Strategic Mission in June 2025.

GreenRoc’s CEO, Stefan Bernstein, commented:

“We’re delighted to welcome this essential delegation to Amitsoq, and to supply them with an in-depth have a look at our graphite deposit, which we’re growing right into a future supply of this strategic uncooked materials. This go to additional underscores the EU’s assist for our efforts to determine a safe, responsibly sourced provide chain of processed graphite for Europe’s automotive and defence industries.”

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Ahead Trying Statements

This announcement comprises forward-looking statements regarding anticipated or anticipated future occasions and anticipated outcomes which might be forward-looking in nature and, because of this, are topic to sure dangers and uncertainties, resembling common financial, market and enterprise situations, competitors for certified employees, the regulatory course of and actions, technical points, new laws, uncertainties ensuing from potential delays or modifications in plans, uncertainties ensuing from working in a brand new political jurisdiction, uncertainties relating to the outcomes of exploration, uncertainties relating to the timing and granting of prospecting rights, uncertainties relating to the timing and granting of regulatory and different third occasion consents and approvals, uncertainties relating to the Firm’s or any third occasion’s potential to execute and implement future plans, and the prevalence of surprising occasions.

Precise outcomes achieved could range from the data supplied herein because of quite a few identified and unknown dangers and uncertainties and different components.

About GreenRoc

GreenRoc Strategic Supplies Plc is an AIM-quoted UK public firm which is led by a gaggle of extremely skilled mining business professionals. The Firm is targeted on fast-tracking the Amitsoq Graphite Mission in Greenland right into a producing mine to satisfy crucial demand from Electrical Automobile (‘EV’) producers in Europe and North America for brand new, excessive grade and conflict-free sources of graphite.

Amitsoq is likely one of the highest-grade graphite deposits on the planet with a mixed Measured, Indicated and Inferred JORC Useful resource of 23.05 million tonnes (Mt) at a mean grade of 20.41% graphite, giving a complete graphite content material of 4.71 Mt, and important additional upside past this. Check work has confirmed that Amitsoq graphite may be readily upgraded to high-grade, anode-quality graphite, with greater than 99.95% purity and comparatively little vitality enter, which bodes effectively for future manufacturing prices and sustainability commitments.

A Preliminary Financial Evaluation launched on 31 October 2023 offers a post-tax NPV8 for the Mission of US$179M, an IRR of 26.7% and capex estimated at US$131M (together with a 25% contingency). These figures solely relate to the economics of a mining and first processing operation in South Greenland and don’t bear in mind any potential upside from the downstream processing operation which GreenRoc intends to determine. A Feasibility Examine into the institution of a graphite spheronisation processing plant (revealed in Might and July 2024) exhibits a post-tax NPV8 for the venture of US$621M, an IRR of 26.5% and capex estimated at US$340M (together with a 25% contingency).

The Firm has signed a Letter of Intent to safe an space for the Firm’s future Lively Anode Supplies Plant in Southern Norway and has acquired expressions of assist from the European Uncooked Supplies Alliance and the US EXIM Financial institution for future growth. In November 2024, GreenRoc and Morrow Batteries a/s, a Norwegian Gigafactory signed a MoU to work collectively on a regional provide chain of battery anode materials and the Firm acquired a Letter of Curiosity from the Export and Funding Financial institution of Denmark (EIFO) in January 2025.

GreenRoc’s Amitsoq and Anode Supplies Plant venture was introduced as a Strategic Mission beneath EU’s Crucial Uncooked Supplies Act on June 4, 2025, and has an ESG certification through DigBee^TM since March 2025.

GreenRoc additionally owns the Thule Black Sands Ilmenite Mission (‘TBS’) in Greenland, which has an preliminary Mineral Useful resource of 19Mt at 43.6% Whole Heavy Minerals with an in-situ ilmenite grade of 8.9%.

Supply

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