GreenRoc Mining purification tests meet requirement to produce anodes

(Alliance News) - GreenRoc Mining PLC on Friday announced that Amitsoq purification tests in ...

Alliance News 20 January, 2023 | 12:00PM
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(Alliance News) - GreenRoc Mining PLC on Friday announced that Amitsoq purification tests in Greenland achieved almost 100% purity, surpassing a requirement to manufacture anodes for electric vehicle batteries.

The London-based miner focused on mineral projects in Greenland said its technical consultants on spheronised graphite, ProGraphite GmbH, conducted the purification test work via alkaline purification.

This "exceeds the purity required to produce spheronised graphite used in the manufacturing of anodes for electric vehicle batteries," GreenRoc explained. It reached purity of 99.97%, above the required 99.95%.

Alba Mineral Resources PLC on Friday, which holds a 51% stake in GreenRoc, noted the announcement.

Greenroc Mining shares were flat at 5.35 pence each, while Alba Mineral Resources shares were 3.0% lower at 0.12p each in London on Friday morning.

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
GreenRoc Mining PLC 1.77 GBX -1.61 -
Alba Mineral Resources PLC 0.03 GBX -2.68 -

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