GreenRoc

Alba owns an effective 54% interest in GreenRoc Mining Plc, which is inclusive of its four projects located in the stable jurisdiction of Greenland. All Greenlandic assets were acquired from Alba in September 2021.

GreenRoc owns and operates a portfolio of high-grade mining projects in the mining-supportive jurisdiction of Greenland, which includes: Thule Black Sands Ilmenite Project, Amitsoq Graphite Project, Melville Bay Iron Project, and Inglefield Mutli-Element Project.

GreenRoc’s portfolio has a particular focus on graphite and titanium, which have been designated as critical minerals by the EU and USA. The demand for graphite is forecasted to increase by 2,500%, driven by its use in the fast growing EV sector.

GreenRoc’s strategy is focused on fast-tracking exploration to significantly add to the inherent value of its assets and move towards development, with a particular focus on its two priority assets: the Amitsog Graphite Project and the Thule Black Sands Ilmenite Project. 12-month work programmes have been planned to begin commercial production at one or both of the projects in the near future.

Thule Black Sands, Greenland

Amitsoq Graphite, Greenland

Melville Bay Iron, Greenland

Inglefield Multi-Element, Greenland