Company
Blencowe Resources PLC
LON:BRES
Blencowe Resources PLC is aiming to develop the Orom-Cross Graphite Project in Uganda. Orom-Cross is a potential world-class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit. A 21-year mining licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe is moving through the feasibility study phase.
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Blencowe Resources gets US funding for graphite project
The US$5 million grant is part of President Biden's strategic and critical metals programme