Blencowe Resources Plc (GB:BRES) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Blencowe Resources Plc has joined the SAFELOOP consortium, a European Commission initiative, positioning its Orom-Cross Graphite Project as a key supplier in the European EV supply chain. This partnership secures Blencowe exclusive contracts to supply up to 100,000 tonnes of graphite annually, benefiting from premium pricing compared to Asian markets. The collaboration highlights Orom-Cross’s strategic importance in meeting the growing demand for high-quality graphite in battery production.
For further insights into GB:BRES stock, check out TipRanks’ Stock Analysis page.