Jangada Mines PLC (GB:JAN) has released an update.
Jangada Mines PLC has reported a significant development in its investee company, Blencowe Resources PLC, as it advances its Orom-Cross graphite project towards a Definitive Feasibility Study. Blencowe successfully converted 600 tonnes of raw material into 30 tonnes of high-quality graphite concentrate, a crucial step towards securing offtake agreements for their battery-grade graphite. The project, involving experienced producers like Jilin New Technology Graphite Co. and Qingdao Taida Carbon Co Ltd, underlines Blencowe’s emerging status as a leader in the graphite market.
For further insights into GB:JAN stock, check out TipRanks’ Stock Analysis page.
