Blencowe make progress on securing funding for DFS with potential project funding option in the mix

Blencowe announced last week that its wholly owned Orom-Cross graphite project in Uganda has passed the key project screening test with the US’s Development Finance Corporation that should allow for a binding funding agreement for 50% of the DFS cost. Blencowe are rapidly progressing the development of their 100% owned Orom-Cross graphite project in UgandaContinue reading “Blencowe make progress on securing funding for DFS with potential project funding option in the mix”

Blencowe initiate final metallurgical test work programme following award of export license

Blencowe announced last week the award of an export license for its Orom Cross graphite project in Uganda that allows it to send bulk samples to China for final metallurgical testing, pathing the way to binding off-takes. Blencowe are rapidly progressing the development of their 100% owned Orom Cross graphite project in Uganda with firstContinue reading “Blencowe initiate final metallurgical test work programme following award of export license”

Blencowe confirm larger-scale high quality metallurgical test work with funding partner in sight

Blencowe announced last week completion of metallurgical test work at a 10x scale to previous test work which pathes the way for the bulk sampling test work programme in H1 2023. In addition, the company have signalled a potential funding partner near-term. Blencowe are rapidly progressing the development of their 100% owned Orom Cross graphiteContinue reading “Blencowe confirm larger-scale high quality metallurgical test work with funding partner in sight”