Alba Mineral Resources PLC - UK and Greenland-focused mineral explorer - Says its portfolio company, GreenRoc Mining PLC, has been awarded a grant by the UK’s Automotive Transformation Fund to part-finance a feasibility study into the establishment of a graphite spheronisation processing plant to produce active anode material in the UK from graphite concentrate delivered from GreenRoc’s Amitsoq graphite project in southern Greenland.

GreenRoc Mining, a company focused on the development of critical mineral projects in Greenland, notes the grant is for £250,000.

Current Alba stock price: 0.084 pence, down 0.9% in London on Monday afternoon

12-month change: down 40%

Current GreenRoc stock price: 3.71 pence, up 1.9%

12-month change: down 13%

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