Business
Greenland Government Grants Exploitation Licence
GreenRoc Strategic Materials Plc has received an Exploitation Licence from the Government of Greenland for its Amitsoq Graphite Project, a significant milestone for the company's wholly owned subsidiary, Greenland Graphite a/s. This 30-year permit, granted after a swift 1 year and 3 months process, allows for graphite extraction at Piiaaffik Amitsoq, a deposit with proven ore for decades of operation and a JORC Resource of 23.05 million tonnes at 20.41% graphite. The company is now preparing for Environmental and Social Impact Assessments, with a deadline of December 31, 2028, to submit a mining and decommissioning plan and a commencement of mining activities by December 31, 2030, unless otherwise approved. Disclaimer*
About this update from Greenroc Strategic Materials Plc
[{"type":"text","content":"\n\nGreenRoc Strategic Materials Plc / EPIC: GROC / Market: AIM / Sector: Mining\n \n09 December 2025\nGreenRoc Strategic Materials Plc\n(\"GreenRoc\" or the \"Company\")\n \nGreenland Government Grants Exploitation Licence for Amitsoq\n \nGreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is delighted to announce that the Government of Greenland has granted an Exploitation Licence for the Amitsoq Graphite Project to Greenland Graphite a/s (\"Greenland Graphite\"), a wholly owned, Greenland registered subsidiary of GreenRoc.\n \nOn 8 December 2025, the Minister of Business, Mineral Resources, Energy, Justice and Gender Equality Naaja H. Nathanielsen, together with Stefan Bernstein, Director of Greenland Graphite, signed a 30-year exploitation permit for graphite at Piiaaffik Amitsoq, the placename for the Amitsoq graphite deposit. This follows the Government of Greenland's approval, on 4 December 2025, of the Amitsoq project Terms of Reference and associated White Paper.\n \nThe Minister of Business, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, said at the signing ceremony:\n \n\"Greenland Graphite's exploitation licence is the third exploitation licence granted by the Government of Greenland this year. This is a very positive record and it is particularly worth noting that the process from submitted application to issued exploitation licence has only taken 1 year and 3 months. This is significantly faster than in many other countries and clearly demonstrates that the revised Mining Act is working as intended. The aim was to streamline the procedure without compromising high environmental standards, safety and social responsibility. Today's exploitation licence is the result of focused political efforts to make Greenland more attractive for responsible investments, while seriously taking into account the concerns for people and the environment.\"\n \nCEO of GreenRoc, Stefan Bernstein, said at the signing ceremony:\n \n\"It is a great pleasure for me today, on behalf of our Company, to confirm the grant of the Exploitation Licence for graphite at Amitsoq. This is a very important milestone for GreenRoc on the road to making graphite production in Greenland a reality again, 100 years ...