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Ukrainian President Volodymyr Zelenskyy said Monday that Kyiv is nearly ready to present a refined peace plan to the United States after days of talks with European partners, even as he maintains that Ukraine cannot give up any territory to Russia.

Zelenskyy said he reviewed the results of negotiations held in London with European national security advisors and that Ukraine and its European partners had further developed their components of potential steps toward ending the war. He said Kyiv is prepared to share the updated documents with Washington and is in ‘constant contact’ with the United States as the process moves forward.

‘We are working very actively on all components of potential steps toward ending the war,’  Zelenskyy posted on X. ‘The Ukrainian and European components are now more developed, and we are ready to present them to our partners in the U.S. Together with the American side, we expect to swiftly make the potential steps as doable as possible.’ 

‘We are committed to a real peace and remain in constant contact with the United States,’ he wrote. ‘And, as our partners in the negotiating teams rightly note, everything depends on whether Russia is ready to take effective steps to stop the bloodshed and prevent the war from reigniting. In the near future, we will be ready to send the refined documents to the United States.’

The update came one day after Zelenskyy insisted his country cannot cede territory to Russia, complicating earlier peace proposals. 

‘Under our laws, under international law — and under moral law — we have no right to give anything away,’ Zelenskyy told reporters Monday, per The Washington Post. ‘That is what we are fighting for.’

Zelenskyy on Tuesday is in Brussels to meet with NATO Secretary-General Mark Rutte and European Commission President Ursula von der Leyen, after meeting in London with British, French and German leaders.

The Ukrainian leader is under growing pressure from the U.S. to accept a framework to end the war after close to four years of fighting with Russia.

An initial draft of the 28-point plan, brokered by White House envoy Steve Witkoff and President Donald Trump’s son-in-law Jared Kushner, spooked Ukrainian and European leaders who said it was too deferential to Russia’s demands. Ukrainian officials met with Witkoff and whittled the plan down. 

Zelenskyy told reporters that in European talks the ‘obvious anti-Ukrainian points were removed.’ 

Trump on Sunday accused Zelenskyy of not keeping up with the latest on peace talks.

‘I’m a little bit disappointed that President Zelenskyy hasn’t yet read the proposal, that was as of a few hours ago,’ Trump told reporters at the Kennedy Center in D.C. Sunday. ‘His people love it, but he hasn’t.’

‘Russia, I guess, would rather have the whole country when you think of it, but Russia is, I believe, fine with it, but I’m not sure that Zelenskyy is fine with it,’ Trump added.

Leaked versions of the initial deal had offered Russia swaths of Ukrainian territory, both lands it has occupied throughout the war and the Donbas region, which it has yet to seize in full.

It offered Ukraine no path to NATO but Europe and U.S.-backed security guarantees that were not definitive. 

Ukraine views NATO membership as essential to preventing a Russian attack — seeking a path to NATO is enshrined in its constitution. 

Ukraine is entering one of the hardest stretches of the nearly four-year war, giving new urgency to the negotiations. Russian troops are pushing forward in the east as Kyiv struggles with shortages of ammunition and manpower. Meanwhile, Moscow’s continued strikes on Ukraine’s power grid have left the country facing rolling blackouts and widespread outages at the start of the winter months. 

Zelenskyy said in the past week alone, Russia launched more than 1,600 drones, roughly 1,200 guided aerial bombs, and nearly 70 missiles of various types against Ukraine.

And talks are heating up in tandem with a brewing scandal in Ukraine that has already pushed out Andrii Yermak, Zelenskyy’s former chief of staff and powerful gatekeeper who was leading negotiations, along with his justice and energy ministers. 

Rustem Umerov, the secretary of Ukraine’s National Security and Defense Council, has taken over negotiations, but is rumored to be caught up in the corruption investigation. 

Fox News’ Ashley Carnahan contributed to this report. 


This post appeared first on FOX NEWS

Blencowe Resources Plc is pleased to announce the signing of an additional non-binding Memorandum of Understanding (‘MOU’) for natural medium flake concentrate offtake from its Orom-Cross Graphite Project. The offtake agreement is with Yunasko Ltd. (‘Yunasko’), an advanced technology company headquartered in London and Kyiv, and a recognised leader in energy storage and ultracapacitor technologies used across next generation industrial and defence applications.

This new MOU follows recent Blencowe senior management engagements in the United States and Europe and reflects the strong response to ongoing successful test work confirming the consistently high-quality of product from Orom-Cross graphite.

Highlights:

  • Non-binding five-year MOU with Yunasko for five years to supply of an initial 500 tonnes per annum of purified medium flake graphite.
  • Yunasko is a leading innovator in advanced supercapacitor energy systems serving high-specification energy storage and defence markets.
  • Pricing to be agreed under a formal binding agreement within 24 months.
  • Blencowe continues to progress positive discussions with multiple OEMs and strategic downstream users engaged during recent US and European marketing initiatives.

The Yunasko MOU covers a niche, high-value component of the Company’s medium flake (+100 mesh) graphite output during the first five years of production. Yunasko’s initial 500 tonnes per annum requirement is anticipated to increase as the commercial relationship matures.

The product will be further upgraded in Chicago, USA by Blencowe’s US technology partner, American Energy Technology Co. (‘AETC’), enabling Yunasko to purchase a premium-grade materials.

Blencowe is also advancing discussions in the United States with additional OEMs and leading downstream processors for both large flake products and smaller flake categories. Several Groups are currently undertaking qualification test work on Orom-Cross material, and the Company anticipates further MOUs to be concluded as these programmes advance. Market engagement remains strong, and the Company is progressing discussions with additional potential offtakers worldwide as it builds toward a diversified suite of sales agreements ahead of first production.

Executive Chairman Cameron Pearce commented:

‘We are pleased to add a further high-quality European offtaker to our growing portfolio particularly one operating at the forefront of energy storage innovation. Supercapacitor applications require exceptionally consistent, high-grade material and Orom-Cross, supported by AETC’s purification capabilities, is ideally suited to meet this demand.’

‘Our graphite is currently undergoing evaluation with a broad range of international end users, and we remain confident of additional offtake agreements following as these programmes progress. Purified material attracts significantly higher pricing than standard concentrates and these higher value customers provide both market credibility and a meaningful uplift on our weighted average selling price.’

Yunasko Executive Chairman Yurii Maletin commented:

‘We are pleased to be working with Blencowe Resources to receive high-quality purified graphite from Orom-Cross natural resource for integration into Yunasko’s next-generation energy storage systems. Our testing, together with American Energy Technology Co.’s purification and downstream processing work, confirms that Orom-Cross provides material of particularly high suitability for these advanced applications.

Yunasko, a leader in high-power ultracapacitor and hybrid energy storage technologies, is driving meaningful innovation in the global energy storage market by delivering faster-charging, longer-life and higher-efficiency solutions. The use of premium purified graphite will further strengthen Yunasko’s ability to develop cutting-edge systems, and we look forward to a long and productive relationship as Blencowe moves towards first production.’

For further information please contact:

Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha.sethi@blencoweresources.com

Tavira Financial

Jonathan Evans

Tel: +44 (0)20 3192 1733

jonathan.evans@tavira.group

Twitter https://twitter.com/BlencoweRes

LinkedIn https://www.linkedin.com/company/72382491/admin/

Background

Orom-Cross Graphite Project

Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit.

A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe has moved into the Definitive Feasibility Study phase as it drives towards first production.

Orom-Cross presents as a large, shallow open-pitable deposit, with a maiden JORC Indicated & Inferred Mineral Resource deposit of 24.5Mt @ 6.0% Total Graphite Content. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.

Yunasko Ltd

Yunasko is a leading developer of high-power energy storage technologies, operating in the United Kingdom and Ukraine. The company specializes in advanced ultracapacitors and hybrid systems that combine the advantages of ultracapacitors with lithium-ion batteries. Yunasko’s proprietary technologies are built around exceptionally low internal resistance, enabling very high power density, minimal heat generation, extended cycle life, and enhanced operational safety.

Yunasko’s performance advantages have been validated by numerous international partners and independent experts, including PSA Group (France), JME Inc., Wayne State University, a U.S. Department of Defense Tier 1 supplier, and MOOG (USA). The company continues to advance next-generation high-power modules for automotive, industrial, grid, and defense applications, positioning itself at the forefront of the rapidly evolving global energy storage market.

American Energy Technologies Company (AETC)

AETC is a woman-owned, privately held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units. Currently, AETC is one of only three organizations which commercially manufacture lithium-ion battery-ready graphite in the United States. Furthermore, AETC’s Wheeling, IL plant is currently the only industrial end-to-end commercial manufacturer of spherical purified surface coated natural graphite in the US. In doing so, the company develops and operates an upstream ore beneficiation, unique refining, particle spheroidization, and carbon coating technologies. AETC is both developing and producing spherical graphite (natural and synthetic), expanded graphite, partially graphitized nanostructured carbons, ultra-high purity graphite-based electrically conductive inks, paints, and coatings which find use within the industry. AETC is a proud supply chain member of electric vehicles and an approved supplier to twelve battery manufacturers and one fuel cell producer. For more information you can visit: https://www.usaenergytech.com/news

Source

This post appeared first on investingnews.com

Blencowe Resources Plc is pleased to announce the signing of an additional non-binding Memorandum of Understanding (‘MOU’) for natural medium flake concentrate offtake from its Orom-Cross Graphite Project. The offtake agreement is with Yunasko Ltd. (‘Yunasko’), an advanced technology company headquartered in London and Kyiv, and a recognised leader in energy storage and ultracapacitor technologies used across next generation industrial and defence applications.

This new MOU follows recent Blencowe senior management engagements in the United States and Europe and reflects the strong response to ongoing successful test work confirming the consistently high-quality of product from Orom-Cross graphite.

Highlights:

  • Non-binding five-year MOU with Yunasko for five years to supply of an initial 500 tonnes per annum of purified medium flake graphite.
  • Yunasko is a leading innovator in advanced supercapacitor energy systems serving high-specification energy storage and defence markets.
  • Pricing to be agreed under a formal binding agreement within 24 months.
  • Blencowe continues to progress positive discussions with multiple OEMs and strategic downstream users engaged during recent US and European marketing initiatives.

The Yunasko MOU covers a niche, high-value component of the Company’s medium flake (+100 mesh) graphite output during the first five years of production. Yunasko’s initial 500 tonnes per annum requirement is anticipated to increase as the commercial relationship matures.

The product will be further upgraded in Chicago, USA by Blencowe’s US technology partner, American Energy Technology Co. (‘AETC’), enabling Yunasko to purchase a premium-grade materials.

Blencowe is also advancing discussions in the United States with additional OEMs and leading downstream processors for both large flake products and smaller flake categories. Several Groups are currently undertaking qualification test work on Orom-Cross material, and the Company anticipates further MOUs to be concluded as these programmes advance. Market engagement remains strong, and the Company is progressing discussions with additional potential offtakers worldwide as it builds toward a diversified suite of sales agreements ahead of first production.

Executive Chairman Cameron Pearce commented:

‘We are pleased to add a further high-quality European offtaker to our growing portfolio particularly one operating at the forefront of energy storage innovation. Supercapacitor applications require exceptionally consistent, high-grade material and Orom-Cross, supported by AETC’s purification capabilities, is ideally suited to meet this demand.’

‘Our graphite is currently undergoing evaluation with a broad range of international end users, and we remain confident of additional offtake agreements following as these programmes progress. Purified material attracts significantly higher pricing than standard concentrates and these higher value customers provide both market credibility and a meaningful uplift on our weighted average selling price.’

Yunasko Executive Chairman Yurii Maletin commented:

‘We are pleased to be working with Blencowe Resources to receive high-quality purified graphite from Orom-Cross natural resource for integration into Yunasko’s next-generation energy storage systems. Our testing, together with American Energy Technology Co.’s purification and downstream processing work, confirms that Orom-Cross provides material of particularly high suitability for these advanced applications.

Yunasko, a leader in high-power ultracapacitor and hybrid energy storage technologies, is driving meaningful innovation in the global energy storage market by delivering faster-charging, longer-life and higher-efficiency solutions. The use of premium purified graphite will further strengthen Yunasko’s ability to develop cutting-edge systems, and we look forward to a long and productive relationship as Blencowe moves towards first production.’

For further information please contact:

Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha.sethi@blencoweresources.com

Tavira Financial

Jonathan Evans

Tel: +44 (0)20 3192 1733

jonathan.evans@tavira.group

Twitter https://twitter.com/BlencoweRes

LinkedIn https://www.linkedin.com/company/72382491/admin/

Background

Orom-Cross Graphite Project

Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit.

A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe has moved into the Definitive Feasibility Study phase as it drives towards first production.

Orom-Cross presents as a large, shallow open-pitable deposit, with a maiden JORC Indicated & Inferred Mineral Resource deposit of 24.5Mt @ 6.0% Total Graphite Content. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.

Yunasko Ltd

Yunasko is a leading developer of high-power energy storage technologies, operating in the United Kingdom and Ukraine. The company specializes in advanced ultracapacitors and hybrid systems that combine the advantages of ultracapacitors with lithium-ion batteries. Yunasko’s proprietary technologies are built around exceptionally low internal resistance, enabling very high power density, minimal heat generation, extended cycle life, and enhanced operational safety.

Yunasko’s performance advantages have been validated by numerous international partners and independent experts, including PSA Group (France), JME Inc., Wayne State University, a U.S. Department of Defense Tier 1 supplier, and MOOG (USA). The company continues to advance next-generation high-power modules for automotive, industrial, grid, and defense applications, positioning itself at the forefront of the rapidly evolving global energy storage market.

American Energy Technologies Company (AETC)

AETC is a woman-owned, privately held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units. Currently, AETC is one of only three organizations which commercially manufacture lithium-ion battery-ready graphite in the United States. Furthermore, AETC’s Wheeling, IL plant is currently the only industrial end-to-end commercial manufacturer of spherical purified surface coated natural graphite in the US. In doing so, the company develops and operates an upstream ore beneficiation, unique refining, particle spheroidization, and carbon coating technologies. AETC is both developing and producing spherical graphite (natural and synthetic), expanded graphite, partially graphitized nanostructured carbons, ultra-high purity graphite-based electrically conductive inks, paints, and coatings which find use within the industry. AETC is a proud supply chain member of electric vehicles and an approved supplier to twelve battery manufacturers and one fuel cell producer. For more information you can visit: https://www.usaenergytech.com/news

Source

This post appeared first on investingnews.com

Blencowe Resources Plc is pleased to announce the signing of an additional non-binding Memorandum of Understanding (‘MOU’) for natural medium flake concentrate offtake from its Orom-Cross Graphite Project. The offtake agreement is with Yunasko Ltd. (‘Yunasko’), an advanced technology company headquartered in London and Kyiv, and a recognised leader in energy storage and ultracapacitor technologies used across next generation industrial and defence applications.

This new MOU follows recent Blencowe senior management engagements in the United States and Europe and reflects the strong response to ongoing successful test work confirming the consistently high-quality of product from Orom-Cross graphite.

Highlights:

  • Non-binding five-year MOU with Yunasko for five years to supply of an initial 500 tonnes per annum of purified medium flake graphite.
  • Yunasko is a leading innovator in advanced supercapacitor energy systems serving high-specification energy storage and defence markets.
  • Pricing to be agreed under a formal binding agreement within 24 months.
  • Blencowe continues to progress positive discussions with multiple OEMs and strategic downstream users engaged during recent US and European marketing initiatives.

The Yunasko MOU covers a niche, high-value component of the Company’s medium flake (+100 mesh) graphite output during the first five years of production. Yunasko’s initial 500 tonnes per annum requirement is anticipated to increase as the commercial relationship matures.

The product will be further upgraded in Chicago, USA by Blencowe’s US technology partner, American Energy Technology Co. (‘AETC’), enabling Yunasko to purchase a premium-grade materials.

Blencowe is also advancing discussions in the United States with additional OEMs and leading downstream processors for both large flake products and smaller flake categories. Several Groups are currently undertaking qualification test work on Orom-Cross material, and the Company anticipates further MOUs to be concluded as these programmes advance. Market engagement remains strong, and the Company is progressing discussions with additional potential offtakers worldwide as it builds toward a diversified suite of sales agreements ahead of first production.

Executive Chairman Cameron Pearce commented:

‘We are pleased to add a further high-quality European offtaker to our growing portfolio particularly one operating at the forefront of energy storage innovation. Supercapacitor applications require exceptionally consistent, high-grade material and Orom-Cross, supported by AETC’s purification capabilities, is ideally suited to meet this demand.’

‘Our graphite is currently undergoing evaluation with a broad range of international end users, and we remain confident of additional offtake agreements following as these programmes progress. Purified material attracts significantly higher pricing than standard concentrates and these higher value customers provide both market credibility and a meaningful uplift on our weighted average selling price.’

Yunasko Executive Chairman Yurii Maletin commented:

‘We are pleased to be working with Blencowe Resources to receive high-quality purified graphite from Orom-Cross natural resource for integration into Yunasko’s next-generation energy storage systems. Our testing, together with American Energy Technology Co.’s purification and downstream processing work, confirms that Orom-Cross provides material of particularly high suitability for these advanced applications.

Yunasko, a leader in high-power ultracapacitor and hybrid energy storage technologies, is driving meaningful innovation in the global energy storage market by delivering faster-charging, longer-life and higher-efficiency solutions. The use of premium purified graphite will further strengthen Yunasko’s ability to develop cutting-edge systems, and we look forward to a long and productive relationship as Blencowe moves towards first production.’

For further information please contact:

Blencowe Resources Plc

Sam Quinn

www.blencoweresourcesplc.com

Tel: +44 (0)1624 681 250

info@blencoweresourcesplc.com

Investor Relations

Sasha Sethi

Tel: +44 (0) 7891 677 441

sasha.sethi@blencoweresources.com

Tavira Financial

Jonathan Evans

Tel: +44 (0)20 3192 1733

jonathan.evans@tavira.group

Twitter https://twitter.com/BlencoweRes

LinkedIn https://www.linkedin.com/company/72382491/admin/

Background

Orom-Cross Graphite Project

Orom-Cross is a potential world class graphite project both by size and end-product quality, with a high component of more valuable larger flakes within the deposit.

A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 following extensive historical work on the deposit and Blencowe has moved into the Definitive Feasibility Study phase as it drives towards first production.

Orom-Cross presents as a large, shallow open-pitable deposit, with a maiden JORC Indicated & Inferred Mineral Resource deposit of 24.5Mt @ 6.0% Total Graphite Content. Development of the resource is expected to benefit from a low strip ratio and free dig operations, thereby ensuring lower operating and capital costs.

Yunasko Ltd

Yunasko is a leading developer of high-power energy storage technologies, operating in the United Kingdom and Ukraine. The company specializes in advanced ultracapacitors and hybrid systems that combine the advantages of ultracapacitors with lithium-ion batteries. Yunasko’s proprietary technologies are built around exceptionally low internal resistance, enabling very high power density, minimal heat generation, extended cycle life, and enhanced operational safety.

Yunasko’s performance advantages have been validated by numerous international partners and independent experts, including PSA Group (France), JME Inc., Wayne State University, a U.S. Department of Defense Tier 1 supplier, and MOOG (USA). The company continues to advance next-generation high-power modules for automotive, industrial, grid, and defense applications, positioning itself at the forefront of the rapidly evolving global energy storage market.

American Energy Technologies Company (AETC)

AETC is a woman-owned, privately held business which conducts operations out of the greater Chicago area. In its Wheeling, IL facility, AETC operates three business units: a manufacturing plant making battery-ready graphite and carbon materials, a pilot demonstration facility for battery materials and graphite dispersions, and a fully functional applications laboratory supporting the above business units. Currently, AETC is one of only three organizations which commercially manufacture lithium-ion battery-ready graphite in the United States. Furthermore, AETC’s Wheeling, IL plant is currently the only industrial end-to-end commercial manufacturer of spherical purified surface coated natural graphite in the US. In doing so, the company develops and operates an upstream ore beneficiation, unique refining, particle spheroidization, and carbon coating technologies. AETC is both developing and producing spherical graphite (natural and synthetic), expanded graphite, partially graphitized nanostructured carbons, ultra-high purity graphite-based electrically conductive inks, paints, and coatings which find use within the industry. AETC is a proud supply chain member of electric vehicles and an approved supplier to twelve battery manufacturers and one fuel cell producer. For more information you can visit: https://www.usaenergytech.com/news

Source

This post appeared first on investingnews.com

GreenRoc 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.

On 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.

The Minister of Business, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, said at the signing ceremony:

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.’

CEO of GreenRoc, Stefan Bernstein, said at the signing ceremony:

‘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 after the closure of the Amitsoq mine.

‘Graphite is an important raw material for the energy transition and Europe lacks secure access to it. At Amitsoq, we have proven graphite ore for many decades of operation. At the same time, we are very aware that extraction from Amitsoq must benefit Greenland, and especially the communities in South Greenland, and we look forward to listening to and cooperating with the citizens of South Greenland along the way.

‘It is gratifying that the Government of Greenland is contributing to making Greenland an attractive place to invest in raw materials projects. In a world where political approval of a mining project can drag on for decades, Greenland really stands out, without compromising on environmental and social requirements, and this Exploitation Licence is an excellent expression of that.’

Minister of Industry, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, and GreenRoc’s CEO Stefan Bernstein at the signing ceremony in Nuuk

Next steps

Greenland Graphite a/s has chosen that its project terms of reference should be submitted for public consultation only, without the project descriptions for Environmental Impact Assessment (EIA Report) and Social Impact Assessment (SIA Report). The Exploitation Licence is the political approval of the mining project at Amitsoq. Before construction and mining activities can commence, an Impact Benefit Agreement and Mine- and Closure Plan must be approved.

Greenland Graphite is in the process of preparing the project descriptions for the EIA report and SIA report. Following the approval of the EIA and SIA reports by the Government of Greenland, Greenland Graphite will have until 31 December 2028 to submit a mining and decommissioning plan and must commence mining activities by 31 December 2030, unless otherwise approved.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor hub

https://greenrocplc.com/s/f795de

GreenRoc Strategic Materials Plc

Stefan Bernstein, CEO

info@greenrocplc.com

+44 20 3950 0724

Cairn Financial Advisers LLP (Nomad)

Sandy Jamieson / Louise O’Driscoll

+44 20 7213 0880

Oberon (Broker)

Nick Lovering/Adam Pollock

+44 20 3179 5300

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company’s or any third party’s ability to execute and implement future plans, and the occurrence of unexpected events.

Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

About GreenRoc

GreenRoc Strategic Materials Plc is an AIM-quoted UK public company focused on developing the Amitsoq Graphite Project in Greenland into a producing mine to meet critical demand from Electric Vehicle (‘EV’) manufacturers in Europe and North America for new, high grade and conflict-free sources of graphite. Amitsoq is one of the highest-grade graphite deposits in the world with a combined Measured, Indicated and Inferred JORC Resource of 23.05 million tonnes (Mt) at an average grade of 20.41% graphite, sufficient to sustain several decades of mining.

The plans for the Amitsoq Project include the construction of a facility to further process the mined graphite into active anode material – an indispensable component of Li-batteries – which plans have independently and positively evaluated to prefeasibility study stage.

GreenRoc has entered into a partnership with the Norwegian battery manufacturer Morrow Batteries to establish a regional supply chain. The Amitsoq Project has been designated a Strategic Project by the EU and in March 2025 it was also ESG-certified by Digbee™, an independent platform which provides sustainability assessments for the mining industry. In October 2025, GreenRoc signed a binding secured loan facility for EUR 5.2 million from the Export and Investment Fund of Denmark (‘EIFO‘), for the financing of the Company’s work programme.

Source

This post appeared first on investingnews.com

GreenRoc 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.

On 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.

The Minister of Business, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, said at the signing ceremony:

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.’

CEO of GreenRoc, Stefan Bernstein, said at the signing ceremony:

‘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 after the closure of the Amitsoq mine.

‘Graphite is an important raw material for the energy transition and Europe lacks secure access to it. At Amitsoq, we have proven graphite ore for many decades of operation. At the same time, we are very aware that extraction from Amitsoq must benefit Greenland, and especially the communities in South Greenland, and we look forward to listening to and cooperating with the citizens of South Greenland along the way.

‘It is gratifying that the Government of Greenland is contributing to making Greenland an attractive place to invest in raw materials projects. In a world where political approval of a mining project can drag on for decades, Greenland really stands out, without compromising on environmental and social requirements, and this Exploitation Licence is an excellent expression of that.’

Minister of Industry, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen, and GreenRoc’s CEO Stefan Bernstein at the signing ceremony in Nuuk

Next steps

Greenland Graphite a/s has chosen that its project terms of reference should be submitted for public consultation only, without the project descriptions for Environmental Impact Assessment (EIA Report) and Social Impact Assessment (SIA Report). The Exploitation Licence is the political approval of the mining project at Amitsoq. Before construction and mining activities can commence, an Impact Benefit Agreement and Mine- and Closure Plan must be approved.

Greenland Graphite is in the process of preparing the project descriptions for the EIA report and SIA report. Following the approval of the EIA and SIA reports by the Government of Greenland, Greenland Graphite will have until 31 December 2028 to submit a mining and decommissioning plan and must commence mining activities by 31 December 2030, unless otherwise approved.

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

For further information, please contact:

Investor questions on this announcement

We encourage all investors to share questions

on this announcement via our investor hub

https://greenrocplc.com/s/f795de

GreenRoc Strategic Materials Plc

Stefan Bernstein, CEO

info@greenrocplc.com

+44 20 3950 0724

Cairn Financial Advisers LLP (Nomad)

Sandy Jamieson / Louise O’Driscoll

+44 20 7213 0880

Oberon (Broker)

Nick Lovering/Adam Pollock

+44 20 3179 5300

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company’s or any third party’s ability to execute and implement future plans, and the occurrence of unexpected events.

Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

About GreenRoc

GreenRoc Strategic Materials Plc is an AIM-quoted UK public company focused on developing the Amitsoq Graphite Project in Greenland into a producing mine to meet critical demand from Electric Vehicle (‘EV’) manufacturers in Europe and North America for new, high grade and conflict-free sources of graphite. Amitsoq is one of the highest-grade graphite deposits in the world with a combined Measured, Indicated and Inferred JORC Resource of 23.05 million tonnes (Mt) at an average grade of 20.41% graphite, sufficient to sustain several decades of mining.

The plans for the Amitsoq Project include the construction of a facility to further process the mined graphite into active anode material – an indispensable component of Li-batteries – which plans have independently and positively evaluated to prefeasibility study stage.

GreenRoc has entered into a partnership with the Norwegian battery manufacturer Morrow Batteries to establish a regional supply chain. The Amitsoq Project has been designated a Strategic Project by the EU and in March 2025 it was also ESG-certified by Digbee™, an independent platform which provides sustainability assessments for the mining industry. In October 2025, GreenRoc signed a binding secured loan facility for EUR 5.2 million from the Export and Investment Fund of Denmark (‘EIFO‘), for the financing of the Company’s work programme.

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Beijing escalated its war of words with Tokyo after Japan said Chinese fighter jets aimed a fire-control radar at Japanese F-15s flying near Okinawa, an action Tokyo called ‘dangerous’ and ‘extremely regrettable.’

Chinese Foreign Minister Wang Yi told his German counterpart Johann Wadephul in Beijing that ‘Japan is threatening China militarily,’ a stance he called ‘completely unacceptable,’ after the radar incident, Reuters reported.

Wang accused Japanese Prime Minister Sanae Takaichi of ‘trying to exploit the Taiwan question — the very territory Japan colonized for half a century, committing countless crimes against the Chinese people — to provoke trouble and threaten China militarily. This is completely unacceptable,’ Wang said, according to China’s official Xinhua News Agency. He added that Japan, as a World War II ‘defeated nation,’ should act with greater caution.

China expert Gordon Chang told Fox News Digital, ‘China, with Saturday’s radar-lock incidents against Japan and other belligerent acts recently, looks like it wants to start a war. In any event, these incidents could easily spiral into war, especially because China cannot act constructively or deescalate.’

Japanese officials say the confrontation unfolded Dec. 6, when Chinese J-15 fighter jets operating from the aircraft carrier Liaoning twice aimed radar at Japanese F-15s over international waters near Japan’s Okinawa islands.

‘These radar illuminations are a dangerous act that goes beyond what is necessary for the safe flight of aircraft,’ Takaichi told reporters, adding that Japan had lodged a protest with China and calling the incident ‘extremely regrettable,’ Reuters reported.

Japan’s government later said the Self-Defense Force fighters ‘were maintaining a safe distance during their mission’ and denied China’s accusation that its jets obstructed Chinese operations, according to comments by Chief Cabinet Secretary Minoru Kihara, according to The Associated Press.

The radar clash came on the heels of remarks by Takaichi that have already put relations on edge. In early November, she told parliament that a Chinese attack on Taiwan could amount to a ‘survival-threatening situation’ for Japan and potentially trigger a military response under Japan’s 2015 security laws, Reuters reported. Beijing condemned those comments as ‘egregious,’ accused Tokyo of severe interference in its internal affairs and warned of ‘serious consequences’ if they were not retracted.

Chinese officials and state media have since portrayed Takaichi as hyping up an external threat to justify Japan’s military buildup and closer alignment with Taiwan. In parallel, Chinese spokespeople have accused Japan of ‘hyping up’ the radar incident itself and ‘deliberately making a false accusation’ to build tension, according to official statements carried by People’s Daily and other Chinese outlets.

Chang said, ‘China has not been able to get Prime Minister Takaichi to back down, so its choices are to accept its humiliation or ramp up the crisis. It will ramp up. China is now proving Takaichi right: Beijing is creating a ‘survival-threatening situation’ for Japan.’


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Liz Truss, the former British prime minister who staked her brief tenure on tax cuts and deregulation, is warning Americans about New York City Mayor-elect Zohran Mamdani’s socialist agenda will mirror the high-tax, high-regulation model she fought in the U.K.

‘I’ve seen what’s happened with Mamdani being elected,’ former U.K. Prime Minister Liz Truss told Fox News Digital in an exclusive interview. ‘We have characters like that in Britain. They are never satisfied. They keep putting up taxes. They keep putting up more regulations. We have seen in Britain appalling development of antisemitism. That’s what I fear for New York.’

Mamdani plans to pay for his ambitious campaign promises, including fast and free buses, universal childcare and city-run grocery stores, by raising taxes on corporations and the top 1% of New Yorkers. As the 34-year-old mayor-elect prepares to move into Gracie Mansion, critics have compared his agenda to European-style social welfare programs.

The British conservative served just 49 days as prime minister of the U.K. in 2022 before resigning amid market turmoil over her administration’s dramatic attempt to implement a pro-growth economic agenda. Now that the dust has settled, Truss has launched a private club for ‘pro-growth leaders,’ the Leconfield, and a YouTube show, ‘The Liz Truss Show.’

‘The Leconfield is about economic growth,’ Truss said. ‘It’s about prosperity. It’s about building that network of senior business executives, entrepreneurs, political leaders to create new opportunities in Britain and around the world. We need to see economic growth. That is the most important thing.’

Truss said her new members-only club will unite business leaders in Mayfair in co-working spaces and executive suites. The Times reported that Truss has requested £500,000 from each of the 700 Leconfield founding members for the lifetime membership.

‘This will bring together people in real-life to exchange those ideas, but it will also provide a space in London where people can do business. Currently, people end up in hotel lobbies. They are trying to work in clubs that maybe ban laptops or mobile phones. This will have boardrooms, executive space where people can get business done,’ Truss said.

According to a 2025 analysis by Henley & Partners, a global investment-migration consultancy, the United Kingdom is losing millionaires and billionaires faster than any country in the world.

‘Our taxes are too high,’ Truss explained. ‘Our regulation is too high, and our energy prices are also sky-high. This has meant people leaving, businesses leaving. It’s difficult to build new buildings because of all the regulations, and even though we’re sitting on masses of oil and gas, fracking is banned, so our energy prices are high, and it’s not surprising that that makes us uncompetitive.’

While Truss briefly lifted a ban on fracking in the U.K. in 2022 in an attempt to unleash energy production, her successor, Rishi Sunak, reinstated the moratorium that ended support for new fracking projects.

Like Truss, President Donald Trump has moved to reverse key Biden-era climate regulations as part of his key campaign promise to ‘unleash American energy,’ signing the One Big Beautiful Bill Act in July, which includes rollbacks on clean-energy incentives and repeals green energy mandates.

As Trump’s sweeping second-term agenda reshapes U.S. and global markets, his reciprocal and retaliatory tariffs have pushed some countries to reopen trade talks amid heightened market tensions.

Asked about Trump using tariffs to pressure the U.K. and the rest of Europe to pay more for certain goods, including U.S. medicine, Truss offered a surprisingly complimentary view of his strategy.

‘I was trade secretary in Britain, and I signed 60 trade deals as trade secretary, and I know that in order to get deals done you have to negotiate and you have to use leverage, and it’s exactly what I did as trade secretary, so I know that is how you get the deals done,’ Truss told Fox News Digital.

Her stance is a sharp departure from Prime Minister Keir Starmer, who has urged Trump to scale back tariff measures that could hurt the British economy.

Truss told Fox News Digital that her new YouTube channel, ‘The Liz Truss Show,’ will be a ‘free speech’ platform for exploring British and Western politics outside the mainstream media bubble.

Mamdani’s transition team did not immediately respond to Fox News Digital’s request for comment. 


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President Donald Trump will be deployed on the campaign trail next year ahead of the 2026 midterm elections, White House chief of staff Susie Wiles indicated during an appearance on ‘The Mom VIEW.’

Wiles said that ‘so many of those low-propensity voters are Trump voters,’ and that she had not ‘quite broken it to him yet, but he’s going to campaign like it’s 2024 again,’ for the individuals he assists.

While Trump does not help everyone, ‘for those he does, he’s a difference maker,’ she said, adding that the president is ‘a turnout machine.’

‘The president started raising money for the midterms the day after the election. And he’s sitting on a huge war chest to help these people,’ she said, noting that ‘he’ll use it.’

Trump took office earlier this year after Republicans in 2024 clinched a trifecta, winning the White House back, maintaining their House majority and taking back control of the Senate.

But the GOP’s political power will be on the line in 2026 since Republicans could potentially lose their majority in one or both chambers.

In the 2018 midterm elections during Trump’s first term, Republicans expanded their majority in the Senate but lost their House majority.


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The silver price hit a new all-time high on Tuesday (December 9), rising as high as US$60.56 per ounce.

The white metal’s rise continues a breakout that began on November 28 after CME Group (NASDAQ:CME) halted trading on the Comex, citing a ‘cooling issue’ at a CyrusOne data center located in a Chicago suburb.

All markets were open and trading by 5:46 a.m. PST that day, but the disruption raised concerns among traders — according to Reuters, the outage was one of the longest in years for CME Group.

Adding fuel to the fire are increased expectations for an interest rate cut from the US Federal Reserve.

The Fed’s next meeting is set to wrap up on Wednesday (December 10), and while market participants were previously divided on whether another cut is coming, CME Group’s FedWatch tool now shows strong expectations for a reduction.

Target rate probabilities for December Fed meeting.

Target rate probabilities for December Fed meeting.

Chart via CME Group.

In addition to that, US President Donald Trump said on November 30 that he has decided who the next Fed chair will be. While he didn’t give a name, people familiar with the news told Bloomberg that Kevin Hassett, director of the White House’s National Economic Council, is seen as the likely candidate.

Trump has frequently criticized current Fed Chair Jerome Powell for not lowering rates quickly enough, and Powell’s replacement is widely expected to be more in line with Trump’s views.

Speaking on CBS after Trump’s comments, Hassett was relatively tight-lipped about the Fed chair position.

“I think that the American people could expect President Trump to pick somebody who’s going to help them have cheaper car loans and easier access to mortgages at lower rate,” he commented.

“That’s what we saw in the market response to the rumor about me.”

u200bSilver price chart, December 1 to 9, 2025.

Silver price chart, December 1 to 9, 2025.

Silver and its sister metal gold tend to fare better when rates are lower, meaning that December rate cut expectations coupled with the Hassett rumor have helped to stoke prices for the precious metals.

While silver is known for lagging behind gold before outperforming, it’s now ahead in terms of percentage gains — silver is up about 100 percent year-to-date, while gold has risen around 59 percent.

The yellow metal is currently trading above US$4,200 per ounce, but remains below its all-time high.

In addition to rate-related factors, silver’s breakout this year has been driven by various elements.

As a precious metal, it’s influenced by many of the same factors as gold, but its October price jump, which took it past the US$50 level, was also driven by a lack of liquidity in the London market.

While that issue appears to have resolved, a new situation has recently emerged — Bloomberg reported on November 25 that Chinese silver stockpiles are now at their lowest level in a decade after huge shipments to London.

Tariff concerns and silver’s new status as a critical mineral in the US have also provided support in 2025.

The white metal’s industrial side also shouldn’t be forgotten — according to the Silver Institute, industrial demand for silver reached a record 680.5 million ounces in 2024, driven by usage in grid infrastructure, vehicle electrification and photovoltaics. Total silver demand was down 3 percent year-on-year in 2024, but still exceeded supply for the fourth year in a row, resulting in a deficit of 148.9 million ounces for the year.

Watch five experts share their thoughts on the outlook for silver.

Time will tell what’s next for silver, but some experts see it continuing to outperform gold in 2026.

‘The sure money is made in the gold sector, but the big money is made in the silver sector — that’s proven true over the last couple of precious metals cycles. I believe it will be true in this one as well,’ said Jay Martin of VRIC Media.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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