Mike Ralston, CEO, discusses the MOU Signed to Pioneer Graphite Production in Uganda

Blencowe Resources (LSE: BRES.L) has signed a Memorandum of Understanding ("MOU") with Singaporean graphite sales and marketing specialist Triessence Limited ("Triessence"), a leading Asian SPG and Anode material producer ("SPG Partner"). This MoU aims to establish Joint Venture (JV) for a graphite beneficiation facility in Uganda producing 99.95% purified graphite for lithium-ion batteries. In this interview, investors will learn: - How the MoU paves the way for a JV that will set Blencowe apart from its competitors - What financial advantages an in-country facility brings. - How the initiative will enhance the company's overall commercial returns - What this new facility means in terms of addressing the rising global demand for purified graphite - How future plans for completion of the Orom-Cross DFS will be affected moving forward Reasons to add Blencowe Resources #BRES to your watchlist: - Orom-Cross is a potential world class graphite project both by size and end-product quality - A 21-year Mining Licence for the project was issued by the Ugandan Government in 2019 - BRES is now within the Definitive Feasibility Study phase as it works towards first production - Has an MoU in place with Asian graphite specialists for the production of 99.95% purified graphite for lithium-ion batteries. - Project will effectively be de-risked ahead of project financing and construction, Mike Ralston, CEO of Blencowe Resources, was interviewed by Andrew Scott for focusIR.