GreenRoc Strategic Materials, Basic Materials

GreenRoc outlined Amitsoq drilling: GreenRoc stock sits 35.59 percent below its high

Published on 10/14/2026 at 07:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amitsoq testing produced 95.20 percent graphite concentrate on September 29, 2026. For GreenRoc stock this means drilling is planned to finish October 16, 2026.

Graphite testing and drilling plan

  • GreenRoc announced Amitsoq drilling plans on September 29, 2026, with completion planned for October 16, 2026.
  • Processing tests produced a 95.20 percent graphite concentrate with recovery above 90 percent.
  • GreenRoc stock was last at GBp 3.80 on the London Stock Exchange on October 13, 2026.
  • The Amitsoq resource totals 23.05 million tonnes at an average grade of 20.41 percent graphite.
GreenRoc Strategic Materials,  Basic Materials,  graphite,  Amitsoq drilling,  London Stock Exchange AIM, Illustration mit AI erstellt.
GreenRoc Strategic Materials, Basic Materials, graphite, Amitsoq drilling, London Stock Exchange AIM, Illustration mit AI erstellt.

GreenRoc Strategic Materials outlined its Amitsoq drilling plan on September 29, 2026, while GreenRoc stock was 35.59 percent below its 52-week high on October 13, 2026. The latest London Stock Exchange quote was GBp 3.80 against a GBp 5.90 high, giving investors a dated measure of the exploration company's position.

Testing validates graphite processing

According to LSE RNS on September 29, 2026, a locked-cycle test produced a graphite concentrate grading 95.20 percent, with overall recovery above 90 percent. The representative sample contained 22.30 percent graphite, and GreenRoc selected GTK Mintec in Finland to process the full 20-tonne bulk sample.

The company plans to use the resulting concentrate as feedstock for its active anode material pilot plant in Denmark. Results from the full-sample processing, including several tonnes of concentrate, are expected before the end of 2026, according to the same dated announcement.

Three dated steps toward Amitsoq

MarketScreener reported on September 17, 2026, that GreenRoc's initial assessment put the planned supply chain footprint at 1.60 kilograms of carbon dioxide equivalent per kilogram of coated spherical purified graphite. On September 29, the processing test delivered the 95.20 percent concentrate. On October 4, Le Monde described Amitsoq as a Greenland graphite project with a deposit grade of 20.00 percent.

What comes next for drilling?

The September 29 announcement said the final two Phase III holes were planned to start in the week beginning October 5, 2026, after a September delay linked to helicopter availability. Drilling was planned for completion by October 16, 2026, while the processing results are expected before December 31, 2026.

GreenRoc's Amitsoq resource totals 23.05 million tonnes at an average grade of 20.41 percent graphite, according to the company announcement. The project also has a 30-year exploitation license granted in December 2025, framing the current drilling as part of a longer development sequence rather than a producing mine.

London quote remains below yearly high

GreenRoc Strategic Materials was last at GBp 3.80 on the London Stock Exchange on October 13, 2026 at 3:16 p.m. London time, versus a 52-week high of GBp 5.90. The company is quoted on the AIM market under ticker GROC, and its investor-relations page identifies the London Stock Exchange listing.

GreenRoc Strategic Materials stock facts

  • Company: GreenRoc Strategic Materials Plc
  • Ticker: GROC
  • Primary exchange: London Stock Exchange AIM
  • Last price London Stock Exchange (as of October 13, 2026, 3:16 p.m. London time): GBp 3.80
  • 52-week range: GBp 2.00-GBp 5.90 (as of October 13, 2026)
  • Sector / Industry: Basic Materials / Industrial Materials

Market context: Market report FTSE 100.

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