SHOCKING: The UK based company Brencowe Resources Plc has been granted a 21year license of exploration of graphite in northern Uganda in kitgum District. Deal Value is circa €800,000
It is set to kick off in Jan-2023 despite all the climate pledges (Thread) #WorldEnvironmentDay
@BlencoweRes is quickly planning to start after foreseaing that the demans for graphite is expected to expand by 2025 on words
To those who don’t know the importance of graphite.
Graphites is essential in silicon production that is used in solar panel
(Thread)
it also helps in Automotive industry in making electric vehicles, battery and fuel cells.
This deal is lead by Mike Ralston as the CEO and Lain Wearning,
In times like these when we are trying all our best to keep temperature to 1.5 degrees. (Thread)