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Blencowe Resources Secures Final US Grant Payment for Graphite Mining Project

MT Newswires·10/20/2026 07:07:47
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07:07 AM EDT, 10/20/2026 (MT Newswires) -- Blencowe Resources (BRES.L) received the final $250,000 payment of a $5 million grant from the US International Development Finance Corp. The payment was made after the British natural resources company completed its definitive feasibility study and technical review for the Orom-Cross graphite mining project, according to a Tuesday filing. Blencowe is now working to secure phase 1 project financing while discussing the funding setup for phase 2.