Blencowe Nears Completion of Feasibility for Uganda’s Orom-Cross Graphite Project

Blencowe Resources is approaching a significant milestone as it nears completion of the definitive feasibility study for its Orom Cross graphite project in Uganda. This study is expected to provide a fully finance ready operational blueprint that will guide the project into its next phase of development. By incorporating downstream graphite purification into the final plan, the company aims to substantially increase the project’s commercial value, especially as global demand for battery grade graphite continues to accelerate.

The feasibility work is progressing alongside active financing discussions with both strategic and institutional partners, a strategy intended to ensure rapid funding once the study is finalized. Orom Cross is recognized as one of the largest graphite deposits in Africa, with estimated resources of between 2 and 3 billion tons that are essential to the production of lithium ion batteries. Blencowe is targeting first production in 2026, supported by a project design that emphasizes low capital intensity and efficient operating costs. Existing infrastructure in the region further strengthens the project economics, reducing the need for major early stage investment.

The tenements encompass roughly 520,000 hectares in the Orom District of northern Uganda, giving the company expansive room for phased development and long term growth. Site access is currently provided by a 28 kilometre unsealed gravel road connected to the Kidepo Gulu route, a logistical setup that the company expects to improve as the project advances. Chief Executive Officer Mike Ralston has emphasized that Orom Cross is now entering a pivotal phase, with strong interest from partners who are aligned with the company’s long term strategy and the broader push for critical mineral supply diversification.

As Blencowe moves into this decisive stage, the project has the potential to reshape Uganda’s position within Africa’s battery minerals sector. A successful, finance ready DFS could accelerate investment inflows, stimulate infrastructure upgrades, and anchor Uganda as a meaningful graphite supplier to global energy transition supply chains, thereby strengthening the continent’s role in advanced material markets.

Mini Glossary

• Definitive feasibility study: A detailed technical and economic analysis used to confirm whether a mining project is viable and finance ready.
• Downstream purification: Processing raw graphite into higher purity material suitable for battery applications.
• Lithium ion batteries: Energy storage devices widely used in electric vehicles and renewable energy systems.
• Tenements: Legally defined areas where a company has rights to explore or mine minerals.