About us

GreenRoc aims to develop and fast-track its exciting portfolio of high-grade critical minerals projects in Greenland, including the flagship projects containing graphite and ilmenite, into production.

GreenRoc has an abundance of minerals classed as vital for the global transition to net zero, including high grade graphite, which is a central component of EV batteries, solar panels and energy storage devices. Our aim is to leverage our deep management experience in Greenland and emerge as a key supplier of high demand critical minerals to fast growing European, North American, and world markets.

The Amitsoq Graphite Project in southern Greenland has a significant Maiden Ore Resource of 8.28 million tonnes (Mt) at an average grade of 19.75%, giving a total graphite content of 1.63Mt, making it one of the highest-grade graphite projects in the world. Our independent test work on Amitsoq graphite has confirmed that it can be upgraded to high-purity spherical graphite (>99.95% C) for use in lithium-ion batteries and the electric vehicle (EV) sector.

In northern Greenland, GreenRoc has a cluster of three mining projects.

Thule Black Sands comprises high-grade mineral sands over a 10 km stretch of coastline and has a resource which is already sufficient to sustain a 10-year mine life at a mining rate of 1.5 million tonnes per annum.

The iron ore at Melville Bay has potential for Direct Shipping Ore, and significant potential for expansion of the current JORC resource of 63 million tonnes @ 31.4% Fe.

Lastly, extensive historic exploration has reported the presence of cobalt, copper, gold, vanadium and nickel at the Inglefield Multi-Element Project, with the potential for the project to host iron oxide copper gold ore (IOCG) deposits.

"An Exceptionally High-Grade Flake Graphite Project in Southern Greenland"

Amitsoq Graphite, Greenland

Board & Management

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Lars Brünner

Non-Executive Director

George Frangeskides

Non-Executive Chairman

Jim Wynn

Finance Director

Mark Austin

Chief Operating Officer & Senior Geologist

Mark Rachovides

Independent Non-Executive Director

Our operations

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Registered Office

6th Floor
60 Gracechurch Street
London EC3V 0HR

Lars Brunner
Independent Non-Executive Director

Mr Brünner has been an Environmental Consultant for more than 30 years, during which time he has conducted Environmental
and Social Impact Assessments for a broad range of projects and developed a wide-ranging expertise in environmental matters. From 2014 until May 2020, he was the Arctic Mining and Environment, Business Development Leader for Golder Associates A/S (“Golder”), a leading international mining and environmental consultancy firm, and led the environmental field team at Golder which undertook the first-year environmental baseline studies at the TBS Project in 2018.

Mr Brünner brings with him an in-depth knowledge of Greenlandic law, culture, environment and language, having worked in Greenland for many years. He has established strong relationships with a range of key stakeholders in Greenland and offers invaluable support and advice to the Company’s technical team.

George Frangeskides
Non-Executive Chairman

Mr Frangeskides has a broad range of experience gained from over 25 years in the mining, legal and corporate advisory sectors in Australia and the United Kingdom and an extensive network of contacts across the mining and investment sectors across the world.

Mr Frangeskides, who is also the Executive Chairman of Alba, initiated Alba’s move into Greenland in 2015 with the farm-in and acquisition of the Amitsoq Project. Subsequently, he led Alba’s strategy of adding other assets to its Greenland portfolio, firstly with the Thule Black Sands Project and then with Melville Bay and Inglefield.

Non-Executive Director

Mr. Panteli is a seasoned finance professional with over 25 years’ experience in the alternative investments industry. He has held a range of senior positions, including at ThomasLloyd Global Asset Management, Bank of America Securities, Dresdner Kleinwort Wasserstein and BNP Paribas Asset Management, and has extensive experience in investment management, research, risk, operations, structuring, allocating capital, due diligence, business development and management.

Mark Austin
Non-Executive Director

Mr Austin, who is Alba’s Chief Operating Officer and Senior Geologist, has significant management and operational experience in a career spanning four decades across a range of commodities. Mr Austin’s experience includes being a Non-Executive Director at Central Rand Gold (2016-2017), being Group Geologist and CEO of Kilimapesa Gold (Kenya) for Goldplat plc (2007-2013), being Vice President Exploration for Mano River Resources plc (2006-2007) and being Senior Exploration Geologist for
Placer Dome Exploration (Africa-Eurasia) Ltd (2005-2006).

Mr Austin was responsible for overseeing the detailed design and planning of the forthcoming drilling programmes at the Amitsoq and TBS Projects.

Mark Rachovides
Independent Non-Executive Director

Mr Rachovides is President of the European Association of Mining Industries, Metal Ores & Industrial Minerals (“Euromines”), the recognised representative of the European Metals and Minerals Industry. Euromines’ main objective is to promote the industry and its relations with European institutions at all levels. He is also a Consultant to Dundee Precious Metals Inc.

Mr Rachovides has held numerous board positions in natural resources companies active in Europe and elsewhere over the last twenty years. He was formerly an Executive Director of European Goldfields Limited which was acquired by Eldorado Gold Corporation in 2012. Previously he was Vice President, Europe at Dundee Resources Limited after spending 11 years at the European Bank for Reconstruction and Development (EBRD).

Thule Black Sands,

High-Grade Ilmenite Project on the Coastline of North-West Greenland

GreenRoc’s wholly-owned Thule Black Sands (TBS) Project is a heavy mineral sands project located on the Steensby Land peninsular in north-west Greenland.

The Geological Survey of Denmark and Greenland, GEUS, has estimated that 10 billion tonnes of ilmenite exist in the original rock within the entire Thule region, with a further 7 billion tonnes of ilmenite present in the form of placer ilmenite.

An extensive surface drilling campaign in 2018 led to the declaration of a maiden Mineral Resource for Thule Black Sands.

Extensive follow-up drilling was completed in the summer of 2021, with the aim of substantially increasing and upgrading the existing Mineral Resource at TBS.

Melville Bay Iron,

An Iron Ore Project with a Significant Defined Mineral Resources and High-Grade DSO Potential.

The Melville Bay Iron Project is located in north-west Greenland within 200 km of seasonally ice-free coastline some 1,500 km north of Nuuk and 130 km south of the nearest major settlement of Qaanaaq.

The Project hosts haematite and magnetite styles of mineralisation across numerous targets. The significant body of work completed to date, including extensive resource drilling and metallurgical test work, has confirmed the presence of significant iron ore deposits at Melville Bay and the ability to produce a saleable high-grade, low-impurity iron ore concentrate.

Amitsoq Graphite,

An Exceptionally High-Grade Flake Graphite Project in Southern Greenland



 The Amitsoq Graphite Project is located in the Nanortalik region of southern Greenland and is one of the highest-grade graphite deposits in the world, with a total inferred, indicated and measured JORC Resource of 23.05 million tonnes at an average grade of 20.41% Graphitic Carbon, giving a total graphite content of 4.71 Mt. The Resource contains a lower graphite layer that has a JORC resource of 16.88Mt at a grade of 21.51% with 3.634Mt of contained graphite.


Amitsoq and Kalaaq are two of the highest-graded graphite projects in the world.