On the rocks: Countries are turning to Greenland’s Amitsoq graphite (Image: Kevin Schafer/Getty Images)Graphite is therefore worth going a long way to get. Late last year, Greenland’s government granted UK-based mining company Greenroc Strategic Minerals a 30-year licence to extract graphite at Amitsoq, in the south of the vast island. But it is known that the graphite at Amitsoq is the good stuff. “It’s really rich,” says Stefan Bernstein, CEO of Greenroc Strategic Minerals. “Who knows what Europe’s graphite demand will be in 2035 or so but the mine will provide between 10 and 15 per cent of it.”